Stephens Co. Sets Public Hearings for Proposed Tax Increase
Stephens County Commissioners are announcing the dates for the three required public hearings on the county’s proposed millage rate increase.
The county commission will hold those public hearings at the Stephens County Courthouse in downtown Toccoa on July 14 at 8:30 a.m., July 14 at 6 p.m., and on July 22 at 5 p.m.
Stephens County is proposing to raise the millage rate by 2.85 mills, taking it from 11.32 to 14.17 mills.
For a $100,000 home with no exemptions, that would result in an increase of about $114 in the yearly tax bill to support county government services, not including the school system.
By law, the county commission must hold three public hearings before voting to approve a millage rate increase that is higher than the “rollback” millage rate.
The proposed rate of 14.17 mills represents about a 24 percent increase over the “rollback” millage rate of 11.43 mills.
That “rollback” millage rate is the tax rate that would have produced the same amount of total revenue on the current year’s digest that last year’s millage rate would have produce had no reassessments occurred.