Troup Co. School System millage rate remains unchanged
Published 8:05 pm Wednesday, July 19, 2017
On Tuesday, the Troup County Board of Commissioners approved the millage rate, or tax rate on properties, for the Troup County School System.
The approval is largely just a procedural recognition, since by the time tax rate was brought before the commissioners, the school board had already decided to keep the rate at a steady 18.85 percent. Troup County School’s millage rate has not changed since 2005.
“It is in the law (that the board of commissioners has to approve it),” said Troup County School System Chief Financial Officer Byron Jones during Tuesday’s county commission meeting. “I know in the other county I was in, they would also have to ratify that rate, so this is my twelfth year of this. Every year we have had to send it down.”
The Troup County School System’s millage rate will remain the same though more revenue is expected to be brought in due to increasing property values in parts of the county.
“What we have noticed this year is we are getting an increase in money due to the assessment increases in the county — both commercial and residential,” said Jones during the school board work session on Monday.
Monday’s hearing was the last of the school board’s three hearings on the millage rate, and the only one that members of the public attended despite an open invitation to the public for all three hearings. Locals should not see an increase in their taxes unless their property is reassessed at a higher rate.
The Troup County Board of Education is scheduled to meet again on Thursday at 5:30 p.m. at 100 North Davis Road, Building C. The Troup County Board of Commissioners is scheduled to meet again on Aug. 1 at 9 a.m. at 100 Ridley Ave.