PTC schedules tax increase hearings

Tue, 07/24/2007 - 4:30pm
By: John Munford

Even though Peachtree City is not planning to raise its millage rate this year, the net result will be a property tax increase for home and business owners whose assessed property values increased from last year to this year.

Because of this, the city will hold three public hearings to take input from residents about the proposed millage rate of 5.533 mills. The first two hearings will be held on the same day — Monday, July 30 at 8:30 a.m. and 6:30 p.m. — followed by a third hearing Monday, Aug. 6 at 7:30 a.m.

All three hearings will be conducted at City Hall and will be before the City Council.

The millage rate is used to calculate the amount of property taxes for a given parcel. This proposed 2007-2008 city budget totals $28.36 million, and includes six new firefighters and three new police officer positions in addition to an accountant and a one-year contract for a full-time assistant city planner.

Council plans to spend down the city’s cash reserves, using $852,000 to balance the budget, which will still leave the city with a healthy cash reserve on hand for emergencies, officials have said.

The general fund budget represents a 9.25 percent increase from last year.

The six new firefighters will add two firefighters per shift, and the city is hopeful the new staffing will allow the city’s ISO rating to be dropped, which would result in homeowner’s insurance savings for residents.

The three new police positions are being added to patrol the city’s cart paths, but Police Chief James Murray said he won’t be able to assign officers to that beat until his department gets up to a full staffing level. Once five officers currently at police academy are hired, the department will still have several open positions and several other officers are planning to leave, Murray has said.

In a bid to recruit more police officers, the city is also budgeting a 4.5 percent hike to the starting pay for police officers and corporals, though that figure is well short of the initial raises sought by Murray. In previous budget meetings, council has discussed the possibility of phasing in additional increases by evaluating the issue each year.

Murray has said that the city’s low starting salary is a significant reason potential recruits are bypassing Peachtree City to join other agencies which offer a more attractive pay scale.

login to post comments

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Main Stream's picture
Submitted by Main Stream on Wed, 07/25/2007 - 8:26pm.

We appealed our property assessment this year, and won. Our assessed value decreased, just like the current real estate market has. The only way to get 'city hall' to play fair, is to take control of our lives and make our voices heard. In our case at least, they listened.


Submitted by dollaradayandfound on Wed, 07/25/2007 - 6:13pm.

The PTC budget is being increased by 9.5% but no mil increase is anticipated due to property values increasing!

Now some might think that, well (as Reagan used to say) that sounds about right due to all the new banks, doctor's offices, and drug stores that have been built.

However, as I understand it, my home tax will also increase due to homes selling for more than last year.

I suppose that could be true if any homes much were actually selling!

Those that are are selling are down in their selling price, considerably from the valued prices.

My question is this: how many years does the home values have to decrease from previous year before we get a tax reduction for the value and for millage rate? And will the town budget continue to increase about 10% every year no matter what happens?

Is there any chance that schools will ever cost less, employees will ever decrease, cars will be driven 10 years, salaries will be cut, trips will be cancelled, and since development is costing more than it pays (no factories) will home development decrease?
Silly questions aren't they?

Submitted by McDonoughDawg on Thu, 07/26/2007 - 7:02am.

They are selling in my neighborhood, and they are bringing good prices, in my opinion. Must be the neighbors. Smiling

Submitted by dollaradayandfound on Thu, 07/26/2007 - 7:28am.

and the price of tea in china is "cheap."
Haven't you heard anything lately about foreclosures?

Submitted by fvillega on Wed, 07/25/2007 - 9:33pm.

The way I understand millage rates is that if the city council doesn't offset or reduce the millage rate our taxes go up. That's why they make them have three public hearings when they aren't going to reduce the millage rate. There's a real good site that explains millage rates, I think it's something like millage.org. If you go to Google and do a search on millage rates it should be about the first one that pops up. Either way, the city council can't INCREASE millage rates. If they don't reduce the rate from whatever the state sets and your property value increases you are going to pay more taxes. The county and the school board also have to set millage rates. Neither one is going to reduce the rate so our taxes are going to bite us in the you-know-what.

nuk's picture
Submitted by nuk on Thu, 07/26/2007 - 5:37am.

"Either way, the city council can't INCREASE millage rates."

Sure they can...they are the authority that sets the rate and certainly can increase it. PTC isn't planning to do that; they are planning leaving it where it is. Under GA law, when reassessments cause a rise in value and the millage rate stays the same, that's a tax increase. This was one of Roy Barnes' issues when he was governor that became law.


Submitted by dollaradayandfound on Thu, 07/26/2007 - 7:46am.

That is why King Roi is hated so by town and city officials and employees----they used to "kiver-up" tax increases with the BS!
Newspaper articles by the municipalities used to be released one at a time: one which said taxes going down; and another that said homes values going up---all good news. What it meant however was: you are going to pay more dollars than last year!!!!!
They hate good old Roy for thinking of us!!!!

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.