Fulton County Property Owners will Receive 2022 Notices of Assessment
Fulton County Property Owners will Receive 2022 Notices of Assessment
June 15, 2022
Fulton County property owners will receive their 2022 Notices of Assessment this week. Notices will arrive in the mail as early as this week and will be posted at www.fultonassessor.org on June 17.
As required by Georgia law, every property receives an annual Notice of Assessment, which must reflect fair market value. Because of surges in the real estate market in Fulton County and around the nation, property owners should be prepared to see increased values reflected on their 2022 notices of assessment.
Property owners should carefully review their notice as soon as possible. Property owners have the opportunity to appeal their notice of assessment if they do not believe their notice reflects fair market value.
Appeals may be submitted online at www.fultonassessor.org, by mail, or in the offices of the Board of Assessors. The appeals deadline for most property owners is August 1, unless another date is specifically printed on the notice of assessment.
Many Fulton County homeowners receive property tax relief through homestead exemptions. Importantly, every property in Fulton County with at least a basic homestead exemption in place also benefits from at least two “floating” homestead exemptions. Floating homestead exemptions are designed to insulate homeowners from rapid increases in value, and cap the annual increase in taxable value at around 3% per year (or CPI, whichever is less).
Homeowners who do not have a homestead exemption for their primary residence can apply by April 1 of each year. Any homestead exemption applications received now will be applicable for the 2023 tax year.
Property assessments are one component used to calculate property tax bills. Each of the 18 taxing jurisdictions in Fulton County, including cities, school boards and Fulton County Government, will also set their annual millage rate in coming months.
For more information about 2022 notices of assessment, homestead exemptions and appeals, property owners can visit www.fultonassessor.org or call 404-612-6440.
As required by Georgia law, every property receives an annual Notice of Assessment, which must reflect fair market value. Because of surges in the real estate market in Fulton County and around the nation, property owners should be prepared to see increased values reflected on their 2022 notices of assessment.
Property owners should carefully review their notice as soon as possible. Property owners have the opportunity to appeal their notice of assessment if they do not believe their notice reflects fair market value.
Appeals may be submitted online at www.fultonassessor.org, by mail, or in the offices of the Board of Assessors. The appeals deadline for most property owners is August 1, unless another date is specifically printed on the notice of assessment.
Many Fulton County homeowners receive property tax relief through homestead exemptions. Importantly, every property in Fulton County with at least a basic homestead exemption in place also benefits from at least two “floating” homestead exemptions. Floating homestead exemptions are designed to insulate homeowners from rapid increases in value, and cap the annual increase in taxable value at around 3% per year (or CPI, whichever is less).
Homeowners who do not have a homestead exemption for their primary residence can apply by April 1 of each year. Any homestead exemption applications received now will be applicable for the 2023 tax year.
Property assessments are one component used to calculate property tax bills. Each of the 18 taxing jurisdictions in Fulton County, including cities, school boards and Fulton County Government, will also set their annual millage rate in coming months.
For more information about 2022 notices of assessment, homestead exemptions and appeals, property owners can visit www.fultonassessor.org or call 404-612-6440.
View Fulton County 2022 Property Assessment Update / Watch Video