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File #: 2020-0595    Version: 1 Name:
Type: Resolution Status: Public Hearing
File created: 6/1/2020 In control: FAB-Finance, Audit & Budget Committee
On agenda: 7/7/2020 Final action:
Title: Commission District(s): All Districts 2020 Budget Revision; Ad Valorem Tax Millage Rates
Attachments: 1. 2020 07.14 Item 2020-0595, 2. MY20 Placeholder Agenda Item 2020.07.07.pdf

                                    

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