TUCKER, Ga. (May 25, 2017) – Having just adopted their Fiscal Year 2018 budget, leaders with the City of Tucker are now looking to adopt a millage rate for the City. The rate, which is multiplied by assessed property values to establish property taxes, is expected to be set at “zero”, meaning residents will see no increase from the City on their tax bill in the upcoming year.
Tucker residents are invited to attend a Special Called Meeting of the City Council on June 12 at 6 p.m. at Tucker’s City Hall Annex to express their views on the millage rate during a Public Hearing. That Public Hearing will be followed by the City’s regular scheduled City Council Meeting at 7 p.m., where Council plans to formally adopt the millage rate.
Incorporated as a city in 2016, Tucker will operate for the upcoming Fiscal Year on a $7.6 million budget, which sets aside an additional $1 million for reserve. Having a zero millage rate, the City generates revenue through things like business and alcohol licenses, permit fees, fines, as well as utility franchise fees.