TCSS approves millage rate
Published 9:30 am Thursday, July 13, 2023
On Tuesday, the Troup County School Board voted to set the millage rate for the 2023 calendar year at 17.35 mills, which is the current rate and remains unchanged.
“The proposal is that it remains the same for the current fiscal year, which is 17.35 per 1000 mills. We appreciate the public support of the schools and the worthy investment the funds go to,” said Dr. Scott Burckbuchler, TCSS’ chief financial officer.
According to board documents, since the total local property tax digest has increased, the state requires notices which indicate an increase. The calculated rate of “increase” to the tax digest is 5.36%. However, if the assessed value of a resident’s real property remains the same as the previous year, then they will see no change in taxes for school purposes as the rate stays at 17.35.
“The millage rate is staying the same because we’re using that revenue to support the overall expense budget, which includes teacher salaries, increases in terms of health insurance, and generally supports programs that are offered within our school. We need a certain revenue source and the budget was predicated on that millage rate of 17.35,” Burckbuchler said.
Board Chairman Brandon Brooks said to set the millage rate the board had public hearings and approved the budget for the 2023-2024 fiscal school year.
On Tuesday morning, the Troup County Board of Commissioners approved the 2023 millage rate at 9.923 mills after a final public hearing.
Now that the millage rate has been set for the upcoming year. Brooks said he feels thankful and is excited for the upcoming year.
“We’ve made a lot of budgetary items happen whether it’s the superintendent’s desire for curricular coherence, security upgrades, hardening those campuses, a lot of great things are coming in this upcoming budget, and I look forward to seeing them come to fruition,” Brooks said.