The Chattooga County Board of Education is proposing to roll back the millage rate used to calculate property taxes from 12.00 to 10.898. However, due to growth in the digest numbers provided to levying authorities, the Board is required to advertise a property tax increase.

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 indicate 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 must be computed that will produce the same total revenue on the current year’s digest that last year’s millage rate would have produced had no reassessments occurred.

The budget tentatively adopted by the Chattooga County Board of Education requires a millage rate higher than the rollback millage rate; therefore, before the Chattooga County Board of Education may finalize the tentative budget and set a 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.

PRESS RELEASE ANNOUNCING A PROPOSED PROPERTY TAX INCREASE:

The Chattooga County Board of Education today announces its intentions to increase the 2023 property taxes it will levy this year by 15.52 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 indicate 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 be computed that will produce the same total revenue on the current year’s digest that last year’s millage rate would have produced had no reassessment occurred.

 

The budget tentatively adopted by the Chattooga County Board of Education requires a millage rate higher than the rollback millage rate; therefore, before the Chattooga County Board of Education may finalize the tentative budget and set a 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 at the Chattooga County Education Center, located at 206 Penn Street Summerville GA on November 9, 2023 at 6:00 pm, November 16, 2023 at 8:00 am and November 16, 2023 at 5:30 pm.