Public Hearing: YES ☒ NO ☐ Department: OMB (Office Managing Budget)
SUBJECT:
Title
Commission District(s): All Districts
2020 Budget Revision; Ad Valorem Tax Millage Rates
Body
Information Contact: TJ Sigler, Director, Office of Management & Budget
Phone Number: 404-371-2426
PURPOSE:
To adopt changes to the 2020 operating budget and revenue anticipation; to adopt the ad valorem tax millage rates for DeKalb County; to adopt a homestead exemption of 94.4% under E-HOST applied to General and Hospital funds; and to authorize the Chief Executive Officer to execute all necessary documents.
NEED/IMPACT:
This agenda items revises the county’s operating budget to reflect the current tax digest, authorizes the ad valorem tax millage rates for this year, and make other changes.
This agenda item requests passing of the attached documents:
Schedule A - 2020 Mid-year Operating Budget Amendment
Schedule B - Resolution to Levy Taxes for the Year 2020
FISCAL IMPACT:
Adjusts the current budget to reflect current digest information and other changes
RECOMMENDATION:
Recommended Action
To approve the budget resolution and ad valorem tax millage rates and authorize the Chief Executive Officer to execute all necessary documents