The residents of Woodstock, Georgia are facing a proposed property tax hike which comes down to a potential increase in their bills. According to an official notice from the City of Woodstock, the proposal includes a millage rate adjustment resulting in a 2.855 percent increase. Those with homes valued at $475,000 could see their taxes go up by roughly $27.55, and owners of non-homestead property valued at $350,000 may have to pay an additional $20.30.
Civic engagement is key in these discussions, and so the City has scheduled three public hearings on the matter. Explanation for the proposed increase and its necessity are likely to be on the agenda. Concerned citizens have the chance to voice their opinions at these gatherings. The first two hearings will be held during City Council Meetings, pegged for Monday, August 12th, and Monday, August 26th, 2024, both kicking off at 7 p.m. A third meeting is slated for Monday, August 19th, at 6 p.m., preceding a City Council Work Session. All meetings will take place at the Chambers at City Center, with the address listed as 8534 Main Street, Woodstock, GA 30188.
Details surrounding the city’s proposed tax plan indicate a jump to a Maintenance and Operations millage rate of 5.223 mills, up by .145 mills. The City’s announcement clarified that without this proposed increase, the millage rate would hold steady at no more than 5.078 mills. These figures come at a time when localities across America grapple with the balancing act of funding municipal services against the financial strain on their homeowners.
Participation in the public hearings is encouraged, and the procedures for doing so can be found within the City of Woodstock Council Policy Manual. Detailed information on this process, as well as more on the tax implications, is available through the city's official release. Community members are advised to review this data to gain a better understanding of the impacts of this proposal, and how it might affect them in the year to come.
