Peachtree City's 5.84-mill rate is a 3.05% tax increase under Georgia law. Hearings 9:30 a.m. and 5:15 p.m. Thursday; council votes Oct. 21. Schools vote Oct. 19.
Peachtree City plans to keep its property tax rate at 5.84 mills for 2026. Because home values rose, Georgia law counts that as a 3.05% tax increase. The City Council holds two public hearings on the rate Thursday, Oct. 8, and votes on it Wednesday, Oct. 21.
The Fayette County Board of Education is doing the same with its own rate. It plans to keep 19.6 mills, which state law counts as a 0.79% increase. Its last hearing and its vote are Monday, Oct. 19.
Together the two rates make up most of a Peachtree City homeowner’s tax bill. The school board’s rate is more than three times the city’s.
The city’s rate
The city’s finance director, Kelly Bush, set out the numbers in a memo in the council packet for Thursday’s 9:30 a.m. meeting:
- Proposed rate: 5.84 mills, unchanged from the current rate.
- Rollback rate: 5.667 mills. That is the rate that would raise the same money as last year from existing property, once growth in values is taken out.
- Gap: 0.173 mills above the rollback rate, which the city must advertise as a 3.05% property tax increase.
- Money raised: an estimated $24,469,655 for the 2027 fiscal year.
“Maintaining the current rate of 5.84 mills would generate additional revenue from that growth,” the memo said. It added that individual bills “will vary based on taxable value and applicable exemptions.”
The city’s five-year history of the levy, published in the same packet, shows the city’s net taxable digest rising to $4,190,009,369 from $4,080,100,165 last year. The levy would rise by $641,870, or 2.69%.
| Year | Net rate (mills) | Net taxes levied | Change |
|---|---|---|---|
| 2021 | 6.043 | $16,598,079 | 0.86% |
| 2022 | 6.043 | $19,517,063 | 17.59% |
| 2023 | 6.043 | $21,966,029 | 12.55% |
| 2024 | 5.983 | $23,618,694 | 7.52% |
| 2025 | 5.840 | $23,827,785 | 0.89% |
| 2026 (proposed) | 5.840 | $24,469,655 | 2.69% |
When to speak on the city’s rate
All three city hearings are in the council chambers at City Hall, 151 Willowbend Road:
- 9:30 a.m. Thursday, Oct. 8, during the council’s morning meeting
- 5:15 p.m. Thursday, Oct. 8, at a special called meeting with the rate as its only item
- 6:30 p.m. Wednesday, Oct. 21, when the council sets the rate
The dates come from the memo for the 5:15 p.m. meeting and the city’s published notice of the levy history.
The school board’s rate
The school district published its notices on its website, the first notice and the second notice on Oct. 1. They give these figures:
- Proposed rate: 19.6 mills, against a rollback rate of 19.447 mills.
- Gap: 0.153 mills, a 0.79% increase.
- On a home worth $575,000: about $34.88 more a year.
- On non-homestead property worth $625,000: about $38.25 more a year.
The district said costs are rising from inflation and salary increases. It said health insurance costs through the State Health Benefits Plan have “more than doubled since fiscal year 2022.”
The board scheduled its first two hearings for Monday. Its last hearing is at 6:30 p.m. Monday, Oct. 19, at the Board of Education, 205 LaFayette Ave. in Fayetteville, about seven miles east. The board adopts the rate at 7 p.m. the same evening.
What it means for you
- Your city and school rates would not change. Your bill could still rise if your assessed value went up and your exemptions do not cover the rise.
- You can speak at any of the hearings listed above.
- Questions on the city’s rate go to Financial and Administrative Services at City Hall. Questions on the school rate go to the district’s chief financial officer, Thomas J. Gray, at 770-460-3535, ext. 1027, the contact the district listed in its notice.
- Our property taxes guide explains how Georgia turns a millage rate into a bill, and how to file for a homestead exemption or an appeal.
Also on Thursday’s council agenda: $6 million for the police buildings and a burn ban change.
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