Evermore CID 2020 Proposed Millage Rate

Jun 26, 2020 | 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 July 15, 2020, beginning at 2:30 P.M. at the CID Offices, 2795 Main Street, Building 28, 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.

2015

2016

2017

2018

2019

2020 Proposed

Assessed Value

$165,878,280

$167,184,120

$170,433,640

$183,154,280

$198,121,400

$203,534,449

Taxes Levied

$ 829,391

$ 835,920

$ 852,168

$183,154,280

$198,121,400

$1,017,672

% Change

1%

1%

2%

7%

8%

3%

$ Change

$ 10,031

$ 6,529

$ 16,248

$ 63,603

$ 74,836

$ 27,065

Assessed Value

2015 $165,878,280
2016 $167,184,120
2017 $170,433,640
2018 $183,154,280
2019 $198,121,400
2020 proposed $203,534,449

Taxes Levied

2015 $829,391
2016 $835,920
2017 $852,168
2018 $915,771
2019 $990,607
2020 Proposed $1,017,672

% Change

2015 1%
2016 1%
2017 2%
2018 7%
2019 8%
2020 3%

$ Change
2015 $10,031
2016 $6,529
2017 $16,248
2018 $63,603
2019 $74,836
2020 $27,065

J. Lynn Rainey, PC – State Bar No. 592350 – 358 Roswell Street, Suite 1130,

Marietta, Georgia 30060 – (770) 421-6040

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2795 Main St. West, Ste. 28
Snellville, GA 30078
(770) 979-5800
Fax (770) 979-0712

Jim Brooks
jbrooks@evermorecid.org