The meeting was the third and final required hearing.
Chief Financial Officer Michael Bell used the example of a house appraised at $200,000 last year and remained at $200,000 this year. The homeowner will not pay more in taxes, however, if the value went from $200,000 to $225,000, the homeowner will pay more by virtue of growth and the fair market value of house.
“State calculations indicate the rollback rate would be 22.509 mills, which is a reduction of 1.47 mills from the current rate and the legal requirement is that we make a statement that this is about a 6.54 percent increase in taxes because we’re not rolling back,” he said.
In 2009 when the property tax rate was at 22.98 mills, the county levied about $486 million. Due to the economic downturn, in 2013 the amount levied had dropped to about $384 million at 23.98 mills, a one-point higher rate.
“We have a long way to go relative to funding a complete school year, but this a good step moving forward and the projection is that the digest growth would bring in additional revenue to the district,” Bell said.
The board voted unanimously to approve the suggested rate.
Also during the meeting, the board heard Publix Supermarkets are gearing up to help bring school supplies to underprivileged children by the start of the next school year.
Brenda Reid, community affairs manager for the grocer, presented board members with the company’s Tools for Back to School campaign.
“This year, Publix is kicking off the campaign July 24 through Aug. 13 and our goal is to distribute school supplies to schools and nonprofits so that thousands of teachers and many more children in DeKalb County will benefit from the program,” she said.
The community is invited to donate notebook paper, pencils, pens, folders and other school supplies to bins found inside the stores or ask for a donation ticket at a register. Reid said the campaign is estimated to help bring supplies to about 51,000 county students.
Schools eligible to receive the materials are those that have at least 80 percent of the student population participating in the free or reduced lunch program.
For more information, visit www.dekalb.k12.ga.us or www.publix.com.