Cobb schools projected to lose $101 million to senior tax exemption

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Cobb schools projected to lose $101 million to senior tax exemption

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The Atlanta Journal-Constitution
File Photo: Seniors take a break during the Cobb Senior Services Information Fair at the Cobb Civic Center in Marietta Phil Skinner pskinner@ajc.com

Cobb’s population is aging and new seniors are moving in.

By 2040, the number of Cobb residents 65 and older is projected to rise by 133 percent, comprising 72 percent of total growth—the largest of any metro county.

This trend has been seized on by those who see a need for more senior housing, and those who worry about the impact on schools as a growing proportion of the population qualifies for Cobb’s generous school tax exemption for people over the age of 62.

The school district estimates it will lose $101 million in 2018 due to the exemption.

Read more on how this affects zoning, construction and education, and what some people want the county to do about it: “Cobb’s rising senior population sparks debate over school tax, housing”

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