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.
