Elsewhere
Ringgold’s millage rate will increase from 3 to 3.15 mills. Three meetings will soon be scheduled to allow the public the opportunity to voice their opinions on the increase.“Our city — and really all of Catoosa County — is growing at almost a 50 percent growth rate over an 11-year period,” said Mayor Nick Millwood, citing arguments others have made to support the increase.Millwood added he is not one of those people.Check future editions of North Georgia Weekly and cityofringgold.com for updates once the meetings have been scheduled.
After remaining flat for several years, property values in Walker County are going up by about $50 million this year.
In a posting on its website, the county’s board of education announced all property within its jurisdiction holds a combined value of about $1.312 billion. Last year, that value sat around $1.259 billion.
Although the Georgia Department of Revenue recommends reappraising all land every three years, County Commissioner Bebe Heiskell said the county had not re-assessed commercial property for 18 years. The county also had not re-assessed any other property for 12 years.
What does the change in value mean for tax bills? It’s too early to say. Essentially, local taxes are determined by a simple equation: the value of your property, multiplied by a tax rate. So if the property values go up, the county could lower its tax rate and get the same amount of revenue.