Fulton board approves 2012 millage rate, most taxpayers to see lower bills

6:47 PM, Jul 11, 2012   |    comments
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(ATLANTA) -- The Fulton County Board of Commissioners voted without opposition to maintain its current millage rate for the General Fund portion of tax bills.

The millage rate will remain at 10.281 mills, meaning that any homeowner whose property declined in value will see a lower bill, and any property whose value remained constant will stay the same.

According to the Fulton County Government, approximately 80% of General Fund revenue comes from property taxes. They said among five largest metro Atlanta areas, including Cobb, Gwinnett, DeKalb and Clayton Counties, Fulton's General Fund millage rate is the lowest. Fulton is the only metro county that has not increased its General Fund millage rate during the economic downturn.

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