Tax bills lower this year, even with PTC’s 1.25 mill hike

It’s the time of the year for Fayette County property owners to find their annual tax bill in the mailbox. And for those who have yet to open the envelope there is likely a surprise waiting inside.

A combination of property values decreasing by 7.5 percent and a decrease in the Fayette County School System’s bond debt millage rate resulted in a tax bill that is approximately $200 less than last year for a home valued at $200,000.

Fayette County Tax Commissioner George Wingo said his office mailed 40,867 bills for real property and another 2,197 for personal property totaling $140,149,147.

And with taxes for motor vehicles and mobile homes at $10,697,702, Wingo said taxes will total $150,846,849.

That number represents a decrease of approximately $20 million from 2009 receipts.

Wingo said the variables accounting for the $20 million decrease this year are two-fold. Most significant, in terms of total dollars, was the 7.5 percent decrease in property values that accounted for nearly $11.8 million of the $20 million decrease.

The other was the decrease in the Fayette County School System’s debt millage rate that fell from 3.42 mills to 1.65 mills. That decrease amounted to $8.77 million less in taxes billed this year, said Wingo.

As for how 2010 compares to 2009, last year Wingo’s office sent out essentially the same number of tax bills, though the total amounts billed were markedly different.

In 2009 the county billed for approximately $20 million more than in 2010. Those figures included $157,080,795 in real and personal property and $13,297,602 in motor vehicle and mobile home taxes for a total of $170,378,397.

And pertaining to 2010, Tax Assessor Joel Benton said there is a moratorium in effect this year on reassessments. Subsequently, there was no change in a property’s value unless improvements were made to that property.

Benson also noted that that deadline for appealing assessments was June 17, adding that most of the appeals had made their way through the appeals process.

And up next year, Benton said, changes in the law will require that an assessment be issued for all property, even if there was no change in value. In previous years, property owners only received an assessment notice if there was a change in the property’s value.

Also contributing to this year’s lower tax bills is the fact that the county and municipalities held steady on the millage rate despite the effects of the recession.

The exception was Peachtree City, where the council on a 3-2 vote increased the rate by 1.25 mills.

Mortimer's picture
Joined: 10/01/2009
Fayette County Tax

Not true! My Taxes went up.

Spyglass's picture
Joined: 01/28/2008
The total digest is down..

That was the point of the article. Not your individual taxes.

Lira's picture
Joined: 09/29/2010
Illegal Foreclosure

Ally Financial reclaimed houses and evicted residents with property foreclosure documents. It was discovered that these documents weren’t verified for reliability before being submitted. Just one of the Financial Ally employees came forward to admit what was done. He didn’t have a notary present when signing off on as much as 10,000 foreclosures a week and without even reading them. Because this person spoke out to say what he had been doing, 23 states that had homeowners being evicted by Ally Financial, fourth largest mortgage company in the United States, are now having all evictions suspended. Other companies--including Fannie Mae and Freddie Mac--who used Ally Financial to process foreclosure documents may also be affected. The Ally Financial case could give millions of homeowners a stout legal leg to stand on for challenging foreclosure in court.

Courthouserules's picture
Joined: 07/02/2010
Kira and others

Why are people "blaming" this flunky company only for doing it wrong?

The loaners (Banks) hire these shysters to do the dirty work---they are to blame.

One must be careful whom you hire nowadays!
However I am not naive enough to think any bank would be prosecuted for this even though they are the benefactors of the service.

Insayn's picture
Joined: 02/29/2008
Over 5 hours and no naysayers

Over 5 hours and no naysayers yet? Where are the "that's BS" comments? Where are the "thanks Bush/Obama/Santa clause" comments? Where are the "if i were mayor it would be better" comments?

Funny how good news is ignored, bad news and peronal opinions draw comments like flies on dung

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