At the foot of your midterm ballot, there are going to be some referendum questions. Here’s what they mean:
Referendum A: a partial cap on rises in property tax bills in the city of Atlanta
A “yes” vote means: yes, cap the city part of your homesteaded property tax bill so it won’t go up more than 2.6 percent a year.
A “no” vote means: keep the same system, property tax bills will rise with assessments.
This is a partial cap because it only applies to the city part of your property tax bill. It doesn’t touch the Atlanta Public Schools’ part of the bill, which is the biggest part of the typical tax bill.
So if your Atlanta neighborhood is so hot that the value of your house is going up by the double digits every year, this will keep some of that heat out of your tax bill. That’ll be useful to legacy residents of gentrifying neighborhoods. The flip side is that such a break is regressive — folks with very expensive homes save more money than those with modest homes.
It passed the Legislature with few objections. More details in House Bill 820.
Special Election: bigger Atlanta schools homestead exemption
A “yes” vote means you’d get a $50,000 homestead exemption for the schools part of your property tax bill through 2021.
A “no” vote leaves the homestead exemption for the schools part of your property tax bill at $30,000.
This also saves you a little money on property taxes — but it’s only meant to be a short-term protection from higher property values that are expected as Fulton straightens out its valuation process. After 2021, lawmakers may, or may not, return to the idea of expanding the homestead exemption.
On the one hand, it does mean less revenue for schools. On the other hand, it also grants homeowners some relief from higher property taxes. But the relief is equal whether you have a mansion or a modest bungalow: $20,000 more in homestead exemption. It passed the state Legislature as Senate Bill 485 with almost no opposition.
Atlanta Sunday brunch bill
A “yes” vote means you want Atlanta restaurants and bars to be able to start serving alcohol at 11:00 a.m. on Sundays.
A “no” vote means the Sunday sales time would remain 12:30 p.m.
Call it the “brunch bill” or the “mimosa mandate;” its fans do too. This vote was set up by Atlanta City Council by a unanimous vote. The state Legislature authorized such local votes, over a lot of objections, in SB 17.
QUESTIONS THAT APPLY TO THE WHOLE STATE
Constitutional amendment 1, the Georgia Outdoor Stewardship Trust Fund
A “yes” vote means, yes, when someone buys outdoor goods (like fishing poles or tents), the state would take some of that sales tax money and spend it on buying new public land or improving the public land we have.
A “no” vote means that sales tax money continues to go where it does now: mixed into the state’s general bank account that’s spent according to a different state budget every year.
Georgia does already spend money on buying and fixing up public land already. This amendment gives public lands a dependable funding source. There are checks on the fund though: if the economy tanks so bad that the state is cutting spending on things like teachers and child protection, this would get cut too. It sunsets in 10 years, and is capped at about $40 million annually. Both Republicans and Democrats broadly supported this in the state Legislature. More reporting here on the bill.
Legal details in HB 332 and ballot language in House Resolution 238.
Read the full story: SaportaReport.com