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Glynn County appraisers report 2024 equalized ratio of 37.24% after state review
Summary
At a meeting of the Glynn County Board of Assessors, Chief Appraiser Ryan Glisson said the county's 2024 ad valorem tax digest passed state review with an equalized ratio of 37.24%, within the statewide 36%–44% acceptable range but below the 38% threshold that affects public utility billing.
At a meeting of the Glynn County Board of Assessors, Ryan Glisson, chief appraiser for the Glynn County Property Appraisal Office, reported that the county's 2024 ad valorem tax digest has been reviewed and approved by the state revenue commission and related agencies, producing an equalized ratio of 37.24 percent. "It's been approved by the revenue commission," Glisson said.
The report presented was based on an audit by the Department of Audits and Accounts and data comparisons to the 2024 digest, Glisson said. The DOAA audit compared sales and appraisal values for 2023 calendar-year transfers to assessments on the 2024 digest and calculated component ratios for real property, personal property, current-use property and motor vehicles. "As you go further, the acceptable allowed by law ... is 36 to 44 percent," he said.
Glisson told the board that assessed value in the county is derived from a 40 percent assessment level and that when that is equated to fair market value it would correspond roughly to a 90 percent to 110 percent range for an acceptable equalized ratio. He said Glynn County's high appreciation in 2023 makes meeting statistical targets more difficult than for rural counties but that the office nonetheless met the mandated range. "I think all in all, good job," he said.
Glisson also warned of a billing implication: because the equalized ratio fell below a 38 percent threshold, the county's public utilities digest must be billed at the lower measured rate rather than at 38 or 40 percent. He said appeals remain possible through the assessor board process, the board of equalization or superior court, and that final numbers could change as appeals are resolved.
The presentation was informational; the board did not take a separate binding vote on the audit numbers during the meeting. Board members asked for one follow-up check about when the 38 percent threshold had last changed; a board member volunteered to get an answer and report back.
The audit discussion noted the county's median-target practices and the effect of rapid market appreciation on statistical measures, but the reported equalized ratio remains inside the DOAA's accepted 36 percent to 44 percent range. No formal policy changes were adopted at the meeting.
