Au Tax Allocation District 2 Village at Riverwatch

The existence of a tax allocation district shall terminate when the local legislative body by resolution dissolves the district but no such resolution may be adopted until all redevelopment costs have been paid OCGA 364412

Tax Allocation Increment Base Value M

On or before December 30 2010 the Augusta Richmond County Commission will apply to the
Georgia State Revenue Commissioner for a determination of the tax allocation increment base of the proposed tax allocation district
The base assessed value is estimated as follows

Augusta Tax Allocation District 2 Parcel Information 2010

Total Number of Parcels Total Area
4

Approximately
40
of Taxable Parcels in the Augusta TAD 2

6 acres 130

Total Assessed Value

800 453 6
758 3 132 555
17 0

Total Assessed Value of Taxable Parcels in Value of TAD

as a

Augusta Richmond County

Tax

Percent of the

City of Augusta s Total

Digest

Total Property Taxes Collected to Serve as the Increment Base

Base Value with School Board

Participation 857 226

Base Value without School Board Participation

525 103

2010 MILLAGE RATES

M O with

M O wout
Board of Ed
056 8 985 7

Board of Ed

County Incorporated Augusta Urban City Service

Richmond Totals

056 8

985 7 110 19
151 35

County Bd Of Education

041 16

Creation of the tax allocation district will not affect any business improvement districts community improvement districts or enterprise zones that exist or are created within the boundaries of the redevelopment area Any additional millage levied as a result of a future business improvement district or community improvement district will not be included in the calculation of the tax allocation
increment

Bringing

Jobs to

Augusta Richmond County

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