The City of Atlanta has chosen to “opt out” of the statewide homestead exemption program established by Georgia House Bill 581 (HB 581).
In a press release, the city said opting out prioritizes local control over property tax policies to better serve Atlanta’s unique needs.
While HB 581 aims to provide uniform tax relief across Georgia, Atlanta’s decision allows the city to preserve its existing Base Freeze (Floating) Exemption, enacted in 2019 under HB 820 and approved by voters.
According to the release, this exemption caps annual taxable property assessment increases at 2.6%, ensuring targeted and equitable relief for Atlanta homeowners.
“HB 581’s intent to provide statewide relief is commendable, but Atlanta’s diverse communities require more nuanced and equitable policies,” City of Atlanta CFO Mohamed Balla said. “By opting out, we maintain a framework that directly benefits our residents while supporting the city’s growth and prosperity.”
Residents are encouraged to participate in public hearings on this matter being held at Atlanta City Hall, 55 Trinity Ave.:
- Friday, Feb. 7, at 10 a.m.
- Wednesday, Feb. 12, at noon and 6 p.m.
For more information, visit www.atlantaga.gov.