The Town of Trion will hold two public hearings today, Thursday, November 5, concerning a proposed 5.96 percent property tax increase. The hearings are scheduled for 10 AM and 5 PM at the Town of Trion Conference Room. Residents will have an opportunity to comment on the proposed property tax increase before a final decision is made. The town is proposing to maintain its property tax millage rate at 10.781 mills. However, because of increases in assessed property values, keeping the millage rate unchanged would result in additional property tax revenue for the town. Under Georgia law, that additional revenue is advertised as a tax increase because the town is not adopting the lower rollback millage rate. For a home with a fair market value of $175,000, the proposed increase would amount to approximately $19.45 in additional annual property taxes, assuming the same exemptions and other applicable factors. A third public hearing is scheduled for Thursday, November 12, at 6 PM, also at the Town of Trion Conference Room. Residents who want to learn more about the proposed millage rate or express their opinions are encouraged to attend one of the public hearings.
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