On November 2, 2021, city of Atlanta voters approved a permanent increase in the homestead exemption for property taxes collected by the Atlanta School Board. In 2018, voters approved a temporary increase in the exemption (from $30,000 to $50,000) when assessment values and tax bills increased dramatically across the county. Atlanta homeowners can now rely on this increased tax break for years to come.
Based on the 2021 millage rates, the increased exemption saves an Atlanta homeowner about $415 annually in property taxes.
This Atlanta school tax exemption is a homestead exemption available only to homeowners on their primary residence that they own and live in as of January 1 of the tax years. Homestead exemption applications are due April 1 of each year. Once the exemption is approved, it automatically renews until there is a change in the ownership of the home. If you have a homestead exemption on your property, there is no need to reapply – this increased exemption will apply automatically.