The Gordon County Board of Education today announces its intention to increase the 2024 property taxes it will levy this year by 12.07 percent over the rollback millage rate.
The Gordon County Board of Education has proposed no change in the actual millage rate for 2024. The proposed millage rate will remain the same as 2023, at a rate of 16.364. However, state law requires this to be advertised as a tax increase since the state measures change not against the actual prior-year millage rate, but rather against the “rollback rate.” The rollback rate is calculated by subtracting any increase in the digest due to reassessment.
When the total digest of taxable property is prepared, Georgia law requires that 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 budget adopted by the Gordon County Board of Education requires a millage rate higher than the rollback millage rate; therefore, before the Gordon County Board of Education may 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 concerned citizens are invited to the public hearings on this tax increase to be held at the Gordon County Schools Central Office, 7300 Fairmount Highway, Calhoun, GA on August 26, 2024 at 7:30 a.m. and 12:00 p.m. and on September 9, 2024 at 6:00 p.m.
Read more on our official Press Release Page: https://www.gcbe.org/page/press-releases