(GEORGIA NEWS NETWORK & 97.5 GLORY FM)
Many Georgians voted in November to limit property tax increases, but some school districts – and other local governing bodies in the state – are opting out, and that.
That action is not sitting well with some state lawmakers who may introduce legislation to force compliance due to rising property tax bills, with assessed values in Georgia up nearly 61 percent from 2018 to 2023.
Local school districts are exempting themselves from the cap since they rely heavily on property taxes, unlike cities and counties with other funding options. But some local governments – such as Gainesville – are also saying “no thanks.” Gainesville to opt out of HB 581, too