With the approval of the 2011 budget by the Gwinnett County Commission on Tuesday, the stage has been set for a property tax increase later this year. Although numerous factors influence the imperative to generate additional revenue, I invite you to consider the following: 1. Since 2005, the year that the economic downturn really kicked [...]
Posts Tagged ‘gwinnett tax increase’
Another Tax Increase Probable in Gwinnett
Posted by BobG on January 5th, 2011
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Lower Property Value, But Maybe No Lower Tax Bill
Posted by BobG on April 9th, 2010
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 [...]
Tax Increase `Bait and Switch`
Posted by BobG on December 4th, 2009
Gwinnett Daily Post reporter Camie Young touches briefly on an alarming revelation: the County Commission may not spend revenue from the recently-passed tax increase on police officers, fire stations and libraries after all. Instead, the county may apply the funds to the county’s growing accrued liabilities: The $59 million Gwinnett County will collect next spring [...]
