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Property values drop, tax rate goes up
A drop in property values has caused the certified property tax rate for DeKalb County to increase from $1.78 to $1.83 per $100 of assessed value. With the completion of a five-year reappraisal cycle showing a drop in assessments, a new property tax rate has been established by the State Board of Equalization for the 2016-17 fiscal year. While the rate will increase, it will still generate the same amount of property tax revenue for the county government as last year.