July 7, 2021
The Oconee County Board of Education has tentatively adopted a total millage rate of 16.5 mills, the same as last year. Although the millage rate has stayed the same, Georgia law requires the 16.5 maintenance and operations (M&O) millage rate to be advertised as a property tax increase. This is because the assessed value of existing property in Oconee County has increased since last year.
Public hearings are also required, and all citizens are invited to the hearings. The hearings will be held in the Board Room at 34 School Street, Watkinsville on July 19 at 9 a.m. and 5:30 p.m., as well as July 26 at 6 p.m.
This tentative increase will result in a millage rate of 16.50 mills, an increase of 0.882 mill. Without this tentative tax increase, the millage rate will be no more than 15.618 mills. The proposed tax increase for a home with a fair market value of $375,000 is approximately $130.54, and the proposed tax increase for nonhomestead property with a fair market value of $375,000 is approximately $132.30.