CITY OF ATLANTA

FISCAL YEAR 2021

PROPOSED PROPERTY TAX MILL RATES

ROOSEVELT COUNCIL JR., CFO

2

NET TAX DIGEST AND MILLAGE VALUE

LEVY PURPOSE

FY2020

MILL RATE

FY2021

PROPOSED

MILL RATE* CHANGE

%

CHANGE

Operating General operating

expenses of the

City

7.85 7.85 0.00 0.0%

Bonds Debt service

payments on

General Obligation

Bond issues

1.88 1.88 0.00 0.0%

Parks Expenses related to

City of Atlanta

Parks

0.50 0.50 0.00 0.0%

ALL City of Atlanta Total 10.23 10.23 0.00 0.0%

*Note: The Proposed FY2021 Operating levy is an estimate for budgetary purposes until an authorized 2020 Tax Digest from Fulton and DeKalb County is

received. The Final FY2021 Operating levy will be in accordance with the provisions of HB820, effective January 1, 2019 “Atlanta Base Freeze Exemption”.

BREAKDOWN OF TAX LEVIES BY MUNICIPALITY

Atlanta Public Schools 50%

Fulton or Dekalb County 25%

City of Atlanta General Operating 21%

City of Atlanta Bond 3%

City of Atlanta Parks 1%

3

City of

Atlanta

Operating

21%

City of Atlanta Bond

3%

City of Atlanta Parks

1%Fulton/Dekalb

County 25%

Atlanta

Public

Schools 50%

BASED ON 2019 DIGEST

Q U E S T I O N S

&

A N SW E R S