The Fayette County Board of Education held the first two of its three required millage rate hearings on Monday, via its website’s livestream. As presented by Chief Financial Officer Tom Gray, the proposed millage rate for the coming year is 19.150 mills for maintenance and operations, a decrease of 0.1 mills from last year but 0.496 mills above the rollback rate. The planned millage rate for bond debt will be 1.180 mills, which is slightly lower than last year.

The changes will result in a property tax increase of $63.49 for average homestead properties valued at $325,000, or $54.56 more for non-homestead properties valued at $275,000. Gray said overall tax revenue has been affected by an increase in homestead exemptions and a significant decrease in motor vehicle taxes.

The school system’s approved budget for FY2021 is $228.5 million, which includes the use of $10 million in cash reserves. The third and final millage rate hearing will be held at 6 p.m. on Aug. 24, just before the BOE’s regular meeting at 7 p.m. when the board will vote on the measure. Full details are at www.fcboe.org.

About the Author

Keep Reading

Family and friends participated in a processional led by a horse-drawn carriage carrying the remains of Cornelius Taylor from Ebenezer to Atlanta City Hall on Monday, February 3, 2025. Taylor, a homeless man, died during an incident involving city workers clearing a homeless encampment on January 16.
(Miguel Martinez/ AJC)

Credit: Miguel Martinez-Jimenez

Featured

“Our members cannot be bought off,” General President Sean O’Brien said in a social media statement, calling UPS' offers “illegal and haphazard.” (Hyosub Shin/AJC 2023)

Credit: Hyosub Shin/AJC