A DeKalb County assessed increase in the valuation of the real and personal tax digest for 2015 will result in revaluation of real property tax assessments, officials say.
Because the millage rate will remain at 2.795 mills, Brookhaven property owners may see an increase or a decrease in their residential property taxes in 2015, depending on whether individual property was assessed higher or lower by the DeKalb County Tax Assessor’s office this year. Other factors, such as homestead or senior exemptions, also determine individual property tax bills.
The tentative millage rate will require an increase in property taxes by 15.78 percent over the rollback millage rate. Without the tentative tax increase, the millage rate will be no more than 2.414 mills. The proposed tax increase for a home with a fair market value of $300,000 is approximately $43 and the proposed tax increase for non-homestead property with a fair market value of $200,000 is approximately $31.
Brookhaven will hold three public hearings at Brookhaven City Hall, located at 4362 Peachtree Road in Brookhaven.
The first public hearing will be June 9 at 7 p.m. The second public hearing will be a special called meeting on June 16 at 6 p.m. A final public hearing will be held July 7 at 7 p.m. After the final hearing, the millage rate will be formally adopted.