Notice of Property Tax Increase

NOTICE OF PROPERTY TAX INCREASE 

The Cook County Board of Commissioners  has tentatively adopted a 2023 millage rate which will require an increase in property tax by 1.09 percent. 

All concerned citizens are invited to the public hearing on the tax increase to be held at the Cook County Administration Building located at 1200 S Hutchinson Avenue, Adel, GA on August 7, 2023, at 6:00pm. 

Times and places of additional public hearings on this tax increase are at the Cook County Administration Building located at 1200 S Hutchinson Avenue, Adel, GA on August 21, 2023, at 10:00am and 6:00pm. 

This tentative increase will result in a millage rate of 11.862 mills, an increase of 128 mills. Without this tentative increase, the millage rate will be no more than 11.734 mills. The proposed tax increase for a home with a fair market value of $100,000 is approximately $4.87 and the proposed tax increase for non-homestead property with a fair market value of $300,000 is approximately $15.36. 

Property tax increases can be a significant factor for homeowners when assessing their future in a community, especially if rising rates add to already tight financial burdens. With the tentative increase in Cook County’s millage rate, many homeowners may feel the impact on their yearly expenses, especially if they own multiple properties or non-homestead investments.

Such increases, while essential for county services, can prompt property owners to evaluate their options. For some, this might be an opportune time to consider alternative solutions, such as reinvesting or relocating to areas with lower tax rates. Evaluating options in this light can help property owners make financially sound decisions that align with their long-term goals.

For those looking to adjust their real estate holdings, working with Trusted Home Buyers in Long Island provides a straightforward solution that doesn’t require homeowners to navigate lengthy sale processes or make extensive repairs. When tax pressures become a factor, selling to a reliable cash buyer offers a hassle-free way to move forward without the ongoing financial strain.

Trusted cash buyers streamline the sale, allowing homeowners to reinvest or relocate quickly, and they often purchase properties as-is, eliminating the need for additional costs. This option provides property owners with both peace of mind and financial flexibility, making it a viable choice for those affected by increased tax rates and ready to explore new opportunities.