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BOC to hold millage rate steady despite $31M shortfall

LAWRENCEVILLE -- The Gwinnett County Board of Commissioners plans to adopt a 13.25 millage rate for 2010, the same rate as the amended property tax levy for 2009.

Although the rate will stay the same, the county faces a $31 million shortfall in the budget that was set in January. Aaron Bovos, the county's chief financial officer, said Gwinnett has experienced a $3.2 billion decrease in the gross value of the tax digest because of declining residential and commercial property values.

It has not been decided exactly how the budget will be reconciled to make up for the shortfall, Bovos said.

For more information, check back at www.gwinnettdailypost.com or see Saturday's print edition.