Board of Commissioners to vote on millage rate increase
By Monroe Roark
Starting next week the Henry County Board of Commissioners will convene public hearings in advance of the adoption of the millage rate.
The county is required by state law to conduct the hearings and announce publicly its intention to adopt a millage that will result in a property tax increase. According to county officials, the millage rate tentatively approved will require an increase of 4.25 percent in the unincorporated county, 3.11 percent in McDonough, 4.48 percent in Stockbridge, 4.72 percent in Hampton and 3.79 percent in Locust Grove.
The first two public hearings are scheduled for Tuesday, July 24, at 9 a.m. and 6 p.m. The final hearing is Tuesday, July 31, at 9 a.m. All three events will be at the county administration building, 140 Henry Parkway in McDonough, and open to the public.
The tentative increase would result in a millage rate of 12.733 mills for the unincorporated county; 10.301 mills for McDonough; 12.733 mills for Stockbridge; 10.921 mills for Hampton and 10.921 mills for Locust Grove.
If there is no increase, the millage rate will be no more than 12.214 mills for the unincorporated county; 9.990 mills for McDonough; 12.187 mills for Stockbridge; 10.429 mills for Hampton and 10.522 mills for Locust Grove.
Should the increase be approved, county officials estimate that the tax bill on a home with a fair market value of $175,000 would rise $28.55 for the unincorporated county; $ 17.11 for McDonough; $30.03 for Stockbridge; $27.06 for Hampton and $21.95 for Locust Grove. For a non-homestead property with a fair market value of $250,000, the estimated tax hike is $51.90 for the unincorporated county; $ 31.10 for McDonough; $54.60 for Stockbridge; $49.20 for Hampton and $39.90 for Locust Grove.