The City Schools of Decatur Board of Education today announces its intention to increase the 2022 property taxes it will levy this year by 6.28 percent over the rollback millage rate.
Each year, the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the county. When the trend of prices on properties that have recently sold in the county indicates there has been an increase in the fair market value of any specific property, the board of tax assessors is required by law to re-determine the value of such property and adjust the assessment. This is called a reassessment.
When the total digest of taxable property is prepared, Georgia law requires a rollback millage rate is computed to produce the same total revenue in the current year’s digest that last year’s millage rate would have produced had no assessments occurred.
The budget adopted by the City Schools of Decatur Board of Education requires a millage rate higher than the rollback millage rate; therefore, before the City Schools of Decatur Board of Education sets the final millage rate, Georgia law requires three public hearings to be held to allow the public an opportunity to express their opinions on the increase.
All concerned citizens are invited to the public hearings on this tax increase to be held virtually by logging onto https://csdecatur.zoom.us/j/94904933877 On June 9, 2022, at 10:00 am and onto https://csdecatur.zoom.us/j/92920508746 at 6:00 pm.
An additional meeting will be held on June 16, 2022, at 6:15 pm by logging on virtually at https://csdecatur.zoom.us/j/92173628191
For more information, contact Lonita Broome, Chief Financial Officer at email@example.com or 678-628-5178.