FULTON COUNTY, Ga. — Fulton County homeowners now know what they’re likely going to have to shell out based on the county’s valuation of their property in 2019.
Tax assessments were issued on June 18. According to the tax assessor’s website, property owners will receive notices in the mail. Notices are also viewable at fultonassessor.org.
Since 2017, 11Alive News reported that thousands of Fulton County homeowners were getting hit with double digit property assessment increases. Some homes were assessed more than 200% higher, translating into massive property tax increases for homeowners.
Based on discussions across multiple threads on the neighborhood app Nextdoor, residents are again seeing large increases or errors in their assessments.
Some residents have stated they successfully appealed in 2018, which would normally lock in the rate for three years, but were seeing major spikes on this year’s assessment. Others have said their assessment skyrocketed.
Senior citizens and residents in gentrified neighborhoods previously told 11Alive News that they were being taxed out of their homes.
The tax assessor’s website says that every property is assessed and must be within 10% of fair market value, according to Georgia law.
Property owners who do not believe their 2019 assessment reflects the fair market value may file an appeal by August 2. Appeals may be submitted online, by mail or hand-delivered.
Nine new homestead exemptions were created by the General Assembly and adopted by voters in 2018, according to the tax assessor’s office. As a result, they said all homestead properties in Fulton County will benefit from at least one new exemption.
New exemptions were applied automatically to properties with an existing homestead exemption. Most of the new homestead exemptions are a form of “floating” exemption, which set a cap on the maximum annual taxable value in any year.
According to the tax assessor’s office, these new homestead exemptions set a base year that is the lowest qualifying value from 2016, 2017 or 2018.
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