Lower Property Value, But Maybe No Lower Tax Bill
The AJC reports that Gwinnett County has adjusted the assessed value of tens of thousands of residential properties downward:
The vast majority of the 120,000 residential property notices issued in the first batch will show an average value decrease of 17 percent or $35,000 of market value, Pruitt said. The sum of all decreases for residential property totals approximately $4.2 billion of market value.
As I explained in “Tax Digest Time Bomb,” the lower tax value may not necessarily translate into a lower tax bill. In fact, as a result of the 2009 tax increase that is being continued for 2010, you will probably pay a lot more than in previous years.
Categories: Gwinnett Stuff, Millage Rates & Taxes, Politics & Government Tags: gwinnett county budget, gwinnett tax increase, millage rate
More Budget Shenanigans in Gwinnett
The budget that the County Commission is poised to approve on Tuesday is not the same budget about which the county held public hearings last year. It also appears that Chairman Charles Bannister plans to exact a little political payback on a fellow Commissioner, but it will be the residents of Commission District 3 who will suffer.
Budget `Bait and Switch`
Bannister presented his 2010 budget to the other Commissioners and to the public on December 1, as required by law. The law is designed to give the public ample opportunity to review the document prior to its adoption. The required public hearings were also held. Read more…
Categories: Gwinnett Stuff, Millage Rates & Taxes, Politics & Government Tags: charles bannister, gwinnett county budget, higher taxes, millage rate
The Tax Increase: Myths and Misconceptions
At SaveGwinnett.com, I have published the first of several articles on the Gwinnett County Commission’s proposed millage increase:
If you’re totally against a tax increase, you face an uphill battle. The reality is that there are already enough votes to pass the tax hike as proposed. Chairman Bannister has signaled that he will support it, as has Kevin Kenerly, who isn’t running for reelection. Shirley Lasseter is a sure second vote for Bannister; Bert Nasuti is also a lame duck but is open to reason. Only Mike Beaudreau is expected to oppose it.
There is, however, plenty about this proposal to criticize. As I will explain, the increase could be reduced by 32% and still fund the full restoration of service levels for this year.
SaveGwinnett.com » The Tax Increase: Myths and Misconceptions
