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23 November 2015

Fulton County Budget Writers Say Annexations Cost South Fulton $1 Million in Tax Revenue

At the 18 November 2015 Fulton County Commission meeting, budget writers recently revealed the financial impact of annexations in unincorporated south Fulton County.

For fiscal year 2016, the south Fulton special services district (SSD) is expected to collect $1 million less.

The south Fulton SSD is a special tax district that pays for municipal services such as police, fire, planning, zoning, and parks in unincorporated south Fulton County.

In fiscal year 2015, the south Fulton SSD had projected revenues of $48.5 million. Staff in the Fulton County Finance Department project the south Fulton SSD will have revenues of $47.5 million. The SSD is projected to have expenditures totaling $52.2 million for the upcoming fiscal year, leaving a deficit of approximately $4.7 million.

Budget writers are not proposing a property tax increase for south Fulton at this time.

Since the start of 2015, Fulton County received ten petitions for annexations from five different cities, accounting for nearly 9.6% of the land in unincorporated south Fulton. That amount adds up to 2,480 people and 6,275 acres.