The annual levy imposed on real estate within a specific jurisdiction north of Atlanta funds essential public services such as schools, libraries, parks, and public safety. This levy is calculated by multiplying the assessed value of a property by the applicable millage rate. For example, a millage rate of 10 mills on a property assessed at $200,000 would result in a tax of $2,000.
Stable and predictable local government revenue is vital for maintaining the quality of life and economic vitality of a community. This revenue stream allows for consistent funding of public services, contributing to a well-functioning society. Historical trends in these levies often reflect changes in community needs, economic conditions, and local government priorities. Understanding these trends can provide valuable insight into the financial health and development of a region.