07.29 Proposed Property Tax Increase

 

ATLANTA PUBLIC SCHOOLS
Office of Communications and Public Engagement
130 Trinity Avenue SW | Atlanta, Georgia 30303

Seth Coleman, Director of Media
404-802-2891, office
404-345-8630, cell
seth.coleman@atlanta.k12.ga.us 

Jasmine Mosley, Media Relations Manager
404-802-2888, office
404-937-0473, cell
jasmine.mosley@atlanta.k12.ga.us  

FOR IMMEDIATE RELEASE                                           
July 29, 2024

 

Proposed Property Tax Increase

The Atlanta Board of Education today announces its intention to increase the 2024 property taxes it will levy this year by 4.22 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 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 tentatively adopted by the Atlanta Board of Education requires a millage rate higher than the rollback millage rate; therefore, before the Atlanta Board of Education may finalize the 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 opinion to increase.

All concerned citizens are invited to the public hearings on this tax increase to be held at the Alonzo A. Crim Center for Learning and Leadership Building, located at 130 Trinity Avenue, SW, Atlanta, Georgia on August 5, 2024, at 6:00 PM and on August 12, 2024, at 10:00 AM and 6:00 PM.

 

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About The Atlanta Board of Education

The Atlanta Board of Education establishes and approves the policies that govern the Atlanta Public Schools system. The Board consists of nine members, representing six geographical districts and three “at-large” districts. One person is elected per district to represent the schools in a given district for a four-year term. To learn more about The Atlanta Board of Education, follow us on Facebook, Twitter, and Instagram or visit www.atlantapublicschools.us/Page/17672.



About Atlanta Public Schools

 

Atlanta Public Schools is one of the largest school districts in the state of Georgia, serving approximately 52,000 students across 87 schools. The District is organized into nine K-12 clusters with 58 neighborhood schools, six partner schools, 18 charter schools, two citywide single-gender academies and three alternative programs. For more information, visit www.atlantapublicschools.us, follow us on Facebook at https://www.facebook.com/AtlantaPublicSchools/ and on Twitter and Instagram @apsupdate.