404-349-2211 info@aacids.com

REPORT OF AIRPORT WEST COMMUNITY IMPROVEMENT

DISTRICT OF PROPOSED MILLAGE RATE

In compliance with O.C.G.A. §48-5-32, the Airport West Community Improvement District (“CID”) reports that at its meeting on August 12, 2021, beginning at 12:00 noon at 3800 Camp Creek Pkwy SW, Building 1400, Suite 132, Atlanta, GA 30331, the CID Board of Directors will vote upon a proposal to levy an ad valorem taxation rate of 5 mills, and will set its millage rate for the lawful purposes of the CID for the current calendar year.  Set forth below are the assessed taxable values of the properties subject to taxes for the current year and the immediately preceding five years, the total dollar amount of CID ad valorem taxes proposed to be levied for the current year and levied the immediately preceding five years, as well as the percentage and dollar change with respect to the immediately preceding year.  All property levied upon is real property.   The millage rate each year has been 5 mills.

Assessed Value Taxes Levied % Change $ Change
2016  $430,333,410  $2,151,667 23%  $400,727
2017  $518,480,054 $2,592,400 20%  $440,733
2018 $485,078,790  $2,425,394 -6% -$167,006
2019 $513,708,830 $2,568,544 6%  $143,150
2020 $532,230,434  $2,661,152      4%    $92,608
2021 proposed $557,787,724   $2,788,939 5%  $127,787

Lynn Rainey, Rainey & Vaughan, LLC – State Bar No. 592350 – CID General Counsel

358 Roswell Street, Suite 1130, Marietta, Georgia 30060; (770) 421-6040