Overview:
In a special called meeting on Monday, Atlanta Public Schools voted to maintain the current millage rate of 20.500, with a vote of 5-0 with four board members not in attendance.
In a special called meeting on Monday, Atlanta Public Schools voted to maintain the current millage rate of 20.500, with a vote of 5-0 with four board members not in attendance.
Chief Financial Officer Lisa Bracken’s overview of the 2024 tax digest stressed that despite keeping the millage rate the same, due to increased property values, there would be a 9.14% increase in taxes.
With an operating budget of over $1.6 billion for the 2023-2024 school year, many board members expressed concerns about the rising property values and its impact on many legacy families where grandparents may raise their grandchildren.
“A lot of people are feeling the pinch with the new evaluations and I’m really appreciative of the district working with the legislature for the $50,000 homestead exemptions.” Said Tamara Jones, At-Large Seat 7 Representative. “What are the possibilities for us to start to explore that in a different way going forward? I know a lot of our legacy residents are being pushed out.”
One speaker came to speak about the difference in taxes from Cobb County to the City of Atlanta and why residents in Cobb County pay less in taxes than those with similar home values.
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