PUBLIC HEARINGS SCHEDULED FOR 2020 MILLAGE RATE
The City of Oxford Mayor and City Council will discuss
whether the millage rate for city property should remain at 6.662 mills for the
year 2020. The result of maintaining the
same millage rate as in the year 2019 will result in a property tax increase
for property owners whose assessed value on their property has increased in
2020.
Each year, the Newton County Board of Tax Assessors is required
to review the assessed value for property tax purposes of taxable property in
the city. When the trend of prices on
properties that have recently sold in the city indicate there has been an
increase in the fair market value of any specific property, the board of tax
assessors is required by law to re-determine the value of such property and
adjust the assessment. This is called a reassessment.
When the total digest of taxable property is prepared,
Georgia law requires that a rollback millage rate must be computed that will
produce the same total revenue on the current year’s digest that last year’s
millage rate would have produced had no reassessments occurred.
All concerned citizens are invited to the public hearings on
this issue to be held via teleconference on July 27, 2020 at 9:00 am and 6:00 pm and
on August 3, 2020 at 7:00 pm.
To join via VoIP/internet or telephone, please see the conference information for each public hearing below:
9:00 am on July 27, 2020: Phone Number - 1-646-558-8656. The access code is 927 1282 6028. The password is 674916.
VoIP/internet - July 27 9:00 a.m. Public Hearing
6:00 pm on July 27, 2020: Phone Number - 1-646-558-8656. The access code is 994 7765 8244. The password is 741733.
VoIP/internet - July
27 6:00 p.m. Public Hearing
7:00 pm on August 3, 2020: Phone Number -1-646-558-8656. The access code is 930 9746 0992. The password is 730536.
VoIP/internet - Aug 3
7:00 p.m. Public Hearing
The teleconference for each public hearing will also be
broadcast live at Oxford City Hall, 110 W. Clark Street. Seating will be arranged to enforce social
distancing, and attendees will be required to wear masks. Masks will be provided to attendees who do
not have them.