Franklin BOC, Franklin BOE Set Public Hearings for 2026 Millage Rates – 92.1 WLHR

Franklin BOC, Franklin BOE Set Public Hearings for 2026 Millage Rates – 92.1 WLHR

Franklin County has set a tentative millage rate for 2026. The current millage rate is 8.364, and the recommended 2026 millage rate is 8.350. Speaking at the County Commission work session last month, County Manager Terry Harris said Franklin County’s inflationary growth was minimal last year. In Georgia, property is generally assessed at 40% of its fair market value before the millage rate is applied. Harris said that in order to keep from raising property taxes on last year’s inflationary growth, the County must roll back the millage rate for 2026. A rollback rate is designed to prevent local governments from automatically collecting more tax money just because property values increased. But Harris said that before the County can pass the millage rate, they must wait for the Board of Education to pass their 2026 millage rate. The Franklin County Board of Education has tentatively adopted a millage rate that will require an increase in property taxes by 5.61 percent. The increase will result in a millage rate of 14.760 mills, an increase of 0.784 mills. The proposed tax increase for a home with a fair market value of $275,000 is approximately $85, and the proposed tax increase for nonhomestead property with a fair market value of $175,000 is approximately $55. Three public hearings will be held at the Board of Education offices on Busha Rd in Carnesville on August 13 at 5 p.m. and on August 20 at 8 a.m. and 6 p.m. The Franklin County Board of Commissioners will then set the…

Read the full story at 921wlhr.com →

Share

*This content (including text, artwork, graphics, photography, and video) was provided by the third party(ies) as referenced above. Any rights or other content questions or inquiries should be directed to such third-party provider(s).

The Morning Brief

Local news that matters, in your inbox.