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ment. 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 Toombs County Board of Education requires a millage rate higher than the rollback millage rate which is actually lower than the 2021 millage rate of 14.612; therefore, before the Toombs County Board of Education can 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.
“We hope our property taxpayers understand that unless your property has been reassessed (taxable value increased) during the year then you will not see a tax increase. Your school taxes will actually be less,” the Board stated in a press release.