APS Hosts Public Hearings on Proposed Millage Rate for FY2020 Budget
Staff Report From Metro Atlanta CEO
Wednesday, July 17th, 2019
As required by Georgia law, the Atlanta Board of Education (ABOE) will host three public hearings to allow citizens an opportunity to express their opinions on the district’s proposed tax rates for the FY2019 Budget.
Public hearings will be held at the Atlanta Public Schools Alonzo A. Crim Center for Learning and Leadership (CLL), located at 130 Trinity Avenue, on the following dates:
Monday, July 22 | 6 p.m.
Monday, July 29 | 9 a.m.
Monday, July 29 | 6 p.m.
Each year, the board of tax assessors is required to review the assessed value of taxable property in the county, for property tax purposes. When the trend of prices on properties that have recently sold in the county indicates 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.
Georgia law requires that a “rollback millage rate” be computed to produce the same total revenue on the current year’s digest that last year’s millage rate would have produced had no reassessments occurred. Using this required calculation, ABOE has announced its intention to increase the 2019 property taxes it will levy this year by 1.52 percent over the rollback millage rate.
The District intends to maintain the current 20.740 millage rate. As a reminder, the District rolled back 1.0 mill in 2018 from 21.740 to 20.740. To fully offset the increase in the digest would require a roll-back of the millage rate from 20.740 to 20.429 mills. With no roll-back, the proposed tax increase for a homesteaded property with fair market value of $300,000 is approximately $37.


