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  • Americus Times-Recorder

    Revised press release announcing a proposed property tax increase

    By Joshua Windus,

    2024-07-25

    The Sumter County Board of Commissioners today announces its intentions to increase the 2024 property taxes it will levy this year by 8.23 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. When the trend of prices on properties that have recently sold in the county indicate there has been an increase in the fair market value of any specific property, the board of tax assessors is required by law to re-determine the value of such property and adjust the assessment. This is called a reassessment.

    When the total digest of taxable property is prepared, Georgia law requires a rollback millage rate 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 reassessment occurred.

    The budget adopted by the Sumter County Board of Commissioners requires a millage rate higher than the rollback millage rate; therefore, before the Sumter County Board of Commissions sets 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 Sumter County Courthouse Board of Commissioner’s Board Room located at 500 W. Lamar St. Americus, GA 31709 on:

    August 8, 2024, at 9:00AM
    August 8, 2024, at 6:00PM
    August 20, 2024, at 5:30PM

    The post Revised press release announcing a proposed property tax increase appeared first on Americus Times-Recorder .

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