Everyone please share to all your friends and everyone in Coweta County.
This is not a District issue but a total county issue.
I have attached an example of the current median sale price of a home in Coweta from May 2019 through April 2020, it is $268,000.00. This is prior to the mass appraisal that has been completed as I am sure most all have received their property assessments in the mail all ready. I am providing a calculation for everyone to provide an example of what your property will be for this year based on an increase in value of 20% (which was my average of three properties).
However, yours maybe lower or higher based on you assessed value. I am using the exact same millage rate as last year for these calculations. As the NTH has stated in the following article your property tax is not determined on the value of your home, rather the millage rate set by your county government, i.e., commissioners. (PROPERTY RATES) NTH is correct, your tax rate has not been set as that will be done in August as the commissioners decide your millage rate.
The example I am providing is showing what your property tax would be, given the existing millage rate and what the millage rate would have to be to maintain the same property tax rate as in 2019. I am telling everyone you need to be at the commissioners meeting that determines the millage rate to voice your opinion on your position about the millage rate on our property taxes.
One thing to keep in mind is the Coweta County School Board has already approved their 20/21 budget based on their current millage rate of .01859, so this will not change. The general fund, fire and fire bond will have to decease more than a half percent to keep your property taxes the same as 2019.
Unless we all show up at the meeting we will all experience an unusual increase in our property taxes.
Please join me in the meeting. Remember, Rep. Philip J Singleton has sponsored legislation to stop these unsubstantiated taxes on property value gains that we do not experience until we sell our property.
I would ask you all to review a California law, (yes California law) proposition 13, passed in the mid-1980s that addressed this very out of control increase in property values and tax increases.
Remember to vote for Reidelbach on August 11th for District 4 County Commissioner.
