The City of Lawrenceville has announced that it will maintain its current millage rate at 3.26 mills for the year 2025. This decision results in a property tax increase for residents due to the rate exceeding the rollback rate of 2.759 mills, which is adjusted to reflect property value growth. Homeowners with properties valued at $350,000 are set to see an annual increase of $70.14, while owners of non-homestead properties valued at $600,000 will experience a $120.24 rise, as confirmed in a press release published on their official website yesterday.
In the intricacies of Georgia’s tax laws, maintaining a consistent rate does not always equate to a consistent tax bill; this is due to the requirements generated more revenue must be advertised as an increase, even if the millage rate stands unaltered. Mayor David Still has expressed the city’s intent to utilize the preserved rate for continued investment in essential areas, stating, “Lawrenceville is growing, and we’re planning responsibly to meet that growth head-on,” as noted by the city’s website.
The millage rate was initially adjusted to 2.228 in 2022 before climbing to the 3.26 level in 2024. With respect to the 2026 Fiscal Year, Lawrenceville is operating with a $227.7 million budget. The city’s income stems from a mixture of property taxes, business fees, and a robust network of city-owned utilities that include natural gas, electric, and stormwater services. Notably, Lawrenceville’s fiscal prudence has been recognized with its tenth consecutive Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA)…