City of Atlanta
Georgia

Ordinance
16-O-1356
Returned as HELD
Aug 15, 2016 1:00 PM

A SUBSTITUTE ORDINANCE BY FINANCE/EXECUTIVE COMMITTEE TO AMEND SECTION 146-26 (b), (c), (d), (e) AND (f) OF THE CODE OF ORDINANCES OF THE CITY OF ATLANTA, SO AS TO CHANGE THE AD VALOREM TAX RATE OF REAL AND PERSONAL PROPERTY FOR THE GENERAL LEVY, DEBT LEVY, CITY PARKS LEVY, SCHOOL OPERATING LEVY, SCHOOL DEBT LEVY AND THE SPECIAL TAX DISTRICT LEVY; TO PROVIDE THAT THE TAX RATES ESTABLISHED HEREIN SHALL REMAIN FIXED EACH YEAR UNTIL AMENDED OR REPEALED; AND FOR OTHER PURPOSES.

Information

Department:FinanceSponsors:
Category:FinanceFunctions:Legislative Liaison - Charlene Parker

Body

WHEREAS, the City of Atlanta is charged with operating and maintaining City Government and is charged by law with the responsibility of annually recommending to the Mayor and City Council the rate of the tax levy to be made; and

 

WHEREAS,  the Atlanta Board of Education is charged with operating and maintaining an independent school system and is charged by law with the responsibility of annually recommending to the Mayor and City Council the rate of the tax levy to be made; and

 

WHEREAS, Ordinance 16-O-1148 adopted by Council on June 20, 2016 and approved by the Mayor on June 29, 2016 levying the City’s 2016 Millage Rates on real and personal property contained a General Levy of 8.81 mill, a Debt Levy of 1.53 mill, a School Operating Levy of 21.64 mill, a School Debt Levy of .10 mill, a Park Levy of .50 mill, and a Special Tax District Levy of $1.108 mill; and

 

WHEREAS, Ordinance 16-O-1148  contained 2016  Millage rates that were based on preliminary digests received by Fulton & DeKalb County in June of 2016; and

 

WHEREAS, the City has subsequently received from Fulton & DeKalb County updated digest in August of 2016; and

 

WHEREAS,  Section 146-26 (a) provides that the taxes set forth in this Article continue to be levied and assessed each year until amended or repealed, and at this time the Department of Finance desires to amend Section 146-26 (b), (c), (d), (e) and (f) so as to change the ad valorem tax rate of real and personal property for the General Levy, Debt Levy, City Parks Levy, School Operating Levy, School Debt Levy and the Special Tax District Levy.

 

 

 

 

 

 

 

THE CITY COUNCIL OF THE CITY OF ATLANTA, GEORGIA, HEREBY ORDAINS, as follows:

 

SECTION 1:  That Sections 146-26 (b), (c), (d), (e), and (f) of the Code of Ordinances of the City of Atlanta, which read as follows:

 

(b)     General Levy.  An ad valorem tax at the rate of thirteen dollars and eighty six cents ($13.86) less an amount equal to four dollars and ninety seven cents ($4.97) for the rollback of 2015 anticipated sales tax revenue, less an amount equal to eight cents ($0.08) for millage equivalent rate rollback  to yield a net ad valorem tax at the rate of eight dollars and eighty one cents ($8.81) on every $1,000 or any part thereof of the value of all real and personal property which under the Laws of this State is subject to taxation within the corporate limits of the City for this purpose, is hereby levied.”

 

(c)              “Bonded Indebtedness.  An ad valorem tax at the rate of one dollar and fifty three cents ($1.53) on every $1,000 or any part thereof of the value of all real and personal property, which, under the Laws of this State is subject to taxation within the corporate limits of the City for the purpose of raising revenue for the payment of principal and interest on bonded indebtedness for the City of Atlanta, is here by levied.  An ad valorem tax at the rate of one tenth ($.10) on every $1,000 or part thereof of the value of all real and personal property, which, under the Laws of this State is subject to taxation within the corporate limits of the City for the purpose of raising revenue for the payment of principal and interest on bonded indebtedness for the Atlanta Board of Education, is hereby levied.”

 

(d)              “Parks.  An ad valorem tax at the rate of fifty cents ($.50) on every $1,000 or any part thereof of the value of all real and personal property which under the Laws of this State, is subject to taxation within the corporate limits of the City for the purpose of raising revenue for the improvement of the public parks of the city, is hereby levied.”

 

(e)              “Education Levy.  An ad valorem tax at the rate of twenty-one dollars and sixty four cents ($21.64) on every $1,000 or any part thereof of the value of all real and personal property which under the Laws of this State is subject to taxation within the corporate limits of the City for this purpose, is hereby levied.”

