NOTICE OF PROPERTY TAX INCREASE
Posted By: Finance on Jul-24-2020 @ 01:27 pm
The Cherokee County Board of Commissioners has tentatively adopted a millage rate which will require an increase in property taxes by 33.18% percent.
All concerned citizens are invited to the public hearings on this tax increase to be held at the Cherokee County Administration Building and Conference Center, 1130 Bluffs Parkway, Canton at the indicated times: August 4, 2020 at 11:00AM, August 4, 2020 at 6:00 PM; and August 12, 2020 at 6:00 PM.
This tentative increase will result in a millage rate of 6.767, an increase of 1.686 mills. Without this tentative increase, the millage rate will be no more than 5.081.
The proposed tax increase for a home with a fair market value of $275,000 is $177.03, and the proposed tax increase for a non-homestead property with a fair market value of $250,000 is $168.60.