The Troup County Board of Education has tentatively adopted a 2016 millage rate which will require an increase in property taxes by 1.31 percent.
All concerned citizens are invited to the public hearing on this tax increase to be held at Hogansville Elementary School Auditorium, 611 East Main Street, Hogansville, GA on July 11, 2016 at 10:00 A.M.
Times and places of additional public hearings on this tax increase are at West Point Elementary School Auditorium, 1701 East 12th Street, West Point, GA on July 11, 2016 at 6:00 P.M. and Administrative Services Center Board Room, 100 North Davis Road Building C, LaGrange, GA on July 18, 2016 at 6:30 P.M.
This tentative increase will result in a millage rate of 18.850 mills, an increase of 0.244 mills. Without this tentative tax increase, the millage rate will be no more than 18.606 mills. The proposed tax increase for a home with a fair market value of $125,000 is approximately $11.71 and the proposed tax increase for non-homestead property with a fair market value of $100,000 is approximately $9.76.