Homestead exemptions available to Fannin residents

News

BLUE RIDGE, Ga. – At their Jan. 12 meeting, the Fannin County Board of Assessors discussed changes to homestead exemptions for 2018 as mandated by the Georgia Department of Revenue.

The maximum amount of social security and retirement income for senior households seeking homestead exemptions has increased from $64,488 in 2017 to $66,912 this year. In addition, the exemption amount for disabled veterans, un-remarried surviving spouses of disabled veterans, or un-remarried surviving spouse of a service member killed in action has increased from $77,307 in 2017 to $81,080 this year.

Here is a current list of homestead exemptions available to Fannin County tax payers in 2018:

  • Standard Homestead Exemption – available to Fannin County residents for property up to 10 acres deemed to be residence, deducts $2,000 off the 40 percent assessed value for county and school mill rate levies and establishes a freeze on the assessed value of such property for county mill rate levy;
  • Homestead for 62 and older – available to Fannin County residents for property up to 10 acres deemed to be residence, deducts $2,000 off assessed value for county mill rate levy  and $20,000 off assessed value for school mill rate levy if income falls between $10,000 and $20,000 and social security and retirement income is less than $66,912, deducts $2,000 off assessed value for county mill rate levy and $30,000 off the assessed value for school mill rate levy if income is less than $10,000 and social security and retirement income is less than $66,912 and freeze on the assessed value of such property for county mill rate levy;
  • Homestead for 65 and older –  available to Fannin County residents for property up to 10 acres deemed to be residence, deducts $2,000 off assessed value for county mill rate levy  and $20,000 off assessed value for school mill rate levy if income falls between $10,000 and $20,000 and social security and retirement income is less than $66,912, deducts $4,000 off assessed value for the county mill rate levy and $30,000 off the assessed value for school mill rate levy if income is less than $10,000 and social security and retirement income is less than $66,912 and freeze on the assessed value of such property for county mill rate levy;
  • Homestead for 70 and older – available to Fannin County residents for property up to 10 acres deemed to be residence, deducts $2,000 off assessed value for county mill rate levy  and $20,000 off assessed value for school mill rate levy if income falls between $10,000 and $20,000 and social security and retirement income is less than $66,912, deducts $4,000 off assessed value for the county mill rate levy and $30,000 off the assessed value for school mill rate levy if income is less than $10,000 and social security and retirement income is less than $66,912 and establishes a freeze on the assessed value of such property for county and school mill rate levy.
  • Disabled Veterans Homestead Exemption – available to 100 percent disabled veterans, un-remarried surviving spouse of a disabled veteran or un-remarried surviving spouse of a service member killed in action, deducts $81,080 off of maintenance and operations portion of the county and school mill rate levies, and establishes freeze on assessed value of homestead property for county mill rate levy; and
  • Un-remarried Surviving Spouse of Firefighter or Peace Officer Killed in the Line of Duty – granted total exemption from county and school tax levies.

The deadline for applying for a homestead exemption in 2018 is April 1. For further information concerning homestead exemptions, visit the Fannin County Board of Assessors office at suite 102 of the courthouse on 400 West Main Street in Blue Ridge or call the office at 706-632-5954.

 

Fetch Your News is a hyper local news outlet that attracts more than 300,000 page views and 3.5 million impressions per month in Dawson, Lumpkin, White, Fannin, Gilmer, Pickens, Union, Towns and Murray counties as well as Cherokee County in N.C. FYNTV attracts approximately 15,000 viewers per week and reaches between 15,000 to 60,000 per week on our Facebook page. For the most effective, least expensive local advertising, call 706-276-6397 or email us at advertise@FetchYourNews.com

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Jason Beck

Born in Merrillville, Indiana, raised in Cleveland, Tennessee, and currently resides in Copperhill, Tennessee. Graduated from Bradley Central High School in 1996 and attended the University of Tennessee at Chattanooga, eventually earning a B.A. and M.A. in English. Hobbies include hiking, camping and fly-fishing. Interests include baseball, hockey and cliff jumping.

Dr. Gwatney Shares His Views About School Tax Exemption

Education, News

BLUE RIDGE, Ga. – Fannin County School Superintendent Dr. Michael Gwatney presented his stance concerning school tax exemption for seniors in Fannin County.

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Dr. Gwatney presents his concerns about upcoming Town Hall discussion.

An upcoming Town Hall is scheduled for Thursday, Nov. 16, 2017, at 5:30 p.m. This meeting will take place in the Jury Assembly Room of the Fannin County Courthouse.

State Representative David Ralston and State Senator Steve Gooch will be present to hear arguments from both sides.

If representatives decide to move forward, the possible Senior Homestead Exemption would have to be approved by the 2018 session of the Georgia General Assembly and then would be decided by Fannin County voters in the 2018 general election.

Dr. Gwatney addressed the board and residents present at the November 9 Board of Education meeting.

Gwatney cited statistics for Fannin County and for the Fannin County School System. According to these statistics, just under 30 percent of residents in Fannin County could benefit from this possible Homestead Exemption.

This large portion of the population, if passed, could account for schools in Fannin County losing up to $1.4 million annually.

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Board of Education members listen to Dr. Gwatney’s presentation.

Gwatney pointed out that, “The only generation that will benefit from the exemption is the one that will be exempt now; all other generations will pay more taxes.”

A similar exemption passed in Gilmer County. Dr. Gwatney showed that after the exemption was passed, it had a negative effect on the area. The millage rate increased to account for the loss, putting a heavier burden on those not exempt from the tax.

Gwatney also cited that Gilmer experienced furloughs and a closing of a school. He stated that the citizens of Gilmer County “paid more for less.”

According to the Georgia School Superintendents Association, the current average millage rate for schools in Georgia is 16.36. Fannin County’s school millage rate sits at 11.23.

Gwatney stated, “This board has shown consistent, conservative leadership in respect with people’s money.”

He showed that while Fannin County has a lower millage rate than the average for the state, Fannin County still is able to spend more per student than the average amount spent statewide.

Dr Gwatney concluded, “My opportunities here were possible due to the effort of the previous generation.”

He added that this is “my opportunity to stand up for our next generation of Fannin County.”

 

Fetch Your News is a hyper local news outlet that attracts more than 300,000 page views and 3.5 million impressions per month in Dawson, Lumpkin, White, Fannin, Gilmer, Pickens, Union, Towns and Murray counties as well as Cherokee County in N.C. FYNTV attracts approximately 15,000 viewers per week and reaches between 15,000 to 60,000 per week on our Facebook page. For the most effective, least expensive local advertising, call 706-276-6397 or email us at advertise@FetchYourNews.com

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