The county is on the precipice of
setting in motion a serious of events that could substantially raise your
property taxes.
It has come to light that if the county puts a SPLOST
referendum on the ballot this November, and it passes, the property assessment
freeze will cease to be in effect. We know this now based on a recent review by
legislative counsel of HB 596. The legal opinion concluded that:
"...HB 596 serves to suspend
the homestead valuation freeze currently in effect in DeKalb County if the new
HOST and a Splost are approved in the November election."
That means that 10 years of
increases in your property value, which have been shielded from county and city
taxes, will instantly become taxable. You will be providing the county and
cities with a sales tax and property tax windfall.
Nancy Jester Reports
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