Evermore CID 2021 Proposed Millage Rates

REPORT OF EVERMORE COMMUNITY IMPROVEMENT DISTRICT OF PROPOSED MILLAGE RATE

In compliance with O.C.G.A. §48-5, the Evermore Community Improvement District (“CID”) reports that at its meeting on June 30, 2021, beginning at 2:30 P.M. at the CID Offices, 2795 Main Street, Building 28, Suites A & B, Snellville, Gwinnett County, Georgia 30078, the Evermore CID Board of Directors will vote upon a proposal to levy an ad valorem taxation rate of 5 mills, and will set its millage rate for the lawful purposes of the District for the current calendar year. Set forth below are the assessed taxable values of the properties subject to taxes for the current year and five immediately preceding years, the total dollar amount of ad valorem taxes proposed to be levied for the current year and levied in the five immediately preceding years, as well as the percentage and total dollar increases or decreases with respect to the immediately preceding calendar year. All property levied upon is real property. The millage rate for each of the previous five years has been 5 mills.

$ Change

$6,529

$16,248

$63,603

$74,836

$18,908

$15,614

2016

• Assessed Value $167,184,120
  
• Taxes Levied $835,920
  
• % Change 1%
  
• $ Change $6,529

2017

• Assessed Value $170,433,640
  
• Taxes Levied $852,168
  
• % Change 2%
  
• $ Change $16,248

2018

• Assessed Value $183,154,280
  
• Taxes Levied $915,771
  
• % Change 7%
  
• $ Change $63,603

2019

• Assessed Value$198,121,400
  
• Taxes Levied $990,607
  
• % Change 8%
  
• $ Change $74,836

2020

• Assessed Value $201,903,080
  
• Taxes Levied $1,009,515
  
• % Change 2%
  
• $ Change $18,908

2021 Proposed

• Assessed Value$205,025,952
  
• Taxes Levied $1,025,129
  
• % Change 1.5%
  
• $ Change $15,614

J. Lynn Rainey, PC – State Bar No. 592350 – 358 Roswell Street, Suite 1130, Marietta, Georgia 30060 – (770) 421-6040