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Old 05-23-2018, 06:39 PM
 
7,700 posts, read 9,537,430 times
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I've never heard of millage rates actually coming down.
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Old 05-23-2018, 07:35 PM
 
Location: Johns Creek area
9,564 posts, read 8,625,825 times
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Quote:
Originally Posted by ATLTJL View Post
I've never heard of millage rates actually coming down.
Or any other tax, for that matter. Certainly not significantly.
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Old 05-24-2018, 06:25 AM
 
Location: Kirkwood
22,166 posts, read 16,163,004 times
Reputation: 4894
Quote:
Originally Posted by ATLTJL View Post
I've never heard of millage rates actually coming down.
Quote:
Originally Posted by AnsleyPark View Post
Or any other tax, for that matter. Certainly not significantly.
From 2017:
Quote:
The city says it expects to roll back the millage rate by 0.01 mills
https://www.ajc.com/news/local-govt-...msXTrZJ9BKmTN/
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Old 05-24-2018, 09:17 AM
Status: "If you like healthcare, you'd better vote Democrat" (set 20 days ago)
 
Location: Atlanta, GA
181 posts, read 74,876 times
Reputation: 425
I have friends who have houses in East Atlanta / Grant Park area who have owned for many years, and now they're getting HUGE increases in assessments. The tax is going up by $1000's with some of these people. How is this remotely fair? This is why Georgia desperately needs a Save Our Homes amendment to the state constitution - this is what saved my butt during the crazy bubble days of the early 2000's.

Anyone on here support such an initiative?
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Old 05-24-2018, 09:20 AM
 
Location: Johns Creek area
9,564 posts, read 8,625,825 times
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Quote:
Originally Posted by cqholt View Post
The exact quote:

The city says it expects to roll back the millage rate by 0.01 mills, but those living in areas where real estate assessments are climbing Midtown, Buckhead, Old Fourth Ward, for instance could see a property tax increase.
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Old 05-24-2018, 10:30 AM
 
1,270 posts, read 630,571 times
Reputation: 1694
Quote:
Originally Posted by Radical_Thinker View Post
I have friends who have houses in East Atlanta / Grant Park area who have owned for many years, and now they're getting HUGE increases in assessments. The tax is going up by $1000's with some of these people. How is this remotely fair? This is why Georgia desperately needs a Save Our Homes amendment to the state constitution - this is what saved my butt during the crazy bubble days of the early 2000's.

Anyone on here support such an initiative?
How is it not fair? The taxes went up $1000s because up until now they've been getting a huge discount. The assessments were much lower than your friends actually paid and what the house is worth. Now the assessment reflects the real value, they should expect to pay their full taxes just like everyone else. If they think the assessment is too high they can appeal, but if they're just angry they aren't getting a massive discount anymore and have to pay the fair share, I don't see the problem.
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Old 05-24-2018, 01:56 PM
 
Location: Atlanta, GA (Sandy Springs)
3,546 posts, read 2,306,391 times
Reputation: 2775
Quote:
Originally Posted by Radical_Thinker View Post
I have friends who have houses in East Atlanta / Grant Park area who have owned for many years, and now they're getting HUGE increases in assessments. The tax is going up by $1000's with some of these people. How is this remotely fair? This is why Georgia desperately needs a Save Our Homes amendment to the state constitution - this is what saved my butt during the crazy bubble days of the early 2000's.

Anyone on here support such an initiative?
If the assessments reflect fair market value than it is more than fair, since the huge increase in home value means that person's net worth has seen a substantial increase because of the much more valuable asset they now own.
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Old 05-24-2018, 02:57 PM
 
Location: Historic West End
3,953 posts, read 3,255,546 times
Reputation: 3769
West End residents and its completely fair and the path to better schools ITP.
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Old 05-25-2018, 07:54 AM
 
279 posts, read 90,260 times
Reputation: 353
While this may be fair it will definitely speed up pushing lower income people out of their homes. I imagine rent prices jumping too.
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Old 05-25-2018, 07:57 AM
 
Location: Historic West End
3,953 posts, read 3,255,546 times
Reputation: 3769
Quote:
Originally Posted by Otakumaster View Post
While this may be fair it will definitely speed up pushing lower income people out of their homes. I imagine rent prices jumping too.
Yes it will and latter is already occurring.
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