Chattahoochee Hills officials intend on setting the city millage rate at 10 mills for the upcoming year.
It means a tentative increase of 1.81 mills for home and property owners.
The mayor and city council members agreed on the rate during a July 13 meeting.
However, they still need to hold three public hearings before voting it into law.
Georgia law requires city officials compute a rollback millage rate that will produce the same total revenue as the current year’s tax digest, that last year’s millage rate would have produced if no reassessments occurred.
The proposed tax increase for a home with a fair market value of $125,000 is approximately $63 and the proposed tax increase for a non-homesteaded property with a fair market value of $300,000 is approximately $217, officials said.
Chattahoochee Hills officials are required to hold three public hearings to allow residents to express their opinion on the rate increase.
Two hearings will take place Thursday at 6505 Rico Road, Chattahoochee Hills. The first meeting will start at 11 a.m. and the second hearing will begin at 5 p.m.
The final public meeting and vote will take place on August 7 at 6 p.m. at the same location.
Chattahoochee Hills city officials also announced they received reimbursement from the Federal Emergency Management Agency, FEMA, for damaged caused by Tropical Storm Irma.
The total amount received was $14,237.17, officials said.