NOTICE OF PROPERTY TAX INCREASE
The City of Hoschton has tentatively adopted a millage rate, which will require an increase in property taxes by 100% percent. All concerned citizens are invited to the public hearing on this tax increase to be held at the
Hoschton Train Depot (4272 Highway 53 – Hoschton), on September 1, 2022, at 6:00pm. Times and places of additional public hearings on this tax increase are at the
Hoschton Train Depot (4272 Highway 53 – Hoschton), on September 8, 2022, at 10:00am and 6:00pm. This tentative increase will result in a millage rate of 3.5 mills, an increase of 3.5 mills. The millage rate will be no more than 3.5 mills.
The proposed tax increase for a homesteaded property with a fair market value of $300,000 is approximately $420.00 and the proposed tax increase for non homestead property with a fair market value of $225,000 is approximately $315.00.
Please call City Hall for all questions or concerns – City Hall 706-654-3034
NOTICE OF PROPERTY TAX INCREASE | ||||||
The City of Hoschton Mayor and Council do hereby announce that the millage rate will be set at a meeting to be held at the Hoschton Train Depot (4272 Highway 52 – Hoschton) on September 8, 2022 at 6:00 P.M. and pursuant to the requirements of O.C.G.A. Section 48-5-32 does hereby publish the following presentation of the current year’s tax digest and levy, along with the history of the tax digest and levy for the past five years. | ||||||
CURRENT 2022 TAX DIGEST AND 5 YEAR HISTORY OF LEVY | ||||||
INCORPORATED | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Real & Personal | 67,228,171 | 77,288,888 | 95,013,791 | 114,510,452 | 159,943,097 | 219,007,512 |
Motor Vehicles | 1,864,470 | 1,477,720 | 1,221,410 | 1,232,880 | 980,090 | 980,060 |
Mobile Homes | 18,742 | 21,559 | 21,521 | 20,569 | 17,941 | 18,961 |
Timber – 100% | 0 | 0 | 0 | 0 | 0 | 0 |
Heavy Duty Equipment | 0 | 0 | 0 | 0 | 0 | 0 |
Gross Digest | 69,111,383 | 78,788,167 | 96,256,722 | 115,763,901 | 160,941,128 | 220,006,533 |
Less Exemptions | 0 | 0 | 0 | 0 | 0 | 0 |
NET DIGEST VALUE | 69,111,383 | 78,788,167 | 96,256,722 | 115,763,901 | 160,941,128 | 220,006,533 |
Gross M&O Millage | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 5.900 |
Less Rollback (LOST) | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 1.900 |
Net M&O Millage Rate | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 3.500 |
Net M&O Taxes Levied | $0 | $0 | $0 | $0 | $0 | $770,023 |
Net Taxes $ Increase | #VALUE! | $0 | $0 | $0 | $0 | $770,023 |
Net Taxes % Increase | #VALUE! | #DIV/0! | #DIV/0! | #DIV/0! | #DIV/0! | 100.00% |