§ 146-26. Levy.

(a)

Purposes. For the purposes of raising revenues for the support and maintenance of the city government, for the purpose of raising revenue for the payment of principal and interest on the bonded indebtedness of the city, for the purpose of providing improvements for the public parks and for the purpose of raising revenue for the support and maintenance of education, the taxes set forth in this article are levied and assessed, such levies and assessments to continue each year until amended or repealed.

(b)

General levy . An ad valorem tax at the rate of 13.61 mills less an amount equal to 4.77 mills for the rollback of 2017 sales tax revenue, less an amount equal to 0.99 mills for millage equivalent rate rollback to yield a net ad valorem tax at the rate of 7.85 mills on every $1,000.00 or any part thereof of the value of all real and personal property which under the laws of this state is subject to taxation within the corporate limits of the city for this purpose, is hereby levied.

(c)

Bonded indebtedness . An ad valorem tax at the rate of 1.88 mills on every $1,000.00 or any part thereof of the value of all real and personal property, which, under the laws of this state is subject to taxation within the corporate limits of the city for the purpose of raising revenue for the payment of principal and interest on bonded indebtedness for the City of Atlanta, is here by levied. An ad valorem tax at the rate of 0.00 mills on every $1,000.00 or part thereof of the value of all real and personal property, which, under the laws of this state is subject to taxation within the corporate limits of the city for the purpose of raising revenue for the payment of principal and interest on bonded indebtedness for the Atlanta Board of Education, is hereby levied.

(d)

Parks . An ad valorem tax at the rate of 0.50 mills on every $1,000.00 or any part thereof of the value of all real and personal property which under the laws of this state, is subject to taxation within the corporate limits of the city for the purpose of raising revenue for the improvement of the public parks of the city, is hereby levied.

(e)

Education levy . An ad valorem tax at the rate of 20.740 mills on every $1,000.00 or any part thereof of the value of all real and personal property which under the laws of this state is subject to taxation within the corporate limits of the city for this purpose, is hereby levied.

(f)

Special tax district . An ad valorem tax at the rate of 1.168 mills on every $1,000.00 or any part thereof of all real and personal property within that portion of the City of Atlanta lying in DeKalb County, which under the laws of this state is subject to taxation within the corporate limits of the City of Atlanta in DeKalb County, is hereby amended to read as follows hereby levied.

(g)

Components listed on bills. The tax commissioner of Fulton County, by copy of this section, is requested to specifically list all components of the bonded indebtedness levy of the city, and the board of education and the general levy of the city, as set forth in subsections (b), (c) and (e) of this section, on tax bills to be rendered to citizens of the city.

(Code 1977, § 7-4041; Ord. No. 1995-04, § 1, 2-27-95; Ord. No. 1996-09, § 1, 3-3-96; Ord. No. 1996-33, § 1, 6-5-96; Ord. No. 1997-11, § 1, 2-20-97; Ord. No. 1997-28, §§ 1, 2, 5-27-97; Ord. No. 1997-38, § 1, 6-18-97; Ord. No. 1998-40, § 2, 6-9-98; Ord. No. 1999-54, §§ 1, 2, 6-22-99; Ord. No. 2001-40, § 1, 6-8-01; Ord. No. 2001-49, § 1, 7-10-01; Ord. No. 2002-13, § 1, 3-5-02; Ord. No. 2002-51, § 1, 6-20-02; Ord. No. 2003-79, § 1, 6-24-03; Ord. No. 2004-37, § 1, 6-30-04; Ord. No. 2005-36, § 1, 6-23-05; Ord. No. 2006-52, § 1, 7-24-06; Ord. No. 2007-34(07-O-0871), § 1, 6-12-07; Ord. No. 2008-54(08-O-1153), § 1, 6-27-08; Ord. No. 2010-30(10-O-0880), § 1, 6-30-10; Ord. No. 2010-55(10-O-1695), § 1, 10-12-10; Ord. No. 2011-28(11-O-0747), § 1, 7-9-11; Ord. No. 2011-41(11-O-1267), § 1, 9-28-11; Ord. No. 2012-32(12-O-0401), § 1, 6-27-12; Ord. No. 2012-33(12-O-0662), § 1, 7-11-12; Ord. No. 2013-29(12-O-1018), § 1, 6-26-13; Ord. No. 2013-37(13-O-1191), § 1, 8-28-13 ; Ord. No. 2014-25(14-O-1173), § 1, 6-25-14 ; Ord. No. 2014-39(14-O-1390), § 1, 9-11-14 ; Ord. No. 2015-33(15-O-1135), § 1, 6-24-15 ; Ord. No. 2015-39(15-O-1300), § 1, 7-22-15 ; Ord. No. 2016-20(16-O-1148) , § 1, 6-29-2016; Ord. No. 2016-27(16-O-1356) , § 1, 9-15-16; Ord. No. 2017-53(17-O-1172), § 1, 9-18-17 ; Ord. No. 2017-60, § 1, 10-16-17 ; Ord. No. 2018-22(18-O-1203), § 1, 6-27-18 ; Ord. No. 2018-31(18-O-8-1396), § 1, 8-15-18 ; Ord. No. 2018-37(18-O-1482), § 1, 8-29-18 )