Property Taxes Could Be Going Up in Chamblee

June 6, 2024
1 min read
Property Taxes Could Be Going Up in Chamblee

🗳️ The Gist: The City of Chamblee, Georgia, is hosting a series of public hearings to discuss the proposed property tax rate for 2024, which is set to remain the same as the previous four years at 6.25 mills.

🤔 Why It Matters: The proposed property tax rate will result in a 7.87% increase in property taxes over the rollback millage rate due to a reevaluation of real property tax assessments by DeKalb County.

📅 Upcoming Hearings:

  • Thursday, June 13, 2024, at 11:30 a.m. and 6:00 p.m. at Chamblee City Hall
  • Wednesday, June 26, 2024, at 6:00 p.m. at Chamblee City Hall (final hearing)

💰 Budget and Tax Rate: The Chamblee City Council adopted a 2024 general fund budget of $33,516,029 with an anticipated property tax rate of 6.25 mills, which has remained unchanged since 2020.

🏠 Homestead Exemption: In 2019, Chamblee approved an additional homestead exemption of $20,000, bringing the total homestead exemption to $50,000.

❓ What is the Millage Rate?: The millage rate is your property tax rate. Your city, county, and school system all set a millage rate. That combined number becomes your overall property tax rate. One mill represents $1 of tax on every $1,000 of taxable property.

💸 Tax Increase Examples:

  • A home with a fair market value of $450,000 would see a tax increase of approximately $79.80.
  • Non-homestead property with a fair market value of $1,400,000 would experience a tax increase of approximately $205.20.

🗳️ Appeal Process: Property owners who wish to appeal their real property tax assessments with DeKalb County can do so by visiting the county’s website.

In The Know: While much attention is given to national politics and the workings of Congress and the White House, local government meetings are where the decisions that impact your daily life are made. City Council, County Commission, School Board Meetings, and Town Halls are where your elected leaders discuss and decide the issues that most effect your family and your community. These meetings are open to the public.

Each week, The Georgia Sun highlights some of the meetings and local government actions you need to know about in your community to keep you informed and to make sure you know what decisions your elected officials are considering and how your tax dollars are being spent.

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