Notice of Property Tax Increase

NOTICE OF PROPERTY TAX INCREASE

The City of Pine Lake Mayor and City Council have tentatively adopted a millage rate which will require an increase in property taxes by 14.51 percent.  All concerned citizens are invited to the public hearing on this tax increase to be held at the Courthouse/Council Chambers, 459 Pine Drive, Pine Lake, GA on June 22, 2017 at 7:00 p.m.

Times and places of additional public hearings on this tax increase are at the same location on June 24, 2017 at 9:00 a.m. and June 27, 2017 at 6:00 p.m.

This tentative increase will result in a millage rate of 22.200 Mills, an increase of 2.813 mills. Without this tentative tax increase, the millage rate will be no more than 19.387 mills. 

The proposed tax increase for a home with a fair market value of

$125,000 is approximately $129.40 and the proposed tax increase for nonhomestead property with a fair market value of $200,000 is approximately $225.04.

 

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