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School board to host public hearings for property tax increase
by Staff Reports
June 10, 2014 12:57 PM | 2331 views | 0 0 comments | 6 6 recommendations | email to a friend | print
The Atlanta Board of Education Tuesday announced it will hold three public hearings to discuss the adoption of a millage rate that will require an increase in property taxes by 2.61 percent.

Meetings will be held Thursday at 11:30 a.m. and 5 p.m., and a third meeting will take place June 19 at 6 p.m. All meetings will be at the Center for Learning and Leadership, 130 Trinity Ave., downtown Atlanta. Board action may be taken during a special legislative meeting taking place Thursday at 7 p.m.

The tentative increase will result in a millage rate of 21.64 mills, an increase of .55 mills.

Without this tentative tax hike, the millage rate will be no more than 21.09 mills. The proposed tax increase for a home with a fair market value of $100,000 is about $6 and the proposed tax increase for non-homestead property with a fair market value of $300,000, is about $66.

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