Hall County Schools is set to rollback the millage rate for fiscal year 2026.
According to finance officer Jonathan Boykin, the proposed rate is 14.933 mills, which is a rollback from the 14.99 millage rate set in FY 2025.
The preliminary budget for FY 2026 is $380.1-million, a roughly 4.4% increase from the previous year.
There is a proposed $7.1-million increase in health insurance premiums, a proposed $1.5-million increase for additional staff, notably for special education, and $2.7-million in employee step raises.
Teacher retirement is also expected to raise by nearly $2.2-million and custodial/general insurance increases are epxected to go up by $600,000.
A rollback rate is meant to offset increases in assessment values or inflation for property owners.
Boykin said the proposed millage rate is the full rollback rate given to them by the tax assessor.
Property taxes are based on 40% of their assessed fair market values, meaning a home assessed at $300,000 would be taxed on $120,000. A mill is a tax of $1 per $1,000, meaning a $300,000 property with the current proposed rate would see a $1,792 bill for Hall County Schools.