Substitute
Public Hearing: YES ☒ NO ☐ Department: OMB (Office Managing Budget)
SUBJECT:
Title
2018 Budget Revision; Ad Valorem Tax Millage rates
Body
Information Contact: Tanikia Jackson
Phone Number: 404-371-2747
PURPOSE:
To adopt changes to the 2018 Operating Budget and Revenue Anticipation; to adopt the Ad Valorem Tax Millage Rates for DeKalb County; to adopt a Homestead Exemption Applicable to county operational and maintenance taxes under HOST and E-HOST for 2018 using a 12.8% HOST Credit for 3 months across all eligible tax funds and 85.2% E-HOST credit for 9 months applied to General and Hospital funds; and approval to authorize the Chief Executive Officer to execute any and all necessary documents.
NEED/IMPACT:
This agenda items revises the county’s operating budget to reflect the current digest, authorizes the ad valorem tax millage rates for this year, adjusts the number of authorized positions, adjusts the number of vehicles, and authorized and adjusts capital projects.
FISCAL IMPACT:
Adjusts the current budget to reflect current digest information and other changes.
RECOMMENDATION:
Recommended Action
Defer on June 26 to the July 10 meeting for approval.