Notice of Property Tax Increase-FY21

Newton BOE to Hold Public Hearing Regarding Property Tax Increase
Posted on 07/04/2020
Budget and Millage RateThe Newton County Board of Education has tentatively adopted an M&O millage rate which will require an increase in property taxes by 3.98%. All concerned citizens are invited to the public hearing on this tax increase to be held in the Board Room at the Newton County Board of Education Administrative Offices, 2109 Newton Drive, Covington, Georgia on July 14, 2020 at 6:30 p.m.
This tentative increase will result in a millage rate of 19.788 mills, an increase of 0.757 mills. Without this tentative tax increase, the millage rate will be no more than 19.031 mills. The proposed tax increase for a home with a fair market value of $175,000 is approximately $63.95 and the proposed tax increase for nonhomestead property with a fair market value of $150,000 is approximately $45.42.