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City celebrates historic low property tax rate amid rising concerns

July 19, 2024 | Canton City, Cherokee County, Georgia



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

City celebrates historic low property tax rate amid rising concerns
During a recent government meeting, officials highlighted the city's historic low millage rate of 5.4, marking the lowest in its 185-year history. This achievement was celebrated as a significant accomplishment, reflecting the city's commitment to fiscal responsibility.

However, discussions quickly turned to the broader implications of property tax bills, with officials noting a disconnect between the percentage of tax revenue collected and the public perception of blame. One official pointed out that while the city and county receive only 19% of the total property tax pie, they bear 90% of the criticism from residents. This sentiment was echoed by concerns regarding the financial strain on seniors and low-income residents, particularly those on fixed incomes.

An illustrative example was shared about an 89-year-old resident living on $1,300 a month in Social Security, for whom a $20 tax reduction could significantly impact daily life. The conversation also acknowledged the rising tax bills faced by younger families, with one official recounting a personal experience where their tax bill surged from $32,100 in 2017 to over $7,500 recently.

The meeting underscored the need for a balanced approach to taxation, considering the financial pressures on various demographics within the community. Officials emphasized the importance of addressing these concerns while maintaining the city's fiscal health.

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