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Catoosa County board certifies 2025 estimated rollback rate and hears FY25 financial update as district trims positions
Summary
The board certified an estimated rollback millage rate of 14.87 for inclusion on property assessment notices under HB 581/HB 92; finance staff reported FY25 improvements, projected FY26 state funding near $86.5 million and staffing reductions to offset rising health insurance costs.
Catoosa County school officials on May 6 certified an estimated rollback millage rate of 14.87 to be included on property assessment notices and received a financial update that outlined current fiscal status, planned staffing reductions and projected state funding for FY26.
The certification of an "estimated rollback rate" reflects new state requirements under House Bill 581 (2024) and House Bill 92 (2025), which allow local governments to provide an estimated rollback rate on assessment notices or else default to last year's millage and a tax estimate based on current assessed value. The board approved the…
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