DeKalb school board approves flat millage rate

The DeKalb County school board voted unanimously Monday to keep the same property tax rate as last year, which will boost revenue during the 2014-15 fiscal year because of increasing property values.

The school board voted 9-0 to set the millage rate at 23.98. A tax of 1 mill equals a levy of a tenth of a penny on each dollar of assessed valuation.

In Georgia, governments must advertise a tax increase whenever they adopt a millage rate that generates an increase in revenue over the prior year. Not everyone will pay more — only those whose property values increased in the opinion of the DeKalb tax assessor.

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