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Brookhaven sets property tax rate lower than last year
by Staff Reports
July 08, 2014 09:43 AM | 639 views | 0 0 comments | 2 2 recommendations | email to a friend | print
The city of Brookhaven recently adopted a property tax rate of 2.795 mills for fiscal 2014, setting property tax rates at .055 mills lower than 2013.

“We lowered our rate to a level where we think we can still responsibly and efficiently continue providing our citizens a high level of service,” said Brookhaven Mayor J. Max Davis. “We also thought that by lowering our tax rate we can demonstrate to residents that we are committed to limited government and living within our means.

“An individual’s property tax bill is dependent on a number of factors. But we also have an assessment freeze in our charter for homeowners whose home was in the city limits at incorporation. This means for most homeowners this millage cut will mean a decrease in their city property taxes.”

The freeze does not apply to commercial or rental property.

Adopting a property tax rate .055 mills lower than last year will cost the city about $110,000 in revenue, although the exact amount will not be known until DeKalb County sets its own property tax rate. Additionally, the city will not know its complete revenue picture until late fall when the county actually collects the receipts and transfers them to the city.

Along with having a growing digest, Brookhaven was ranked as having the fastest-growing ZIP code in metro Atlanta by WelcomeMat services, and recently crossed the 50,000 mark in population. High demand for residential housing in Brookhaven is another factor in the city’s rising digest.

“As a young city we have a lot of demand for our services and we’re working hard to deliver them,” Davis said. “But people can clearly see that a home in Brookhaven is a good investment and that we will work to protect it.”

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