The Coweta County Commission will be holding public hearings on Aug. 16 on a potential property tax increase that would lead to higher average tax bills ranging from $9 to nearly $22.
The commission has tentatively adopted a millage rate that would increase property taxes by 5.1 percent in the incorporated areas and 2.5 percent in the unincorporated areas.
The millage rate for the incorporated areas remained the same at 7.47 mills while the rate for the unincorporated areas would decrease from 6.33 mills to 6.27 mills. The rate is still essentially a tax increase since the value of properties across the county increased in the past year.
The tentative increase will result in a millage rate of 7.47 mills in incorporated Coweta County, an increase of .36 mills. Without this tentative tax increase, the millage rate would be no more than 7.11 mills. The proposed tax increase for a home with a fair market value of $175,000 is approximately $21.60 and the proposed tax increase for non-homestead property with a fair market value of $150,000 is approximately $21.60.
The tentative increase will result in a millage rate of 6.27 mills in unincorporated Coweta County, an increase of .15 mills. Without this tentative tax increase, the millage rate would be no more than 6.12 mills. The proposed tax increase for a home with a fair market value of $175,000 is approximately $9 and the proposed tax increase for non-homestead property with a fair market value of $150,000 is approximately $9.
The public hearings will be held on Aug. 16 at 7:30 a.m. and again at 6 p.m. in the commission chambers located at 37 Perry Street in Newnan.
