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NOTICE The City of Damascus City Council does hereby announce that the millage rate will be set at a meeting to be held at City Hall on October 3, 2007
at 7:00 p.m. and pursuant to the requirements of O.C.G.A. Section 48-5-32 do hereby publish the following presentation of the
current year's tax digest and levy, along with the history of the tax digest and levy for the past five years. | CURRENT 2007 TAX DIGEST AND | 5 YEAR HISTORY OF LEVY | | City | | | 2003 | | | 2002 | | | 3,397,947 | | | 4,042,305 | | | Real & Personal | | | 792,850 | | | 854,809 | | | Motor Vehicles | | | 126,045 | | | 149,484 | | | Mobile Homes | | | Timber - 100% | | | Heavy Duty Equipment | | | 4,316,842 | | | 5,046,598 | | | Gross Digest | | | 154,917 | | | 747,320 | | | Less M&O Exemptions | | | 4,161,925 | | | 4,299,278 | | | Net M&O Digest | | | 7.69 | | | 6.36 | | | Gross M&O Millage | | | 7.69 | | | 6.36 | | | Less Rollbacks | | | 0.00 | | | 0.00 | | | Net M&O Millage | | | Total Taxes Levied | | | Net Taxes $ Increase | | | 0% | | | Net Taxes % Increase | | | 0% | | | 2004 | | 4,373,170 | | 734,410 | | 141,321 | | 5,248,901 | | 1,147,346 | | 4,101,555 | | 7.56 | | 7.56 | | 0.00 | | 0% | | 2005 | | 4,361,891 | | 674,450 | | 138,412 | | 5,174,753 | | 1,135,645 | | 4,039,108 | | 7.32 | | 7.32 | | 0.00 | | 0% | | 2006 | | 3,467,003 | | 625,950 | | 140,004 | | 4,232,957 | | 324,273 | | 3,908,684 | | 9.30 | | 9.30 | | 0.00 | | 0% | | 2007 | | 4,943,234 | | 499,970 | | 165,134 | | 5,608,338 | | 394,021 | | 5,214,317 | | 13.74 | | 7.75 | | 5.99 | | 31,234 | | 31,234 | | 100% | | *PROPOSED | |
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