The Seminole County Board of Commissioners has announced its intention to increase the property taxes it will levy this year by 6.71 percent over the rollback millage rate.
Each year, the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the county to re-determine the value of such property and adjust the assessment. This is called a reassessment. Additional decreases in property values have occurred as a result of the extensive damage caused by Hurricane Michael.
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 Seminole County Board of Commissioners requires a millage rate higher than the rollback millage rate; therefore, before the Seminole County Board of Commissioners may finalize their tentative budget and 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, which will be held at the Seminole County Courthouse, Superior Courtroom, 200 South Knox Avenue, Donalsonville on October 10 at 10 a.m. and 6:00 p.m., and October 21 at 6:00 p.m. In the event the courtroom is unavailable, a notice will be posted on the front door and handicap entrance of the courthouse indicating the new location of the public hearings.
The Seminole County Public Library has tentatively adopted a millage rate which will be .074 over the rollback rate. Public meetings to discuss this request will be held in the
library’s Martin Room at 11 a.m. and 7 p.m. on October 10 and at 3 p.m. on October 21.