Georgia House Bill 987 passed, allowing low-wealth districts to lower property tax rates to 10 mills without losing state aid.

A House plan in Georgia could allow school districts with low property wealth to lower their property tax rates without losing state aid. House Bill 987 passed 161-12, permitting districts to drop their minimum property tax rate to 10 mills (from 14 mills) and still qualify for state equalization funds. The legislation aims to lower property taxes for thousands of Georgia citizens.

February 20, 2024
8 Articles