First Public Hearing On Brookhaven Millage Rate Is Tuesday

BROOKHAVEN, GA -- The first of two public hearings on Brookhaven's proposed 2019 millage rate will be held Tuesday, June 11, at 7 p.m. The second will be held Tuesday, June 25, at 7 p.m. After the final public hearing, the millage rate will be on the city council’s agenda for formal adoption.

Both hearings will be held at Brookhaven city hall, 4362 Peachtree Road.

In November 2018, the city council adopted a balanced 2019 general fund budget totaling $47,568,301 in direct expenditures, defined as the total of all 12 funds minus interfund transfers. The general fund budget, which funds the day-to-day operations of the city, totals $27.6 million. The anticipated millage rate in 2019 is 2.74 mills, the same rate as in 2016, 2017, and 2018.

Due to a decrease in DeKalb County’s revaluation of real property tax assessments, the proposed 2.74 millage rate results in a decrease in property tax by 0.44 percent under the rollback millage rate. The rollback millage rate for 2019 is calculated at 2.752 mills.

For example, the tax decrease based on the difference between the rollback and the proposed millage rate for a homesteaded property with a fair market value of $499,703 would be approximately $2.40, and the proposed decrease for a non-homestead property with a fair market value of $389,665 is approximately $1.87.

Per the city charter, Brookhaven’s millage rate is capped at 3.35.