There was an article on
cumminghome.com today stating that Governor Sonny Perdue has proposed the elimination of the Georgia Homestead Tax Relief Grant Program. Due to the $2.2 billion budget shortfall Georgia is facing, Governor Perdue recommends not reimbursing the local governments for the homestead tax break they passed onto homeowners in 2008. Bottom line: If this passes, local governments will have to send every homeowner a bill for the amount that their homestead exemption save them. On average this would be a $200 - $300 bill received during a time when many are already suffering from job loss and lessened incomes.
Click here to read the article posted at
www.cumminghome.com by the Association County Commissioners of Georgia (ACCG). I encourage you to write to your legislators and discourage them from acting on this proposal immediately.
Labels: georgia homestead tax relief grant, homestead exemption, property tax
