7.27 Atlanta Board of Education Announces Proposed Property Tax Increase

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

Ian Smith, Executive Director
404-802-2855, office
404-603-6934, cell
ian.smith@atlanta.k12.ga.us

 

Seth Coleman, Director of Media Relations & Television Broadcast
404-802-2891, office
404-406-5570, cell
seth.coleman@atlanta.k12.ga.us

   

FOR IMMEDIATE RELEASE                                                     

July 27, 2021


Atlanta Board of Education Announces Proposed Property Tax Increase

ATLANTA – The Atlanta Board of Education today announces its intention to increase the 2021 property taxes it will levy this year by 5.20 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 2, 2021 at 11:00 AM and 6:00 PM, and on August 9, 2021 at 6:00 PM.

###

About Atlanta Public Schools

Atlanta Public Schools is one of the largest school districts in the state of Georgia, serving approximately 51,000 students across 87 schools and five programs. The District is organized into nine K-12 clusters with 64 traditional schools, 19 charter schools, six partner schools, two alternative schools and five alternative programs. To learn more about Atlanta Public Schools, follow us on social media – Twitter (@apsupdate), Facebook (Atlanta Public Schools), and Instagram (apsupdate) – or visit us online at www.atlantapublicschools.us.