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WE'LL MOVE INTO OUR PUBLIC HEARING THIS EVENING.
[Millage Rate Public Hearings on June 16, 2026.]
WE HAVE ONE PUBLIC HEARING FOR NON-ZONING MATTERS.I'LL READ THE RULES OF ORDER FOR PUBLIC HEARINGS.
THE MAYOR IS THE PRESIDING OFFICER. ALL REMARKS SHALL BE ADDRESSED TO THE CITY COUNCIL AS A BODY, NOT INDIVIDUAL MEMBERS. ANYONE WISHING TO SPEAK SHALL COME TO THE MICROPHONE.
NOT SPEAK A SECOND TIME UNTIL EVERYONE WISHING TO SPEAK HAS SPOKEN ONCE.
AND WITH THAT, I WILL OPEN IT UP FOR THE FINAL HEARING OF THE 2026 MILLAGE RATE.
SO AS YOU MENTIONED, THIS IS THE LAST OF OUR THREE MILLAGE RATE PUBLIC HEARINGS.
UNDER GEORGIA LAW, WE HAVE TO ADOPT OUR MILLAGE RATE BY JULY 1ST.
AND IF YOU ARE NOT ADOPTING THE ROLLBACK RATE, YOU DO HAVE TO HAVE THREE PUBLIC HEARINGS. AND SO JUST AS AN OVERVIEW, WE ARE PROPOSING A RATE OF 7.25 MILLS, WHICH IS THE FIRST MILLAGE RATE ADJUSTMENT IN OVER SEVEN YEARS.
AND WE ALSO HAVE THAT 100% HOMESTEAD EXEMPTION FOR SENIORS.
THE ROLLBACK RATE WOULD HAVE BEEN 5.872 MILLS.
AND THE ROLLBACK RATE IS THE THEORETICAL RATE IN WHICH YOU WOULD GENERATE THE SAME AMOUNT OF TAXES AS THE PREVIOUS YEAR BASED OFF OF THE CHANGE IN ASSESSMENTS. AS WE KNOW, AND AS WE'VE SEEN FROM, FROM OUR COLLECTION STANDPOINT, WE DON'T ACTUALLY GET THAT AMOUNT OF MONEY BASED OFF OF THAT RATE. SO THERE IS ABOUT A 15% LAG IN COLLECTIONS FOR VARIOUS REASONS FROM THE COUNTY.
AND WE HAVE, LIKE I MENTIONED, CONTINUED TO SEE SOME CHALLENGES WITH COLLECTIONS DUE TO APPEALS.
AND SO WE ARE PROPOSING THIS CHANGE IN RATE SO THAT WE CAN MAINTAIN OUR LEVEL OF OPERATIONS.
THE WAY THAT WE HAVE TO ADVERTISE IT WOULD BE APPROXIMATELY A $275.60 INCREASE FOR A HOME WITH A FAIR MARKET VALUE OF 525 THAT WOULD BE THE ANNUAL INCREASE IN TAXES BASED OFF OF THAT NEW RATE.
IF YOU ACCOUNT FOR THE HOMESTEAD EXEMPTION, WHICH IS $50,000 OF A BASE HOMESTEAD EXEMPTION, THE TRUE IMPACT IS $213.94, WHICH IS ROUGHLY $18 PER MONTH FOR THE AVERAGE TAXPAYER.
AND THAT'S IT. THANK YOU MA'AM. IS THERE ANYONE HERE IN THE AUDIENCE WISHING TO SPEAK TO
COUNCIL THIS EVENING IN REGARDS TO THE MILLAGE RATE? ANYBODY? ALL RIGHT. SEEING NONE, WE'LL MOVE ON.
* This transcript was compiled from uncorrected Closed Captioning.