The Fulton County school board unanimously approved a new property tax rate.

The board recently set the tax rate at 17.59 mills, slightly lower than the previous rate of 17.796 mils.

For the owner of a $300,000 house, the difference between the two rates is $24 a year.

Although the rate is lower, it is legally considered a 3.12% tax increase because the district didn’t lower the rate far enough to offset tax increases from higher property valuations.

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Sheree Smith (left) casts her ballot at Wolf Creek Library in Atlanta on Election Day on Tuesday, Nov. 4, 2025. In addition to municipal races for mayors, city councils and school board members, this year’s election also will decide the members of the Georgia Public Service Commission. (Miguel Martinez / AJC)

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Public Service Commission candidate Peter Hubbard gets a hug from Brionté McCorkle, executive director of Georgia Conservation Voters, during an election-night party in Southwest Atlanta on Tuesday, Nov. 4, 2025.  (Ben Gray for the AJC)

Credit: Ben Gray for the AJC