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City staff outlines proposed 13-mill rate, explains House Bill 581 impacts on assessments
Summary
Finance staff presented the city's proposed 13 millage rate and explained how Georgia's House Bill 581 (assessment limits/CPI indexing) affects residential assessments; staff recommended single public hearing Aug. 18 (with Sept. 2 public hearing also scheduled) and provided examples of tax impacts on sample home values.
Finance staff presented the city’s 2026 millage information Aug. 11 and explained how House Bill 581 — new state law limiting residential assessment adjustments to the consumer price index (CPI) except on sale — affects taxable values and the city’s revenue outlook.
Jeffrey Jackson, the city’s tax expert, summarized legal requirements under O.C.G.A. §48-5-32 for advertisement and rollback calculations and said East Point’s rollback millage rate was computed at about 13.34. The proposed millage rate presented to the county is 13.0, which staff said would place the city below the…
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