The City of Winterville today announces its intention to increase the property taxes it will levy this year by 20.53 percent.
Each year, the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the city. When the trend of prices on properties that have recently sold in the city 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 increase the assessment. This is called a reassessment.
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 new digest that last year’s millage rate would have produced had no reassessments occurred.
The budget tentatively adopted by the City of Winterville requires a millage rate higher than the rollback millage rate. Therefore, before the City of Winterville may finalize the tentative budget and set a final millage rate, Georgia Law requires that three public hearings be held to allow the public an opportunity to express their opinions on this increase.
All concerned citizens are invited to the public hearings on this tax increase to be held at the following locations at the indicated times:
Hearing #1 – Monday, July 18, 2022 at 11:00 am
Hearing #2 – Monday, July 25, 2022 at 11:00 am
Hearing #3 – Monday July 25, 2022 at 6:00 pm
All public hearings will be held at the Winterville City Hall, 125 N. Church Street Winterville, Georgia.
The 2022 tax digest and a five-year history of the tax levy can be found at the link below:
2022 Five Year History-Winterville.pdf
Original source can be found here.
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