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    Decatur School Board Hosting Special Session to Discuss Tax Implications of $82 Million Bond Request

    Decatur Metro | February 17, 2015 | 8:33 am

    The Decatur School Board has put a special work session on its calendar for next Monday, February 23rd at 6:30p to discuss the $82 million GO Bond the school system has asked the City Commission to put before voters in November.

    AJC’s Bill Banks reports…

    The discussion will likely focus on the potentially dramatic increase in taxes created by an $82 million bond referendum the board will ask city commissioners to put on the ballot in November.

    The millage would shoot up to 4.84 by 2017, meaning the additional annual tax on a $300,000 home would be $726.51, on a $500,000 home $1,210.86 and on a $700,000 home $1,695.20. “The tax implications are huge, and we have to solve them,” Board Chairman Garrett Goebel said during an interview with the AJC. “We need to minimize the impact of taxes because we don’t want to drive the older resident out of the city.” The work session is open to the public. The school board will make its presentation before city commissioners March 2.

    The meeting will take place at the City Schools of Decatur Central Office at 125 Electric Avenue in Decatur.

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    Categories
    education
    Tags
    city schools of decatur, Decatur GO Bond, Decatur school board, Decatur school enrollment, Garrett Goebel
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