Millage Rate Hearing 7 28 26

This meeting was a Millage Rate Hearing held by the Coweta County Board of Education on July 28, 2026. The board discussed maintaining the millage rate for maintenance and operations at 15 mills, which would result in a 1.78% increase in property tax revenue over the rollback millage rate. The total property digest slightly decreased by 0.05%, but holding the millage rate steady is expected to generate approximately $3 million more in revenue than anticipated, improving reserve estimates. The board reviewed budgetary impacts including increased costs exceeding $5 million, declining state funding, and the local fair share funding obligations. They also discussed the impact of senior exemptions reducing tax revenue by about $6.7 million. The board noted that the 15 mill rate remains the lowest in the metro area and represents a continuation of recent reductions from previous years. The meeting concluded with a unanimous vote (6-0) to adjourn, with no public comments or opposition to the proposed millage rate.