You Know What They Say, Death and Taxes…

Finally some good news for those that live in Fulton County. The County Commission and the State have come to an agreement for the 2017 and 2018 tax digest.

What that means is there will be no revising of the previous unapproved 2017 tax assessments. If you may remember, The County pulled a fast one freezing the property taxes for the year citing an archaic law from the 1800s. The state didn’t go for it, refused to approve the tax digest and sued. Up until this announcement those bills for 2017 were provisional and NOT final…

Now for the great news:

From Fulton Commission Chair Robb Pitts:

“Most importantly, Fulton County property owners no longer face the possible threat of reassessment or rebilling, and no fines or fees will be assessed against the county,” Pitts said. In addition, the agreement states that the state and county will withdraw any pending litigation, Pitts said. According to the settlement agreement, Curry agreed to approve Fulton’s 2017 and 2018 tax digests. The state tax commissioner further agreed the previous rejection of Fulton’s 2017 tax digest would not affect the approval, or disapproval, of any future digest submission or digest review for any subsequent year.

WHEW… A lot of us REALTORS and Closing Attorneys were looking at the nightmare that almost came to be. Where we would have had to revisit every real estate sale and closing from last 2 years, telling our clients that the taxes were readjusted and the proration you paid was not enough…

See the full article from MDJ here

I had previously written an article about reforming Fulton County’s property taxes which is way overdue. See that article here