Coweta County
residents have two opportunities next week to make their feelings known
about the school board's proposed tax hike.
Last week,
the Coweta County School Board announced it would increase the property
taxes it will levy this year by 5.67 percent over the rollback millage
rate.
Currently,
the millage rate is 17.94 for maintenance and operation, with a proposed
increase of .67 mills, for a total millage rate of 18.61.
The millage
rate increase comes on the heels of the system borrowing $5 million from
its reserves for this years budget, said public information officer Dean
Jackson.
Jackson said
each year, the Board of 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 redetermine the value
of such property and increase the assessment. This is called a reassessment.
When the total
digest of taxable property is prepared, Georgia law requires that a rollback
millage rate must be computed that will produce the same total revenue
on the current year's new digest that last year's millage rate would have
produced had no reassessments occurred.
The budget
tentatively adopted by the Coweta County School System requires a millage
rate higher than the rollback millage rate. Therefore, before the Coweta
County School System may finalize the tentative budget and set a final
millage rate, Georgia law requires that three public hearings be held
to allow the public an opportunity to express their opinions on their
increase.
All concerned
citizens are invited to the public hearings on this tax increase to be
held at the following locations at the indicated times: Sept. 22 at 8
a.m. and 6 p.m. and Sept. 29 at 6 p.m. at the Coweta County School System
Boardroom, 237 Jackson Street in Newnan.







Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…