The good news
is that your property tax rates are not going up.
The bad news
is that your taxes are, if county commissioners approve proposed rates.
Commissioners
Thursday will have the final required public hearing and are expected
to act on proposed property tax rates for 2001.
The rates will
remain virtually the same for this year as they were last year, but because
of reassessments of property values, the county is expecting a 6.1 percent
hike in revenues, so public hearings are required.
The only way
to avoid an increase in the taxes on most Fayette homes would be to roll
back the tax rates to compensate for the increased value of the homes.
The rate for
unincorporated Fayette County will be 10.418 mills. A mill is one dollar
per thousand dollars of a home's assessed value. Assessed value is 40
percent of market value minus any exemptions.
Tax rates in
Fayetteville and Peachtree City will be 7.585, and for Brooks, Tyrone
and Woolsey 11.363. The unincorporated county rate and those in Brooks,
Tyrone and Woolsey include a 3.75-mill tax for fire protection.
Public comment
and questions will be invited. Commissioners meet at 7 p.m. at the County
Administrative Complex.







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