ELLIJAY, Ga. – Gilmer County is nearing the August Millage Rate approvals and citizens are hearing those rates advertised this week as required. Both the Board of Commissioners and the Board of Education have approved the advertising and are now open to public input before the early August deadlines.
The BOC approved their advertisement yesterday with the calculated Rollback Rate of 6.222 mills.
With that, their estimated tax revenue sits at $10,390,546.
Additionally, the BOC also discussed their Bond Millage Rate. The commissioners have been discussing lowering that rate back from the added “half mill” since the days of former Post Commissioner Dallas Miller. Last year saw that Bond Millage lower by one quarter, going from 1.5 mills to 1.25 mills with indications and discussions that they would be looking at the other quarter of a mill later.
This weeks’ advertisements followed through with those indications as the second quarter was removed for a total Bond Millage Rate of 1.0 mills.
With that, their estimated Bond Rate sits at $1,683,091.
As for the Board of Education, their advertised millage rate is at it lowest point in recent years, according to Chief Financial Officer Trina Penland. Penland reported an increase in the digest of about 15 percent.
With their Rollback Rate, the board is advertising the millage at 12.624 mills. Slowly declining the rate since 2011, Penland said that values have continued increasing in our areas.
With that, their estimated tax revenue sits at $18,169,000.
All of these millage rates are in advertisement stages, allowing the public to comment and contact their elected officials on the millage rate before then.
From here, the Board of Education will hold a special called meeting on August 9 at 6 p.m according to statements made in their meeting. The Board of Commissioners will be holding their regular work session Wednesday morning, August 11, 2021, at 9 a.m. and then they will give final approval for their own rate as well as approval to collect the Board of Education’s Rate at 6 p.m during their Regular Meeting on August 12, 2021.