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Flowery Branch tax hike public hearings set for Thursday

Public hearings on a proposed property tax increase in Flowery Branch are set for Thursday.

Residents can speak out at meetings taking place 9 a.m. and 6 p.m. at Flowery Branch City Hall, 5517 Main St.

A third hearing is set for 6 p.m. June 8 at City Hall.

The city is proposing to set the rate at 3.264 mills, which is the same as the current rate.

However, because of rising property values, the city stands to gain more tax revenues. To keep revenues the same, the rate would have to be 3.012 mills.

One mill is equal to $1 for each $1,000 in assessed property value. The proposed tax increase for a home with a fair market value of $175,000 is $17.64, city officials have said.

The proposed fiscal 2017-18 budget also will be made public on Thursday, with a public hearing on the document set for June 8.

The budget, which will become effective July 1, will be considered for adoption by the City Council on June 15.

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