BOC Lowers Millage Rate The Cherokee County Board of Commissioners (BOC) unanimously lowered the overall BOC-controlled millage rate from the 2022 rates.At its August 1 meeting, the Board approved (5-0) setting the Maintenance and Operations (M&O) rate at 4.954 mills, the Fire District rate at 2.764 mills, and the Parks Bond at 0.319 mills for a total BOC-controlled rate of 8.037 mills. District 1 Commissioner Steve West made the motion, which was seconded by District 3 Commissioner Benny Carter.The approval also included ratifying the rates set by the Board of Education, which were 16.45 mills for the School Board M&O rate and 1.5 mills for the School Board Bond rate.More than 60% of residential property owners in Cherokee County will see lower tax bills this fall due to lower BOC-controlled rates and a one-time state rebate. In addition to the $5,000 standard homestead exemptions, homestead property values are frozen for the county (M&O) tax when homestead applications are filed. The State of Georgia is using excess funds in state coffers to provide property tax relief to homestead qualifying property owners, equaling a reduction of $18,000 on the property’s assessed value.
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