Millage Notice

REPORT OF SUGARLOAF COMMUNITY IMPROVEMENT

DISTRICT OF PROPOSED MILLAGE RATE

 

In compliance with O.C.G.A. §48-5, the Sugarloaf Community Improvement District (“CID”) reports that at its meeting on July 12, 2016, beginning at 1:30 p.m. at 1960 Satellite Boulevard, Suite 1300, Duluth, Gwinnett County, Georgia 30097, the CID Board of Directors will vote upon a proposal to levy an ad valorem taxation rate of 3.5 mills, and will set its millage rate for the lawful purposes of the District for the current calendar year.  Set forth below is the assessed taxable value of the properties subject to taxes for the current year and the total dollar amount of ad valorem taxes proposed to be levied for the current year, reflecting there have been no CID taxes previously assessed, and therefore no preceding years of CID assessed taxable values, taxes, and increases to report..  All property levied upon is real property.

Assessed Value           Taxes Levied               % Change                    $ Change

2016proposed            $54,124,920                 $189,437                      100%                       $189,437

 

 

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

Marietta, Georgia 30060 – (770) 421-6040 – CID General Counsel

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