The City of Waynesboro today announces its intention to increase the 2021 property taxes it will levy this year by 0.83 percent over the rollback millage rate.
Each year, the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the City. When the trend of prices on properties that have recently sold in the City indicate there has been an increase in the fair market value of any specific property, the Board of Tax Assessors is required by law to re-determine the value of such property and adjust the assessment. This is called a reassessment. The property tax millage rate will remain at 11 mills for 2021, as it has for the past several years.
When the total digest of taxable property is prepared, Georgia law requires a rollback millage must be computed that will produce the same total revenue on the current year's digest that last year's millage rate would have produced had no reassessments occurred.
The budget tentatively adopted by the City of Waynesboro City Council requires a millage rate higher than the rollback millage rate; therefore, before the City of Waynesboro City Council may finalize the tentative budget and set a final millage rate, Georgia law requires three public hearings to be held to allow the public an opportunity to express their opinions on the increase.
All concerned citizens are invited to the public hearings on this tax increase to be held at the City of Waynesboro at 615 N. Liberty Street, Waynesboro, Georgia, on the following dates: October 21, 2021 at 10:00 a.m. and October 28, 2021 at 10:00 a.m. and 6:00 p.m.
2021 Tax Digest & 5 Year Millage History