Property assessments headed to Bibb County taxpayers, assumes proposed tax cut passes
BIBB COUNTY, Ga. (WGXA) - Property owners in Bibb County will soon be receiving new value assessments.
Bibb County leaders announced that assessments will be mailed to all Bibb County taxpayers on Friday. The value shown on your assessment will be as of January 1, 2023. Taxes owed are based on the 2022 millage rate but will include the impact of a 5-mill reduction courtesy of a proposed tax cut in Mayor Lester Miller's budget, which is still going through the approval process.
The 5-mill reduction is courtesy of the Other Local Option Sales Tax (OLOST), which was approved by more than 80 percent of voters. The OLOST included a promise from county leaders that the money collected would be used to roll back the millage rate. More than 70 percent of funds from the OLOST are paid for by people who do not live in Macon-Bibb County, meaning it's funded by people that travel to and through Macon.
County officials say the actual taxes owed on a property may change from the estimate in the notice due to final approval of the millage rates by County Commissioners and the Board of Education.
Increases in property values are a common occurrence in recent years across the country. Houston County taxpayers saw a double-digit percentage increase in property values earlier this month.
The notices advise that property owners in Macon may appeal a property’s valuation by filing a written appeal within 45 days of receipt of the notices.
