Valdosta Daily Times

Local News

July 13, 2008

Echols BOE intends to raise property taxes

The Echols County Board of Education today announces its intentions to increase the property taxes it will levy this year by 3.96 mills to service the bond payment for construction of the new K-8 school.

On Nov. 6, 2007, a referendum was held on the question of “Shall the Board of Education be authorized to issue a total of $8,600,00 in General Obligations Bonds to pay the cost of acquiring, constructing, and equipping a new school?” 75.16 percent of the voters approved this question. $8,000,000 of bonds have been issued that requires 3.96 mills of ad valorem taxes to make the principal and interest payment due in 2009.

All concerned citizens are invited to the public hearings on this tax increase to be held at the Echols County Board of Education office, 216 Hwy. 129 N. Statenville, Georgia on July 22, 2008, at 9 a.m. and 3 p.m. and on July 29, 2008 at 6:30 p.m.

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