NOTICE

 

THE LAVONIA GOVERNING AUTHORITY DOES HEREBY ANNOUNCE THAT THE FINAL MILLAGE RATE FOR 2003 WILL BE ESTABLISHED AT THE CITY COUNCIL MEETING TO BE HELD AT THE CITY HALL ON FEBRUARY 02, 2004 AT 5:30 PM AND PURSUANT TO O.C.G.A. 48-5-32 HEREBY PUBLISHES THE FOLLOWING PRESENTATION OF THE 2003 TAX DIGEST AND PROPOSED MILLAGE RATE ALONG WITH THE HISTORY OF THE TAX DIGEST FOR THE LAST FIVE YEARS.

 

CURRENT 2002 TAX DIGEST AND 5 YEAR HISTORY OF LEVY

 

 

 

 

 

 

 

 

 

 

 

LAVONIA

1997

1998

1999

2000

2001

2002

2003

 

 

 

 

 

 

 

 

Real and Personal

49963570

57739493

60072901

63867590

40451149

59261426

58880963

Motor Vehicles

3410149

4193550

3657600

3726635

2784440

1908320

2003580

Mobile Homes

32960

90162

34932

111005

112067

197055

195374

Timber - 100%

0

0

0

0

0

0

0

Heavy Duty Equipment

0

0

0

0

0

0

0

Gross Digest

53406679

62023205

63765433

67705230

43347656

61366801

61079917

Less M & O Exemptions

8678392

9127002

9484992

12183960

2903755

2932525

4370990

Net M & O Digest

44728287

52896203

54280441

55521270

40443901

58434276

56708927

 

 

 

 

 

 

 

 

Gross M & O Millage

17450

16610

16380

16480

20740

18290

19390

Less Rollbacks

7450

6610

6380

6480

10740

8290

9390

Net M & O Millage

    10.000

    10.000

    10.000

    10.000

    10.000

    10.000

    10.000

 

 

 

 

 

 

 

 

Net Taxes levied

447283

528962

542804

555213

404439

584343

567089

 

 

 

 

 

 

 

 

Net Taxes $ Increase

45984

81679

13842

12409

149874

179904

-17254

Net Taxes % Increase

11.46%

18.26%

2.62%

2.29%

26.98%

44.48%

-3%