Update: On Wednesday, August 30, the Monroe County Board of Education approved the millage rate increase with a 4-3 vote. The millage rate was set at 16.212 mills.
The Monroe County Board of Education has tentatively adopted a millage rate which will require an increase in property taxes by 8.32 percent.
All concerned citizens are invited to the public hearings on this tax increase to be held at the Monroe County Board of Education, 25 Brooklyn Avenue, Forsyth, on Wednesday, August 23, 2023 at 12 noon. Times and places of additional public hearings on this tax increase will be held at the Board of Education offices on Wednesday, August 23, 2023, at 6 p.m., and on Wednesday, August 30, 2023, at 5:30 p.m.
This tentative increase will result in a millage rate of 16.212 mills, an increase of 1.24 mills above the roll-back rate. Without this tentative tax increase, the millage rate will be no more than 14.967 mills.
The proposed tax increase for a home with a fair market value of $ 200,000 (the average homestead value in Monroe County) is approximately $ 99.60 and the proposed tax increase for nonhomestead property with a fair market value of $ 125,000 (the average nonhomestead value in Monroe County) is approximately $ 62.25.
The proposed increase in the millage rate will produce revenue to offset a deficit caused by the devaluation of Plant Scherer over the past two years. The shutdown of units at Plant Scherer has caused the School System to lose $3.3 million in local tax revenue, with another $1.8 million loss expected later this year. Governor Kemp’s Property Tax Relief Grant will provide many taxpayers a credit on their 2023 tax bills.