Over the coming weeks, the Fayette County Board of Education will host three public meetings to discuss the possibility of no longer being a part of the Fayette County Public School System's adjusted base year ad valorem homestead exemption.
A statute that affects property taxes in school districts, counties, and cities was signed into law in 2024. As an inflation ceiling on property tax assessments, the law directly affects school districts by establishing a statewide floating homestead exemption. On November 5, 2024, the law, which needed a constitutional change, was approved by the general public.
The voter-approved constitutional amendment gives any consolidated government, county, town, or local education system one chance to withdraw from the exemption by March 1st, 2025, provided that specific requirements are met, such as organizing three public meetings. Poster printing is one way to let people know about upcoming meetings.
The Board of Education in Fayette County plans to withdraw. A base year homestead tax exemption was introduced in 2021 and is now in effect in Fayette County. Being a part of the statewide exemption may be challenging and perplexing in places such as Fayetteville since county officials would have to compute and monitor both exemptions annually.
The first public meeting on this issue is scheduled for 6:30 pm on Monday, January 27 at the Lafayette Education Center and is open to all interested residents. Further public meetings on this topic are scheduled for February 10 and February 24 at the same venue.
Location
1240 Highway 54 West
#300
Fayetteville, GA 30214
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Phone
Hours
Mon: 8:30 - 5:00
Tue: 8:30 - 5:00
Wed: 8:30 - 5:00
Thu: 8:30 - 5:00
Fri: 8:30 - 5:00
Sat: Closed
Sun: Closed