2018-10-04 / Front Page

Public hearings set for proposed tax increase

Due to an unfortunate error in wording in the previously pub­lished public notice and to meet state requirements, the Lincoln County Board of Commissioners are required to rerun the county’s public notice, five-year history, and hold three public hearings regard­ing the property tax increase.

The Lincoln County Board of Commissioners announced its in­tention to increase the property taxes it will levy this year by 9.80% Unincorporated 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 indicates there has been an increase in the fair market value of any specific property in the county, the Board of Tax Assessors is re­quired by law to re-determine the value of such property and increase the assessment. This is called a “re­assessment.”

When the total digest of taxable property is prepared, Georgia laws requires that a rollback millage rate must be computed that will produce the same total revenue on the current year’s new digest that the previous year’s millage would have produced had no reassess­ments occurred.

This fiscal year 2018-2019 bud­get of the Lincoln County Board of Commissioners requires millage rate higher that the rollback millage rate. Therefore, before the Lincoln County Board of Commissioners may set a final millage rate suffi­cient to fund the budget, Georgia law requires that three public hear­ings be held to allow the public an opportunity to express their opin­ions on this increase.

The Lincoln County Board of Commissioners finds it necessary to increase the millage rate for the following reasons:

1. The increased cost of health insurance.

2. The decrease of funds from jail.

3. Cost of living increase for em­ployees

4. The increased cost of mainte­nance.

All concerned citizens are invited to public hearings on this increase to be held at the Lincoln County Board of Commissioners Con­ference Room, Room 104 in the courthouse, 210 Humphrey Street, on October 12 at 10 a.m., October 22 at 10 a.m., and again at 6 p.m

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