The vote was cast without discussion. All BOC members were present for the vote except District 5 Commissioner Kevin Jackson.
Commission Chairman Bill Chappell said last week that the rate is being kept low, despite a decreasing tax digest in recent years due to property devaluations caused by the recession and increased number of foreclosure sales. This year’s county tax digest is expected to shrink about 2.5 percent from last year.
Chappell noted the Board of Education levy this year is 19.5 mills, down from 19.6 mills last year.
“We levy the tax for them, but we have no say over their millage,” he said. “We collect it and turn it over to them.
“Revenues from property taxes are going down, but revenues from other sources, such as local option sales tax, are increasing,” Chappell said last week. “It’s not a vast increase, but it’s enough to make up the difference, so we can go into this fiscal year with a balanced budget.”
Residents living in the incorporated areas of Bowdon, Bremen, Mt. Zion, Roopville, Temple, Villa Rica and Whitesburg will pay an additional 8.5 mills of tax.
The city tax for Carrollton residents is 7.23 mills. This difference in the Carrollton rate, compared with other cities, is due to a service delivery agreement contract adopted in September 1999 to give credit for fire protection given by the city of Carrollton to unincorporated county areas.
The tax digest and millage rates are due Aug. 1 at the state Department of Revenue office, so that property tax bills can be mailed in September, with a due date of Dec. 1.
Property tax is calculated by taking 40 percent of the market value of a home, subtracting out any exemptions, such as homestead exemptions, then multiplying the final figure by the tax millage rate. Carroll County’s millage rate is 28.3, which includes amounts for the state and county, plus the local school system. (One mill is equal to $1 for each $1,000 of assessed value or .001.) Any city property millage rates are added to the above figure.
The county has a number of homestead exemptions, including those approved by voters on Nov. 3, 1992. They include a $4,000 homestead exemption for property owners’ primary residence and an $8,000 homestead exemption for people 65 years of age and older.
An additional homestead exemption was approved on Nov. 4, 2008, which provides a full exemption of school taxes for residents 65 years of age or older.
An additional homestead exemption, approved Aug. 20, 2002, declares an exemption “in an amount equal to the amount by which the current year assessed value of that homestead exceeds the base year assessed value of that homestead, in order to assure that ad valorem taxes on such property for county purposes will not be increased as a result of the reassessment of such property.”
