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Atlanta proposes slight cut to FY2026 property millage, adds 2‑mill levy for Atlanta Stitch

3549773 · May 28, 2025
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Summary

City revenue staff presented a proposed FY2026 total millage of 11.37 mills, down from 11.40 mills, reallocating bond levy savings to the operating levy and proposing a new 2‑mill special service district for the Atlanta Stitch project; no members of the public spoke at the noon hearing.

Atlanta officials presented a proposed FY2026 property millage rate of 11.37 mills at a noon public hearing Tuesday, a modest decrease from the current 11.40 mills, city revenue staff said.

Lawrence Davis Jr., revenue chief for the Office of Revenue, told the hearing the change “does represent a modest net decrease from the current total millage rate of 11.40 mills to 11.37 mills for FY26,” and that the city plans to reallocate bond levy savings to the operating levy to provide tax relief and support operations while maintaining its credit rating.

The proposal would reallocate savings from the general obligation (bond) levy to the operating levy, keep the park levy at 1 mill, keep the special service district levy for the Atlanta BeltLine Corridor at 2 mills, and introduce a new 2‑mill special service district levy to support the Atlanta Stitch project, Davis said. City staff characterized the overall change as a small net reduction in the total mill rate.

The hearing was opened at 12:01 p.m. by the presiding official, who said the session was being held “pursuant to state law” to receive public comment on the proposed millage. No members of the public signed up to speak at the noon session; the presiding official closed that hearing and said a final public hearing on the mill rate is scheduled for 6 p.m. the same day.

No formal vote or ordinance was taken at the noon hearing. City staff presented the proposal and scheduled the final hearing; any adoption of millage rates would occur through the city’s formal budget and tax-setting process at a later public action.