City of Savannah opts out of state homestead exemption
SAVANNAH, Ga. (WSAV) — The City of Savannah unanimously voted to opt out of the state's new homestead exemption tax Thursday.
The City of Savannah and Chatham County currently tax homeowners through the 25-year-old Stephens Day model, which freezes home values to what they were upon original purchase, and locks in the county tax rate, something city leaders said does not need changing.
The decision was made during their final meeting at 6 p.m. Feb. 27.
WSAV has been following House Bill 581 decisions in our area. Stick with us on air and online for more.
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