Georgia schools could lose most if property tax legislation becomes law

Homeowners will get relief from their fast-rising property tax bills and may even see tax cuts if Gov. Brian Kemp signs Senate Bill 33 into law. (Matthew Pearson/WABE)

Homeowners will get relief from their fast-rising property tax bills and may even see tax cuts if Gov. Brian Kemp signs Senate Bill 33 into law.

But many other constituencies stand to lose, including one that cannot vote: children in public schools.

Local governments and schools collect the money they need to pay for operations using a simple formula: property values established by county assessors multiplied by tax rates set by each city council, county commission or school board.