REPORT OF LILBURN COMMUNITY IMPROVEMENT
DISTRICT OF PROPOSED MILLAGE RATE

 

In compliance with O.C.G.A. §48-5, the Lilburn Community Improvement District (“CID”) reports that at its meeting on July 22, 2020, beginning at 11:30 A.M. at Lilburn City Hall, 340 Main Street, NW, Lilburn, Gwinnett County, Georgia 30047, the Lilburn 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 the immediately preceding five years, the total dollar amount of ad valorem taxes proposed to be levied for the current year and levied in the immediately preceding five 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 year has been 5 mills. The meeting is also accessible via Zoom at:  https://us02web.zoom.us/j/84754379435


YearAssessed ValueTaxes Levied% Change$ Change
2015$46,848,440$234,24212%$25,025
2016$62,631,320$313,15634%$78,914
2017$65,538,960$327,6955%$14,539
2018$71,468,520$357,3429%$29,647
2019$78,325,360$396,62711%$39,285
2020
(proposed)
$87,636,081$438,18010%$41,553

 

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