NOTICE OF PROPOSED PROPERTY TAX INCREASE
The City of Sugar Hill has tentatively adopted a millage rate of 3.69 mils. Without this tentative tax increase of 4.41%, the millage rate would be no more than 3.534 mils.
The increase in revenue over 2023, using the current millage rate of 3.69 mils, is the result of the reassessment of property values by the Gwinnett County Board of Tax Assessors, new construction added to the city tax digest over the last year, as well as increased exemptions to the city’s digest, (such as increased homestead exemptions), not an actual increase in the millage rate. The proposed tax increase for a homestead property in the city with an average fair market value of $450,000, at the proposed millage rate of 3.69, is $28.08 per year and the proposed tax increase for a non-homestead property with an average fair market value of $425,000, at the proposed millage rate of 3.69, is also approximately $26.52 per year.
All concerned citizens are invited to attend one or all the public hearings to
be held at City Hall, Council Chambers, 5039 West Broad Street, Sugar Hill, Georgia on the following dates and times:
Monday, September 9, 2024, at 9:00 a.m. -Public Hearing #1
Monday, September 9, 2024, at 7:30 p.m. – Public Hearing #2
The Mayor and Council will hold a special-called meeting on Monday, September 16, 2024, at 6:00 p.m. to conduct the third and final Public Hearing before taking public action to set the city 2024 Millage Rate.
