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Home My Public Portal About20170627FirstReadingMillage.pdfTable of Contents 000_000_20170627Agenda....................................................................................................................................................................................... 1010_010_Copy of Rollback 2017 4 Tybee....................................................................................................................................................................................... 2 C_MO_Final....................................................................................................................................................................................... 2010_012_2017 Property Tax Increase Notice Meeting Dates....................................................................................................................................................................................... 4 Sheet1....................................................................................................................................................................................... 4010_013_FY2017 Tybee Island Property Digest Advertisement....................................................................................................................................................................................... 6 Sheet1....................................................................................................................................................................................... 6 AGENDA PUBLIC HEARING OF TYBEE ISLAND CITY COUNCIL JUNE 27, 2017 10:00AM Please silence all cell phones during Council Meetings I. Call to Order II. Public Hearing 1 First Reading of the Millage III. Adjournment *PLEASE NOTE: Citizens wishing to speak on items listed on the agenda, other than public hearings, should do so during the citizens to be heard section. Citizens wishing to place items on the council meeting agenda must submit an agenda request form to the City Clerk’s office by Thursday at 5:00PM prior to the next scheduled meeting. Agenda request forms are available outside the Clerk’s office at City Hall and at www.cityoftybee.org. THE VISION OF THE CITY OF TYBEE ISLAND “is to make Tybee Island the premier beach community in which to live, work, and play.” THE MISSION OF THE CITY OF TYBEE ISLAND “is to provide a safe, secure and sustainable environment by delivering superior services through responsible planning, preservation of our natural and historic resources, and partnership with our community to ensure economic opportunity, a vibrant quality of life, and a thriving future.” 20170627FirstReadingofMillage Page 1 of 6 20160626/jrl COUNTY TAXING JURISDICTION REASSESSMENT OF OTHER CHANGES EXISTING REAL PROP TO TAXABLE DIGEST 558,917,113 6,790,495 1,817,640 567,525,248 7,751,823 2,043,379 9,795,202 MOTOR VEHICLES 6,650,410 -1,713,950 4,936,460 MOBILE HOMES 80,924 4,116 85,040 TIMBER -100%0 0 0 HEAVY DUTY EQUIP 0 3,104 3,104 GROSS DIGEST 573,400,270 6,790,495 2,154,289 582,345,054 EXEMPTIONS 120,144,518 28,218 6,827,006 126,999,742 NET DIGEST 453,255,752 6,762,277 -4,672,717 455,345,312 FLPA Reimbursement Value - 0 - Adjusted NET DIGEST 453,255,752 6,762,277 -4,672,717 455,345,312 (PYD)(RVA)(NAG)(CYD) 4.044 4.044 ABBREVIATION AMOUNT FORMULA PYD 453,255,752 RVA 6,762,277 NAG -4,672,717 CYD 455,345,312 (PYD+RVA+NAG) PYM 4.044 Millage Equivalent of Reassessed Value Added ME 0.060 (RVA/CYD) * PYM RR 3.984 PYM - ME If the 2017 Proposed Millage Rate for this Taxing Jurisdiction exceeds the Rollback Millage Rate Rollback Millage Rate 3.984 computed above, this section will automatically calculate the amount of increase in property 2017 Millage Rate 4.044 taxes that is part of the notice required in O.C.G.A. Section 48-5-32.1(c) (2) Percentage Increase 1.51% COMPUTATION OF PERCENTAGE INCREASE IN PROPERTY TAXES 2017 Net Digest 2016 Millage Rate Rollback Millage Rate for 2017 Other Net Changes to Taxable Digest REAL PERSONAL 2017 PROPOSED MILLAGE RATE >>> THIS SECTION WILL CALCULATE AUTOMATICALLY UPON ENTRY OF INFORMATION ABOVE DESCRIPTION 2016 Net Digest Net Value Added-Reassessment of Existing Real Property 2016 MILLAGE RATE >>> DESCRIPTION 2016 DIGEST 2017 DIGEST COMPUTATION OF MILLAGE RATE ROLLBACK AND PERCENTAGE INCREASE IN PROPERTY TAXES FOR YEAR 2017 Chatham Tybee INFORMATION FOR THE SHADED PORTIONS OF THIS SECTION MUST BE ENTERED This information will be the actual values and millage rates certified to the Department of Revenue for the applicable tax years. 