Lawrenceville officials do not plan to raise the city’s millage rate this year, but property owners will still see a roughly 10% increase in their municipal property taxes this year, according to city officials.
The city has proposed keeping its millage rate at 3.26 mills for this year, but since property values have gone up, that means property owners will owe more money this fall. Under Georgia’s Truth in Taxation law, the city has to tell property owners how much their taxes will likely increase by when advertising the proposed millage rate.
In Lawrenceville’s case, officials said that will be somewhere in the neighborhood of 10%, although they added it could vary from property to property based on their values and based on the floating homestead exemption applied to properties in the city…