Peachtree City homeowners will pay a little more in property taxes this year — not because the city raised its rate, but because it didn't lower it enough to offset rising property values.
The Peachtree City Council voted unanimously to hold the city's 2026 maintenance and operations millage rate at 5.840 mills, the same figure as the prior year. Because assessed property values have climbed, keeping the rate flat amounts to a 3.05% increase over the rollback rate.
The council's decision means the city collects more revenue than it would have at the rollback rate.
Under Georgia law, when a local government keeps its millage rate above the rollback rate, it must publicly advertise the decision as a tax increase and hold public hearings before the final vote. The city announced its intention to set the rate at 5.840 mills — and the required notice of a 3.05% increase over rollback — ahead of public hearings set for Oct. 8 and Oct. 21 at City Hall.
The unanimous vote signals no dissent on the council over the tradeoff: a modest increase in tax bills in exchange for budget stability.
Why it matters — Peachtree City property owners will see slightly higher tax bills in 2026, and understanding the rollback-rate mechanism explains why a 'flat' millage rate still produces a tax increase when home values rise.
⚠ Not yet confirmed
- October 28 vote date
- rollback rate of 5.667 mills
- 0.173 mills difference
- $34.60 tax impact example for $500k home
- three specific reasons cited (recurring revenue, HB 581 homestead protections, $200,000 shortfall)
- For a $500,000 fair market value home, the increase over rollback is approximately $34.60
Reported by fayette-news.net, bloximages.chicago2.vip.townnews.com, citizenportal.ai
Where this comes from
Written by Papalocal's AI from these outlets' reporting. It can miss or misread things; the outlets are the record.