6.22 Official Statement on ABOE Budget Commission's Acceptance of APS Administration's Recommendation Rollback Millage Rate

Ian Smith, Executive Director               
404-802-2855, office
404-603-6934, cell
Seth Coleman, Media Relations Manager
404-802-2891, office
404-406-5570, cell
FOR IMMEDIATE RELEASE                                                     
June 22, 2018
From Ian Smith, Spokesperson, Atlanta Public Schools:
The Atlanta Board of Education Budget Commission discussed today to accept the recommendation of Atlanta Public Schools (APS) administration to roll back the school millage rate by one mill, providing tax relief for Atlanta homeowners. This demonstrates the District’s continuing effort to honor its ongoing commitment to help homeowners with tax relief.
The district worked diligently throughout this past session of the Georgia General Assembly to identify solutions to help offset potential tax increases for homeowners by supporting Senate Bill 485. SB485 would increase the homestead exemption from $30,000 to $50,000, but requires voter approval in November and is not scheduled to go into effect until the following year.  If it is passed by referendum, SB485 would remove approximately $25 million from the APS digest each year for 2020, 2021, and 2022, totaling approximately $75 million in reduced available funding for APS. Homeowners will get an increase in their homestead deduction.
The public is encouraged to provide input by participating in a series of upcoming public hearings at the APS Center for Learning and Leadership (130 Trinity Avenue, SW), scheduled as follows:
·         Monday, July 16      Public Hearing 1 and 2  at 11am and 6pm (to be confirmed)
·         Monday, July 23      Public Hearing 3 at 6pm (to be confirmed)
We will continue to provide the latest information on the finalization of the District’s FY2019 budget.