Small property tax hike considered for Atlanta school system
Atlanta property owners might be asked to pay a little extra in taxes to help rid the city’s school system of a $550 million pension debt.
Members of the Atlanta Public Schools Pension Fund Task Force on Monday discussed the possibility of a voter referendum on a bond issue partially funded by a property tax increase of half a mill — about $25 a year on a $200,000 home.
If approved, the idea could save the school system between $300 million and $350 million over the next 20 years.
About the Author
Mark Niesse is an enterprise reporter and covers elections and Georgia government for The Atlanta Journal-Constitution and is considered an expert on elections and voting. Before joining the AJC, he worked for The Associated Press in Atlanta, Honolulu and Montgomery, Alabama. He also reported for The Daily Report and The Santiago Times in Chile.
