Millage Rates
CITY OF MADISON
NOTICE
PUBLIC HEARING
The City of Madison Mayor and Council do hereby announce that the millage rate for the City of Madison will be set at a meeting to be held at the City of Madison Public Safety Bldg. Meeting Hall, 160 N. Main Street, Suite 400, on August 4, 2023, at 8:30 AM and pursuant to the requirements of O.C.G.A. 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.
Digest = thousands
CURRENT 2023 TAX DIGEST AND 5 YEAR HISTORY OF LEVY
City of Madison | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Real and Personal | 268,669 | 278,523 | 299,820 | 306,903 | 350,291 | 378.540 |
Motor Vehicles | 3,208 | 2,529 | 2,512 | 2,009 | 2,643 | 4,567 |
Mobile Homes | 326 | 324 | 381 | 378 | 369 | 365 |
Heavy Duty Equipment | - | - | - | - | - | - |
Gross Digest | 272,203 | 281,276 | 302,713 | 309,290 | 353,303 | 383,472 |
Less M&O Exemptions | 26,666 | 28,608 | 30,882 | 32,358 | 38,268 | 41,077 |
Net M&O | 245,537 | 252,768 | 271,831 | 276,932 | 315,035 | 342,395 |
Gross M&O Millage | 8.812 | 9.089 | 9.126 | 9.801 | 9.588 | 10.036 |
Less Rollbacks | 3.047 | 3.369 | 3.484 | 4.228 | 4.034 | 4.612 |
Net M&O Millage | 5.765 | 5.720 | 5.642 | 5.573 | 5.554 | 5.424 |
Net Taxes Levied | $1,415.5 | $1,445.8 | $1,533.7 | 1,543.3 | 1,749.7 | 1,857.2 |
Net Taxes $ Inc/Dec | -$43 | $30 | $88 | $10 | $206 | $108 |
Net Taxes % Increase | -2.9% | 2.1% | 6.1% | 0.6% | 13.4% | 6.1% |
DOWNTOWN SPECIAL TAX DISTRICT
NOTICE
PUBLIC HEARING
The City of Madison Mayor and Council do hereby announce that the millage rate for the City of Madison will be set at a meeting to be held at the City of Madison Public Safety Bldg. Meeting Hall, 160 N. Main Street, Suite 400, on August 4, 2023, at 8:30 AM and pursuant to the requirements of O.C.G.A. 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.
Digest = thousands
CURRENT 2023 TAX DIGEST AND 5 YEAR HISTORY OF LEVY
City of Madison Downtown Spec. Tax Dist. | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Real and Personal | 22,566 | 23,409 | 24,064 | 24,533 | 26,399 | 27,747 |
Motor Vehicles | - | - | - | - | - | - |
Mobile Homes | - | - | - | - | - | - |
Heavy Duty Equipment | - | - | - | - | - | - |
Gross Digest | 22,566 | 23,409 | 24,064 | 24,533 | 26,399 | 27,747 |
Less M&O Exemptions | 85 | 432 | 371 | 477 | 399 | 711 |
Net M&O | 22,481 | 22,977 | 23,693 | 24,056 | 26,000 | 27,036 |
Gross M&O Millage | 1.051 | 1.050 | 1,047 | 1.045 | 1.042 | 1.001 |
Less Rollbacks | - | - | - | - | - | - |
Net M&O Millage | 1.051 | 1.05 | 1.047 | 1.045 | 1.042 | 1.001 |
Net Taxes Levied | $23.63 | $24.13 | $24.81 | $25.15 | $27.10 | $27.06 |
CORRIDOR SPECIAL TAX DISTRICT
NOTICE
PUBLIC HEARING
The City of Madison Mayor and Council do hereby announce that the millage rate for the City of Madison will be set at a meeting to be held at the City of Madison Public Safety Bldg. Meeting Hall, 160 N. Main Street, Suite 400, on August 4, 2023, at 8:30 AM and pursuant to the requirements of O.C.G.A. 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.
Digest = thousands
CURRENT 2023 TAX DIGEST AND 5 YEAR HISTORY OF LEVY
City of Madison Corridor Spec. Tax Dist. | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Real and Personal | 38,184 | 39,412 | 40,655 | 42,613 | 45,448 | 48,734 |
Motor Vehicles | - | - | - | - | - | - |
Mobile Homes | - | - | - | - | - | - |
Heavy Duty Equipment | - | - | - | - | - | - |
Gross Digest | 38,184 | 39,412 | 40,655 | 42,613 | 45,448 | 48,374 |
Less M&O Exemptions | 1,074 | 1,105 | 1,161 | 1,163 | 1,034 | 427 |
Net M&O | 37,110 | 38,307 | 39,494 | 41,450 | 44,414 | 48,307 |
Gross M&O Millage | 1,238 | 1.239 | 1.202 | 1,158 | 1.145 | 1.122 |
Less Rollbacks | - | - | - | - | - | - |
Net M&O Millage | 1,238 | 1.239 | 1,202 | 1.158 | 1.145 | 1.122 |
Net Taxes Levied | $45.9 | $47.5 | $47.5 | $48.0 | $50.9 | $54.2 |