The Peachtree City Council will hold the last of three public hearings on the millage rate on Thursday, Aug. 27, 6:30 p.m. The millage rate and FY 2010 budget will be adopted following the public hearing.

Staff has proposed increasing the millage rate by 0.237 mills to avoid using any cash reserves for the FY 2010 budget. Based on the proposed millage rate for the City and the other agencies in Fayette County, 16.5% of a Peachtree City resident’s property taxes would come to the City of Peachtree City, with 67.2% going to the Fayette County Board of Education,15.5% going to Fayette County, and 0.7% going to the State of Georgia.