 

(f)              “Special Tax District. An ad valorem tax at the rate of one dollar and one hundred and eight thousandths ($1.108) on every $1,000 or any part thereof of all real and personal property within that portion of the City of Atlanta lying in DeKalb County, which under the laws of this State is subject to taxation within the corporate limits of the City of Atlanta in DeKalb County, is hereby amended to read as follows hereby levied.”

 

 

 

Is hereby amended to read as follows:

 

(b)     General Levy.  An ad valorem tax at the rate of twelve dollars and ninety-one cents ($12.91) less an amount equal to four dollars and two cents ($4.02) for the rollback of 2015 sales tax revenue, less an amount equal to one cent ($0.01) for city approved rate rollback to yield a net ad valorem tax at the rate of eight dollars and eighty-eight cents ($8.88) on every $1,000 or any part thereof of the value of all real and personal property which under the Laws of this State is subject to taxation within the corporate limits of the City for this purpose, is hereby levied.”

 

(c)              “Bonded Indebtedness.  An ad valorem tax at the rate of one dollar and forty-eight cents ($1.48) on every $1,000 or any part thereof of the value of all real and personal property, which, under the Laws of this State is subject to taxation within the corporate limits of the City for the purpose of raising revenue for the payment of principal and interest on bonded indebtedness for the City of Atlanta, is here by levied.  An ad valorem tax at the rate of twenty-five thousandths ($.025) on every $1,000 or part thereof of the value of all real and personal property, which, under the Laws of this State is subject to taxation within the corporate limits of the City for the purpose of raising revenue for the payment of principal and interest on bonded indebtedness for the Atlanta Board of Education, is hereby levied.”

 

(d)              “Parks.  An ad valorem tax at the rate of fifty cents ($.50) on every $1,000 or any part thereof of the value of all real and personal property which under the Laws of this State, is subject to taxation within the corporate limits of the City for the purpose of raising revenue for the improvement of the public parks of the city, is hereby levied.”

 

(e)              “Education Levy.  An ad valorem tax at the rate of twenty-one dollars and seven hundred fifteen thousandths ($21.715) on every $1,000 or any part thereof of the value of all real and personal property which under the Laws of this State is subject to taxation within the corporate limits of the City for this purpose, is hereby levied.”

 

(f)              “Special Tax District. An ad valorem tax at the rate of nine hundred sixty- five thousandths ($0.965) on every $1,000 or any part thereof of all real and personal property within that portion of the City of Atlanta lying in DeKalb County, which under the laws of this State is subject to taxation within the corporate limits of the City of Atlanta in DeKalb County, is hereby amended to read as follows hereby levied.”

 

 

 

 

SECTION 2:  That the Tax Commissioners of Fulton and DeKalb County, by copy of this Ordinance be and are hereby requested to specifically list all components of both the Bonded Indebtedness Levy of the City of Atlanta and Atlanta Board of Education and the General Levy of the City of Atlanta, as set forth in Section 146-26 (b), (c), (d), (e) and (f) herein, on tax bills to be rendered to citizens of Atlanta.

 

SECTION 3:  That all ordinances or parts of ordinances in conflict herewith are hereby waived to the extent of the conflict.

 

 

 

 

 

 

 

 

Meeting History

Jun 20, 2016 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

REFERRED TO FINANCE/EXECUTIVE COMMITTEE BY A ROLL CALL VOTE OF 13 YEAS; 0 NAYS

RESULT:REFERRED TO COMMITTEE [13 TO 0]
AYES:Michael Julian Bond, Andre Dickens, Carla Smith, Ivory Lee Young Jr., Cleta Winslow, Natalyn Mosby Archibong, Alex Wan, Howard Shook, Yolanda Adrean, Felicia A Moore, Clarence "C. T." Martin, Keisha Lance Bottoms, Joyce M Sheperd
ABSENT:Mary Norwood
AWAY:Kwanza Hall
Jul 5, 2016 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

RETURNED AS HELD TO FINANCE/EXECUTIVE COMMITTEE WITHOUT OBJECTION

RESULT:RETURNED AS HELD
Jul 18, 2016 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

RETURNED AS HELD TO FINANCE/EXECUTIVE COMMITTEE WITHOUT OBJECTION

RESULT:RETURNED AS HELD
Aug 15, 2016 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

RETURNED AS HELD TO FINANCE/EXECUTIVE COMMITTEE WITHOUT OBJECTION

RESULT:RETURNED AS HELD