The Liberty County Development Authority announces its intention to increase the 2023 property taxes it will levy this year by 14.68% over the rollback millage rate.

Each year, the board of tax assessors is required to review the assessed value for property tax purposes of taxable property in the county. When the trend of prices on properties that have recently sold in the county 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 increase 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 tle current year’s new digest that last year’s millage rate would have produced had no reassessments occurred.

The budget adopted by the LCDA requires that a millage rate higher that the rollback rate, therefore, before the LCDA may set a final millage rate, Georgia law requires that three public hearings be held to allow the public an opportunity to express their opinions on this increase.

Public hearings on the tax increase will be held at Liberty County Development Authority office located at 425 West Oglethorpe Hwy, Hinesville on: Nov. 2 at 12:30 p.m. Nov. 2 at 6 p.m. Nov. 16 at 10 a.m.