PRESS RELEASE ANNOUNCING A PROPOSED PROPERTY TAX INCREASE
The Vidalia City Board of Education announces its intentions to increase the property taxes it will levy this year by 5.81 percent for Vidalia / Toombs residents and decrease by .10 percent for Vidalia / Montgomery residents over the rollback millage rate.
Each year, the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the county. When the trend of prices on properties that have recently sold in the county indicates there has been an increase in the fair market value of any specific property, the board of tax assessors is required by law to re-determine the value of such property and adjust the assessment. This is called a reassessment.
When the total digest of taxable property is prepared,
The budget adopted by the Vidalia City Board of Education requires a millage rate higher than the rollback rate, and therefore, before the Board can finalize and set a final millage rate, Georgia law requires three public hearings to be held to allow the public an opportunity to express their opinions on the increase.
All concerned citizens are invited to the public hearings on this tax increase to be held at the Vidalia Board of Education, 1001 North Street W, Vidalia, Georgia, on Wednesday, September 6, 2023, at 12:00 p.m., Thursday, September 7, 2023, at 6:00 p.m. and Tuesday, September 12, 2023, at 12:00 p.m. The final millage rate will be adopted at the Regular Board Meeting scheduled for Tuesday, September 12, 2023, at 5:00 p.m.
For the notice of "Tax Increase" and Tax Digest and a 5-year history of Tax Levy in Vidalia and Montgomery County, Click HERE