Fulton County residents are looking at a bump in their property tax bills this year. The Fulton County Board of Commissioners has set its sights on increasing property taxes for the 2024 General Fund by 3.74 percent above the rollback millage rate. This potential hike is meant to address reassessments that have seen property values climb. By law, these increases in fair market value lead the board of tax assessors to re-evaluate and adjust property assessments accordingly.
Under Georgia law, a rollback millage rate is typically calculated to generate the equivalent revenue as the previous year, barring any reassessments. However, the current budget demands call for a rate that surpasses this rollback figure. To lawfully implement this uptick, the county must first conduct three public hearings, to openly seek and consider the public's viewpoints.
According to an announcement on the Fulton County official website, the hearings are scheduled for July 10 and August 7, at the Government Center Assembly Hall located at 141 Pryor Street, Atlanta. Moreover, for those unable to attend in person, the county is facilitating participation via video conferencing on Zoom, providing accessible links for each respective meeting time.
The first hearing will take place on July 10 at 10 a.m., immediately followed by a second session at 6 p.m. The final hearing is set to be held on August 7 at 10 a.m. The Fulton County Board of Commissioners encourages all concerned citizens to join and to openly express their feelings on the matter. Engaging in these discussions will potentially shape the financial landscape of Fulton County for the year to come.
