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Fulton commissioners certify estimated rollback rate of 8.87 for 2025; CFO and tax commissioner warn about notice language and logistics

2379057 · February 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Board certified an estimated rollback rate of 8.87 to meet a state March 1 deadline created by House Bill 581; staff warned the estimate is provisional, will appear on assessment notices in place of prior estimated‑tax figures, and could result in a required explanatory statement on the tax bill if the final millage exceeds the estimate.

Fulton County commissioners voted 5–1 on Feb. 19 to certify an estimated rollback rate of 8.87 for 2025 to meet a state deadline set under House Bill 581.

The county’s chief financial officer (Sharon) briefed the board on the statute’s new requirements and on practical complications: local taxing jurisdictions must provide the tax commissioner an estimated rollback rate (a function of the current millage minus the millage equivalent of value added by reassessment) by March 1, even though full reassessment values will not be available until later in the digest process. The estimated rollback rate will replace the estimated tax amount on the assessment notice and, if the final millage rate the board adopts…

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