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School Property Tax Rates
Monday, 18 August 2014

August 18--  School property tax rates in Vidalia, Toombs and Montgomery counties are remaining the same this year, but there's more to the story.

In Vidalia, the city school system is at its legal limit of 15 mils for most residents, but for those Vidalia residents who live in Montgomery County, there is a minor rollback to 13.96 mils, according to School Superintendent Dr. Garrett Wilcox.

"Montgomery County went through a revaluation and their digest actually increased.  That would have meant about $14,000 for the Vidalia school system, but we voted for a rollback which will mean no additional revenue," Wilcox said.

Meanwhile, the Montgomery County school board is not rolling back the mil rate which remains at 13.421 mils.

School Superintendent Randy Rodgers says the new digest is generating about $76,000 more in revenue.  He estimates the school system will have a fund balance of $736,553 at the end of fiscal year 2015 next summer.

In Toombs County, the tax digest went down about $9 million which means a decrease in school tax revenue of just over 2% or about $114,000.

Even so, the Toombs County school board has okayed a tentative mil rate of 13.956 mils, the same as last year, which is expected to get final approval at its September meeting. 

The school board approved its 2015 budget at its August meeting which anticipates local tax revenue of just over $5 million and a general fund balance of $76,467.20 at the end of the fiscal year.

The school board also voted to submit a bid to the People's Bank for the old bank building at 113 Northeast Broad Street in Lyons.  The five-year lease with option to buy would give the school system a new central office. according to School Superintendent Dr. Kim Corley.

In Vidalia, the school board is looking at options regarding Vidalia High School.

"We're going to sit down and see from a renovation standpoint and maybe some additions, if our state money would go farther with what the state now deems as modification funding versus what we'd receive if we started from ground zero and built a brand new building," Superintendent Wilcox said.

He hopes some decisions will be made by the end of the year.

 
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