Agenda Item #
Columbus Consolidated Government
Council Meeting
June 3, 2009
Agenda Report #
TO: Mayor and Councilors
SUBJECT: FY 2010 Tax Millage
INITIATED BY: Finance Department
Recommendation: Approve an ordinance levying ad valorem tax rates for the
calendar year 2009 in support of the FY 2010 Budget for the Columbus
Consolidated Government for the fiscal year July 1, 2009 through June 30, 2010.
Background: The Budget which was presented to Council on April 30, 2009
includes property tax revenue based on a projected net county operating digest
of $4,142,013,627 in all districts, which is 1.00% greater than the 2008 state
approved digest for the county.
Analysis: The proposed millage reflects no changes in the millage for Urban
Service District #1, a 0.06 mills decrease in Urban Service District #2, a 0.15
mills decrease in Urban Service District #4 and no changes in the
Transportation (METRA) millage in all urban service districts. Therefore, the
proposed millage rates are as follows: in Urban Service District #1, 17.91
mills; in Urban Service District #2, 12.99 mills; and in Urban Service District
#4, 11.70 mills.
Alternatives: The Tax Millage Ordinance will be on second reading June 16,
2009. Any delay beyond that date will delay the delivery and return of
property tax bills.
Financial Considerations: Based on the projected net digest, these tax rates in
conjunction with the debt digest will provide $73,093,205 of revenues for the
FY 2010 budget. An increase in the digest greater than the 1.00% growth factor
projected for the FY 2010 Recommended Budget would provide additional revenue
for operations. Based on the projected net digest, the three Business
Improvement District?s tax millages will produce combined revenues of $569,768,
which will be remitted less commission fees to the Business Improvement
District.
Legal Considerations: In accordance with O.C.G.A. 48-5-32, the proposed tax
millages and levy for the current year and five prior years have been
advertised prior to Council adoption.
Recommendations/Actions: Approve an ordinance levying ad valorem tax rates for
the calendar year 2009 in support of the FY 2010 Budget for the Columbus
Consolidated Government for the fiscal year July 1, 2009 through June 30, 2010.
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