Major metro Atlanta school districts intend to opt out of the statewide homestead tax exemption, which will cap yearly property tax increases.
In November, Georgia voters passed a constitutional amendment to create a statewide exemption to the local homestead tax. The tax bases property value on a yearly assessment of the consumer price index to ensure that increases are uniform across the state.
Counties, school systems, consolidated governments and municipalities can opt out of the homestead exemption. Atlanta Public Schools and school districts in Clayton, Cobb, DeKalb, Gwinnett and Fulton counties have publicized their intent to consider this, and are soliciting input through public hearings.
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