The City of Guyton has announced its intention to increase the property taxes it will levy this year by 2.91 percent over the rollback millage rate.
Each year, the mayor and Guyton City Council are required to review the assessed value for property tax purposes of taxable property in the city. The 2020 Tax Digest increase is due to new or improved properties.
When the total digest of taxable property is prepared, Georgia law requires that a rollback millage rate must be computed that will produce the same total revenue on the current year’s digest that last year’s millage rate would have produced had no reassessments occurred.
The budget tentatively adopted by the mayor and council requires a millage rate higher than the rollback millage rate; therefore, before the mayor and council may finalize the tentative budget 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 City of Guyton Council Chambers, 310 Central Blvd., Guyton, on July 30 at 11 a.m.. and 6 p.m. and, Aug. 11 at 6 p.m.