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

City tax relief for Loganville homeowners

The law creates a city property tax exemption for Loganville homeowners who live in their homes. It requires majority voter approval at the November 4, 2025, city election before benefits begin January 1, 2026. Without approval, or if the election is not held, the exemption is repealed 365 days after that election date. The exemption removes assessed value above an adjusted base value from city taxes; it does not change tax rates. It excludes state, county, school, and city interest and debt retirement taxes. For homeowners first receiving it in 2026, the starting base is the home's 2024 assessed value. For later first-time recipients, the base is the previous year's assessed value. Final assessment appeal decisions count in these calculations. Each year, the adjusted base adds the difference between the current assessment and the original base, subject to a cap. That addition cannot exceed the previous adjusted base multiplied by the state's inflation rate plus 0.25 percentage points. Substantial property changes, such as additions or removals, are counted separately without double-counting. Georgia's revenue commissioner sets the inflation measure. Homeowners generally apply through the city or its designee. Eligible homeowners with an approved 2025 homestead exemption receive this exemption automatically for 2026. It renews while the homeowner lives there, and an eligible surviving spouse can continue it while occupying the home. Owners must report lost eligibility; the exemption generally does not transfer to new owners. It adds to other homestead exemptions, but competing base-year exemptions use whichever provides the larger benefit.