IN BRIEF: After years of belt tightening, the tax digest is finally growing ever so slightly and property values are starting to turn the corner. Rockdale County, the City of Conyers and the Rockdale County Board of Education all recently were able to lower their property tax rates slightly with a rollback millage rate. With a "rollback rate," homeowners can expect to pay the same amount as they did last year, if the value of their home remains the same. A mill is $1 taxed for every $1000 of assessed property value.
City of Conyers
On Wednesday morning, Conyers city council unanimously approved a millage rate of 13.62 for 2014, or 0.23 mills lower than last year's rate.
The year before, the city had increased the rate by 3.95 mills to 13.85, but had kept the rates at 9.9 for 2011 and 2012 and 9.41 for 2009 and 2010.
Thursday morning, Rockdale County commissioners JaNice Van Ness and Chairman Richard Oden unanimously approved a rollback millage rate of 20.24, or 0.46 mills lower than last year.
Finance Director Roselyn Miller said the county's 2014 budget had initially projected needing to dip into the reserves by $5.2 million but because the anticipated revenues was about 2 percent, or $900,000, more than expected, the county will only need to go into the reserves by about $4.2 million.
Last year, the county had increased the millage rate by 3.79 mills for a rollback rate, which brought in the same amount as the year before that, due to falling property values.
Rockdale County Board of Education
The Rockdale County Board of Education unanimously approved a rollback millage rate of 25.39, or 0.61 mills lower than last year, Thursday morning. All members but Sharron Pharr were present.
The previous year, the millage rate had been increased to 26 mills.
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