Monroe County commissioners still undecided on H.B. 581 after final public hearing
With the March 1 deadline approaching, Monroe County Commissioners have not made a decision on the bill that introduces a statewide homestead exemption that caps annual property value tax increases, limiting growth based on the previous year’s inflation rate.
(Photo Credit: Taylor Gilchrist/41NBC)FORSYTH, Georgia (41NBC/WMGT) — With the March 1 deadline approaching, Monroe County Commissioners have yet to make a decision on H.B. 581. The bill introduces a statewide homestead exemption that caps annual property value tax increases, limiting growth based on the previous year’s inflation rate. The City of Forsyth voted in favor of the bill, while the…