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Decatur City Schools have adopted insufficient tax rate

September 16th, 2005 Leave a comment Go to comments
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This DeKalb County city school system projected that $18,268,563 of its $29.3 million 2005-2006 budget would have to come from property tax dollars. However, the School Board has adopted a millage rate of 19.05, which is expected to bring in $219,509 less than would be produced by a mathematical millage.

The mathematically-correct millage rate is 19.282.

The school tax bill for the owner of a $150,000** home will be $1,143; however, he/she should pay $13.90 more to fully fund the budget.

See the math

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