The millage rate will stay the same, but some Camden County property tax bills may look different.
The Camden County Board of Commissioners announced Thursday that county officials plan to maintain the existing millage rate of 15.79 mills, a decrease of 0.15% below the rollback millage rate of 15.814. The millage rate for unincorporated Camden County will be lowered to 1.40 mills, a decrease of 15.15% below the rollback millage rate of 1.657 mills.
From a press release:
Each year, the Board of Tax Assessors is required by state law to review the assessed value for property tax purposes of taxable property in the county. When the trend of prices on properties that have recently sold in the county indicate there has been an increase or decrease in the fair market value of any specific property, the Board of Tax Assessors is required by law to redetermine the value of such property and adjust the assessment. This is called a reassessment.
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 new digest that last year’s millage rate would have produced had no reassessments occurred. The budget adopted by the Camden County Board of Commissioners allows Camden to maintain its millage rate which is below the calculated rollback.
All concerned citizens are invited to the public meeting of the Camden County Board of Commissioners for adoption on this millage rate on Thursday, August 27, 2020, at 4:00 p.m. The meeting will be conducted virtually due to safety concerns related to the spread of COVID19.
Citizens may call 1-877-369-5243 Access Code 0589757#, to participate.