The City of Cornelia announced Thursday its intention to increase 2025 property taxes by 10.28% over the rollback millage rate.
Under state law, county tax assessors must review property values each year. When the fair market value of property rises, the Board of Tax Assessors is required to adjust assessments upward. That process, known as a reassessment, increases the city’s overall tax digest.
Georgia law requires that a “rollback” millage rate be calculated to offset reassessments, keeping tax collections level with the prior year. Cornelia’s proposed budget, however, uses a millage rate higher than the rollback rate, which by law triggers public hearings before it can be adopted.
The city will hold three hearings to gather public input on the proposed increase:
- Tuesday, Sept. 2 at 6 p.m.
- Tuesday, Oct. 7 at 12 p.m.
- Tuesday, Oct. 7 at 6 p.m.
All hearings will take place in the Cornelia City Hall Courtroom, 181 Larkin Street.
City officials encourage all concerned citizens to attend and share their views before the millage rate is finalized.
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