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Paulding County school board holds required hearing on HB 581 floating homestead exemption; no decision made
Summary
The Paulding County Board of Education heard a presentation on House Bill 581 and took public comment at a required public hearing. Presenters warned the statewide "floating" homestead exemption could reduce local revenue for a fast-growing, heavily residential district; the board did not vote and will consider a resolution later.
The Paulding County Board of Education held a public hearing on House Bill 581 and the related constitutional amendment (HR 1022) that create a statewide "floating" homestead exemption, hearing a staff presentation and public comment but taking no formal vote on whether to opt out.
Superintendent Steve Barnett opened the hearing with a presentation explaining that the change created by HB 581 would not alter existing local homestead exemptions — including senior exemptions — but would create a single, statewide mechanism the local board can opt out of only once. "It does not impact that at all," Barnett said, referring to existing exemptions for seniors and other current homestead benefits.
Barnett and county Chief Appraiser James Stokes outlined why Paulding County could be more affected than many districts: the school district is heavily dependent on residential property (about 86% of the digest as…
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