Newnan, City of; ad valorem tax; provide homestead exemption

Newnan homeowners get a property tax break

Beginning January 1, 2026, qualifying Newnan homeowners get an exemption from city property taxes on increases above their home's base-year assessed value. The base year is the tax year before the exemption is first granted to the home's most recent owner. Your home must qualify under state homestead rules, and the exemption covers no more than five connected acres. Improvements and extra land added after January 1 of the base year remain taxable. If land is removed from the homestead, the city adjusts the base-year value and recalculates the exemption. Any value not covered by the exemption remains taxable. You or your agent must apply to the city or its designee using city-provided forms. The application must include information needed to check initial and ongoing eligibility. The exemption renews automatically while you continue living there as your homestead; you must notify the city if eligibility ends. It does not reduce taxes for city bond payments, state taxes, county taxes, or school taxes. It generally adds to other homestead exemptions. However, when multiple base-year exemptions cover the same taxing jurisdiction, the local tax receiver applies only the larger one.