What is a "millage rate" as it relates to property tax?  
A millage rate is the rate of tax per thousand dollars of taxable property (one mill is equal to 1/1000 of a dollar).  Property is assessed at 40% of appraised value.  For example, if the millage rate is 30 mills and the assessed value of a property is $40,000, the annual tax on that property is $1,200.       

How is the millage rate calculated for properties in Gwinnett County?   Properties are usually taxed according to various millage rates assessed by different government entities.  In Gwinnett County, millage rates normally include the state, county, county bond, detention center bond, schools, school bond, recreation and cities (where applicable).  For a detailed listing of millage rates in Gwinnett County, please visit the following Web site: https://ssl.gwinnetttaxcommissioner.com/property/information/MillageRate.aspx

(Note:  Gwinnett County offers homestead exemptions to eligible property owners, disabled persons and senior citizens. Special exemptions are based on age, disability and/or income. These exemptions must be filed by March 1 to receive credit on the current year's tax bill.)    

What is the current millage rate for Gwinnett County Public Schools?
The current millage rate for Gwinnett County Public Schools is 19.25 mills.  The millage rate for debt service on school bonds is 1.3 mills.  Therefore, the total school millage rate is 20.55 (19.25 + 1.3 = 20.55).  

What does Gwinnett County's school millage rate of 19.25 mills cover?  
It pays for every day operations of all Gwinnett County's schools.  

What does Gwinnett County's school bond millage rate of 1.3 mills cover?  
The school bond portion of the millage rate helps to pay off debt that is generated when new schools are built.    

How will the General Obligation Bond Referendum, if approved, affect the school bond millage rate?  
It will have no effect  (i.e., there will be no tax increase).  The debt service portion of the current millage rate (1.3 mills) is adequate to cover future debt service on the General Obligation bonds.