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Demorest opens public hearing after officials propose roughly 30% property tax increase

Demorest City Council · October 15, 2024
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

Demorest officials announced a tentative 2024 millage that would raise property taxes about 30.21%, presented three revenue scenarios and recommended a 7.16-mill rate; no members of the public spoke at the hearing.

Demorest Mayor Jerry Harkness opened a special called public hearing on Oct. 15, 2024, to present options for the city's 2024 millage rate and to solicit public comment. The council announced a tentative increase that city officials said would amount to about a 30.21% rise in property taxes.

City Manager Mark Musselwhite outlined three revenue scenarios tied to different millage rates: 5.499 mills (estimated collections $361,979), 6.16 mills (estimated $405,490) and 7.16 mills (estimated $471,317). Musselwhite recommended the 7.16-mill option, which the council said would represent an increase of 1.661 mills over the no-increase rate.

Officials provided example impacts for a property with a fair market value of $175,000, saying the proposed increase would be approximately $102.92 for a homestead property and approximately $116.27 for a nonhomestead property. The figures were presented as estimates by administration and council.

Mayor Harkness opened the public comment portion of the hearing; no members of the public spoke. The mayor then closed the public hearing. Following routine business, Councilman Donnie Bennett moved to adjourn; Councilman Jimmy Davis seconded. The motion was recorded as unanimously approved and the meeting adjourned at 12:32 p.m.

The council announced additional public hearing opportunities on Oct. 15 at 5:00 p.m. and Oct. 22 at 6:00 p.m. at the Demorest Municipal Conference Center, where residents may speak or submit comments before any final decision on the millage rate.