This notice indicates that the Governing Authority of Clayton County is considering opting out of a statewide property tax exemption policy known as the "adjusted base year ad valorem homestead exemption."
Here's a breakdown of what it means:
1. Ad Valorem Homestead Exemption:
This is a type of property tax break that reduces the taxable value of a homeowner's property. The "adjusted base year" refers to the taxable value being capped or limited to prevent large increases over time, based on the property’s value during a specific year.
2. Opting Out:
If Clayton County opts out of this exemption, homeowners in the county may no longer benefit from the tax cap or reduction provided under the statewide policy. This could potentially lead to higher property taxes for homeowners if their property values rise significantly.
3. Public Hearing:
The notice invites concerned citizens to attend public hearings to voice their opinions, ask questions, or gather more information. These meetings are an opportunity for the community to influence the decision.
4. Details of the Hearings:
Location: 112 Smith Street, Jonesboro, Georgia 30236.
Dates & Times:
February 4, 2025, at 6 p.m.
February 18, 2025, at 11 a.m.
February 18, 2025, at 6 p.m.
Attending these hearings can help residents understand how this change could affect them and allow them to express any concerns directly to the governing body.
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