The Elbert County Board of Commissioners today announces its intention to consider increasing the property taxes it will levy this year by increasing the millage for both the unincorporated and the incorporated areas of the county.
The proposed unincorporated millage rate will be 11.976 which will be an increase of 4.25% over the rollback rate (11.488). The proposed incorporated increase will be 11.976 which will be a 4.36% increase over the rollback rate (11.476).
The purpose of this millage rate increase is to designate those funds specifically for ‘Economic Development’. The economic development funds will be kept separate from the general operating funds of the County.
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 Elbert County Board of Commissioners requires that a millage rate higher than the rollback millage rate be set. Georgia law requires three public hearings to be held to allow the public and 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 Elbert County Complex, 45 Forest Avenue, Elberton, GA at the following times:
August 30th, 2017 at Noon
August 30th, 2017 at 6 PM
September 6th, 2017 at Noon