DeKalb County residents may see an increased property tax this year.
The DeKalb County Governing Authority today announced its intention to increase 2020 property taxes this year by 7.13 percent over the rollback millage rate.
The county is inviting all residents to the public hearings on the tax increase, which will be held remotely via Zoom link (https://dekalbcountyga.zoom.us/j/7753778046), or by telephone (602-333-0032 or 888-270-9936, conference code: 217687) on Tuesday, June 23, 2020 at 10 a.m. and 6 p.m.
DeKalb County has seven separate tax levies. Two of those levies (the general and hospital funds) are used in the required calculation for the rollback rate. The other tax levies (police, fire, designated, and two bond funds), when combined with the general and hospital levies, produce the same benchmark millage rate of 20.810 mills from last year.
The combined millage rate for the general and hospital funds will exceed the rollback millage rate. However, the method used to calculate the rollback rate does not take into account offsets in those rates or factor in the credit given by the equalized homestead option sales tax beginning in 2018.
The 2020 budget tentatively adopted by the DeKalb County Governing Authority requires a millage rate higher than the rollback millage rate, therefore, before the DeKalb County Governing Authority may finalize the tentative midyear budget and set a final millage rate, state law requires three public hearings to be held to allow the public an opportunity to express their opinions on the increase.