The Board of Commissioners will hold state-required public meetings in August for its tentatively adopted millage rate. For unincorporated areas, the rate will stay the same as last year, 6.686. However, the rate is considered a tax increase due to higher assessed property values.
The property digest reflects an increase of $135.9 million in assessed values from last year. The countywide tax digest totals $2.1456 billion.
The uptick in assessed property values translates to a tax increase of about 6.46 percent for unincorporated areas.
Incorporated areas will see a 7.93 percent increase with a tentative millage rate of 7.626.
A family with a home that has a $350,000 fair market value will see an additional $56.03 on their tax bill. The tax increase for incorporated areas of the county will add $77.28 to a family’s bill for a home at the aforementioned value.
Residents of Watkinsville will also an additional 8.74 percent in their city tax bill due to the council choosing not to adopt a “rollback rate” that would have prevented a tax increase.
The Board of Education, however, has lowered its millage rate from 17 to 16.5 mills, thus avoiding a tax increase for public school spending.
Before the Board of Commissioners adopt the millage rate Aug. 27 at 6 p.m., it will hold three pubic hearings at the following dates and times at the Oconee County Courthouse:
Aug. 6 at 6 p.m.
Aug. 27 at 11 a.m.
Aug. 27 at 5:30 p.m.
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