Notice of Property Tax Increase

Gary SandersCity News

NOTICE OF PROPERTY TAX INCREASE

The Eatonton City Council has tentatively adopted a millage rate which will require an increase in property taxes by 27.24 percent.

All concerned citizens are invited to the public hearing on this tax increase to be held at the Putnam County Commissioners’ Meeting Room #203, 117 Putnam Drive, Eatonton, Georgia 31024 on August 4, 2016 at 9:00 AM.

Times and places of additional public hearings on this tax increase are at the Putnam County Commissioners’ Meeting Room #203, 117 Putnam Drive, Eatonton, Georgia 31024 on August 11, 2016 at 12:00 PM and 6:00 PM.

This tentative increase will result in a millage rate of 9.5 mills, an increase of 2.034 mills.  Without this tentative tax increase, the millage rate will be no more than 7.466 mills. The proposed tax increase for a home with a fair market value of $200,000 is approximately $142.38 and the proposed tax increase for a nonhomestead property with a fair market value of $125,000 is approximately $101.70.