DECATUR, Ga. –The DeKalb County Governing Authority today announces its intention to increase 2018 property taxes this year by 24.42 percent over the rollback millage rate.
DeKalb County has seven separate tax levies. Two of those levies (the General and Hospital Funds) are used in the required calculation for the rollback rate. The other tax levies (police, fire, designated, and two bond funds) when combined with the general and hospital levies produce the same benchmark millage rate of 20.810 mills from last year. The combined millage rate for the General and Hospital Funds will exceed the roll back millage rate. However, the method used to calculate the rollback rate does not take into account offsets in those rates or factor in the credit given by the equalized homestead option sales tax beginning this year.
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 2018 budget adopted by the DeKalb County Governing Authority requires a millage rate higher than the rollback millage rate, therefore, before the DeKalb County Governing Authority may finalize the tentative mid-year 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 citizens are invited to the public hearings on this tax increase to be held at the
Manual J. Maloof Auditorium, 1300 Commerce Dr., Decatur, GA 30030 on June 26, at 10 a.m. and 6 p.m. and on July 10, at 10 a.m.
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1300 Commerce Drive Decatur, GA 30030
