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Eatonton adopts $6.2M budget for FY19

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Eatonton adopts $6.2M budget for FY19

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After a recent tentative adoption of a millage rate that will require an increase in property taxes, the city of Eatonton adopted a $6,176,913 budget on Aug. 20, a 1.5 percent increase from last year.

The decision was unanimous with Council Member Chuck Haley not in attendance.

The 2019 budget includes $4,549,990 in the general fund, $20,050 in the confiscation fund, $16,000 in hotel/motel tax funds and $1,590,913 in natural gas fund revenues and expenditures.

At noon that same day, and again at 6:45 p.m. just before adopting the budget at the 7 p.m. regular meeting, city officials held its first public hearing on the tentatively adopted millage rate, which will require an increase in property taxes by 5.7 percent, according to the notice published in The Eatonton Messenger.

If adopted, the increase will result in a millage rate of 9.9994 mills, an increase of .539 mills. Without the tax increase, the millage rate will be no more than 9.455 mills.

The proposed tax increase for a home with a fair market value of $200,000 is approximately $37.73.

Eatonton officials will hold a final public hearing on Sept. 4, where they plan to adopt the new millage rate.