Agenda Item #
Columbus Consolidated Government
Council Meeting
June 16, 2015
Agenda Report # ________________
TO: Mayor and Councilors
SUBJECT: FY 2016 Tax Millage
INITIATED BY: Finance Department
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Recommendation: Approve an ordinance levying ad valorem tax rates for the
calendar year 2015 in support of the FY 2016 Budget for the Columbus
Consolidated Government for the fiscal year July 1, 2015 through June 30, 2016.
Background: The Budget which was presented to Council on March 31, 2015
includes property tax revenue based on a projected net county operating digest
of $4,638,805,379 in all districts, which is 1.50% increase to the 2014 state
approved digest for the county.
Analysis: The proposed millage reflects no increase in the millage for Urban
Service District #1, Urban Service District #2, or Urban Service District #4.
Therefore, the proposed millage rates are as follows: in Urban Service
District #1, 17.18 mills; in Urban Service District #2, 11.20 mills; and in
Urban Service District #4, 10.30 mills; plus a Debt Service millage of .70 for
all districts.
Alternatives: The Tax Millage Ordinance will be on second reading June 23,
2015. 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 $77,526,914 of revenues for the
FY 2016 budget at an estimated 96% collection rate. Based on the projected net
digest, the three Business Improvement District?s tax millages will produce
combined revenues of $589,740, 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 2015 in support of the FY 2016 Budget for the Columbus
Consolidated Government for the fiscal year July 1, 2015 through June 30, 2016.
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