More than 80% of voters approved a measure that will allow eligible homeowners to continue to receive a break on their Atlanta school property taxes.
The measure appeared on ballots Tuesday.
With its passage, a homestead exemption granted to some property owners that was set to expire at the end of the year now becomes permanent.
Eligible property owners will receive a homestead exemption from Atlanta Public Schools’ taxes in the amount of $50,000 of their home’s assessed value. They are required to pay taxes on at least $10,000 of the assessed value.
The exemption was first given to homeowners a few years ago to offer temporary relief from rising property values that drove tax bills up.
The measure received 83% of voter support in the city of Atlanta’s Fulton County precincts, and 85% of votes among the Dekalb County precincts.
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