20170627FirstReadingofMillage Page 2 of 6 20160626/jrl I hereby certify that the amount indicated above is an accurate accounting of the total net assessed value added by the reassessment of existing real property for the tax year for which this rollback millage rate is being computed. ___________________________________ _______________ Chairman, Board of Tax Assessors Date I hereby certify that the values shown above are an accurate representation of the digest values and exemption amounts for the applicable tax years. ___________________________________ _______________ Tax Collector or Tax Commissioner Date I hereby certify that the above is a true and correct computation of the rollback millage rate in accordance with O.C.G.A. Section 48-5-32.1 for the taxing jurisdiction for tax year 2017 and that the final millage rate set by the authority of this taxing jurisdiction for tax year 2017 is ___________ ____ If the final millage rate set by the authority of the taxing jurisdiction for tax year 2017 exceeds the rollback rate, I further certify that the required advertisements, notices, and public hearings have been conducted in accordance with O.C.G.A. Sections 48-5-32 and 48-5-32.1 as evidenced by the attached copies of the published five year history and current digest advertisement, the "Notice of Intent to Increase Taxes" showing the times and places when and where the required public hearings were held, and a copy of the press release provided to the local media. ____ If the final millage rate set by the authority of the taxing jurisdiction for tax year 2017 does not exceed the rollback rate, I further certify that the required five year history and current digest advertisement has been published in accordance with O.C.G.A. Section 48-5-32 as evidenced by the attached copy of such advertised report. Signature of Responsible Party Title Date CERTIFICATIONS ________________________________ _______________________ _____________ CHECK THE APPROPRIATE PARAGRAPH BELOW THAT APPLIES TO THIS TAXING JURISDICTION 20170627FirstReadingofMillage Page 3 of 6 20160626/jrl June 28, 2017 at 10:00 am This tentative increase will result in a millage rate of 4.044 mills, an increase of .0600 mills. Without the tentative tax increase, the millage rate will be no more than 3.984 mills. The proposed tax increase for a home with a fair market value of $100,000 is approximately $6.00 and the proposed tax increase for non-homestead property with fair market value of $250,000 is approximately $15.00. NOTICE OF PROPERTY TAX INCREASE City of Tybee Island in Chatham County, Georgia The City of Tybee Island has tentatively adopted a millage rate which will require an increase in property taxes by 1.51 percent over the rollback rate. Pursuant to requirements of the O.C.G.A. 48-5-32 does hereby publish the following presentation of the current year's digest and levy along with the history of the tax digest for the past five years. All concerned citizens are invited to the public hearings on this tax increase to be held at the Tybee June 27, 2017 at 10:00 am June 27, 2017 at 6:00 pm 20170627FirstReadingofMillage Page 4 of 6 20160626/jrl 2013 2014 2015 2016 2017 Real and Pesonal 530,538,836 529,079,404 548,184,127 566,668,936 577,290,450 Motor Vehicles 13,560,860 11,614,100 8,624,410 6,650,410 4,936,460 Mobile Homes 95,600 86,480 85,884 80,924 85,040 Timber - - - - - Heavy duty equipment - - - - 3,104 Gross Digest 544,195,296 540,779,984 556,894,421 573,400,270 582,315,054 Less: M&O Exemptions (117,977,547) (117,303,855) (115,704,819) (120,144,518) (126,999,742) Net M&O Digest 426,217,749 423,476,129 441,189,602 453,255,752 455,315,312 Gross M&O Millage 6.704 6.685 6.571 6.394 6.399 Less: Rollbacks 2.546 2.527 2.5270 2.3500 2.3550 Net M&O Millage 4.158 4.158 4.044 4.044 4.044 Net Taxes Levied 1,772,213 1,760,814 1,784,171 1,833,148 1,841,295 Net Taxes $ Increase 15,704 (11,400) 23,357 48,977 8,148 Net Taxes % Increase/(Decrease)0.70%-0.64%1.33%2.75%0.44% Gross M&O Revenue 2,857,363 2,830,937 2,899,056 2,898,298 2,913,563 Less Rollbacks 1,085,149 1,070,123 1,114,885 1,065,150 1,072,268 Net Taxes Levied 1,772,213 1,760,814 1,784,171 1,833,148 1,841,295 NOTICE City of Tybee Island in Chatham County, Georgia The City of Tybee Island City Council does hereby announce that the millage rate will be set at a meeting to be held located at the Tybee Island Public Safety Adminstration Building, 75 Van Horne Street, Tybee Island, GA on June 28, 2017 at 10:00 a.m. pursuant to the requirements of the O.C.G.A. 48-5-32 and does 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. The 2017 millage is being rolled back to account for LOST in addition to the roll back attributable to appreciation of the property values. CURRENT YEAR 2017 TAX DIGEST AND FIVE YEAR HISTORY OF LEVY 20170627FirstReadingofMillage Page 6 of 6 20160626/jrl