Huge revaluation may hammer Barrow's tax digest

The Barrow County Tax Assessors Office is reducing the assessed value of almost all of the properties owned in the county.

By the end of this week, the county will mail 29,000 reassessments for real and personal property owned in the county. That represents more than 90 percent of the 31,150 parcels in Barrow County, said Chief Appraiser Cecil Highfield. And 90 percent of those are going down.

Property owners have 45 calendar days — until the end of August — to either accept their newly assessed values or to appeal. Highfield said he could not estimate the total impact of the lower assessments on the county’s tax digest. However, the total impact is expected to be below the 20-percent shrinkage of the tax base that he had earlier given the county administration as an estimate.

The number is critical to the FY2010 budgets because it will determine how many other spending cuts will have to be made by county governments. A large drop in the tax digest could dramatically affect both the county government and school system, forcing the millage rates up to offset the drop in values.

Comments

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#1 C. M. Thornton, III on 07/16/09 at 02:37 PM [Reply]

A bit of good news for property owners. I'm still waiting to read the news story about the Tax Commissioner doing her job and going over those who are delinquent on their taxes...

#1.1 anonymous on 07/17/09 at 03:19 AM [Reply]

So my property value is less AND the county will raise the millage....Explain how this is a bit of good news for property owners?

#2 Jarred Maddox on 07/17/09 at 09:14 AM [Reply]

Only a bona fide idiot sees "good" news in this. All government is a tax-increasing monster, chewing $ up and spending them out. What with increasing income tax, "sin" tax, property tax, sales tax etc., the people who benefit are those on medicaid, welfare, food stamps and the "earned income tax credit."

#3 C. M. Thornton, III on 07/17/09 at 10:00 AM [Reply]

You should break even, or rather, not feel the impact of a tax increase. Until the housing market starts to increase, that is. A report in today's AJC shows a slight national increase in new home construction...

#3.1 Deke Thornton IV on 07/17/09 at 11:52 AM [Reply]

Yes, that's what government loves: an opiate-sniffing lemming warbling soothing lies: "You won't feel this tax increase."

"This won't hurt a bit."
"The check is in the mail."

Anyone who trusts the government to spend wisely and efficiently provide services is either brain-dead or a hopeless myrmidon -- or, probably, both.

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Huge revaluation may hammer Barrow's tax digest

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Huge revaluation may hammer Barrow's tax digest

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