The Tucker Summit Community Improvement District’s board of directors recently voted to reduce its annual millage rate from 5 mils to 4 mils. TSCID is a self-taxing district of business owners that uses this added tax revenue to accelerate infrastructure improvements and promote economic development. This historic decrease comes as part of the board's ongoing efforts to attract new businesses and elevate the district’s property values. 

"We understand the financial pressures faced by our business owners," said Emory Morsberger, TSCID President. "Our decision to reduce the millage rate is a testament to our commitment to affordability, transparency and equitable taxation." 

The CID millage rate is placed on the regular tax bills sent by the DeKalb County Tax Commissioner, which transmits the collected taxes to the CID Board to use on initiatives to improve the district’s accessibility, mobility, security and appearance for its CID members and businesses. This millage rate reduction, which will take effect in the upcoming fiscal year, reflects the Board's dedication to fiscal responsibility while maintaining the quality of public services. By lowering the millage rate, the board aims to provide relief to business owners who have been impacted by economic challenges and rising inflation while also offering them potential savings on property taxes. This move aligns with the Board's vision of creating an environment where enterprises can thrive, fostering economic growth and stability within the district.