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Finance committee hears how House Bill 782 would cap school property tax growth for Chatham County homeowners
Summary
The Savannah-Chatham County Public School System finance committee on Oct. 8 received a presentation on House Bill 782, the Chatham County School Tax Relief Act, which would cap the school portion of property taxes for owner-occupied homesteads at a 2025 base assessed value if the bill becomes law.
The Savannah-Chatham County Public School System finance committee on Oct. 8 received a presentation on House Bill 782, the Chatham County School Tax Relief Act, which would cap the school portion of property taxes for owner-occupied homesteads at a 2025 base assessed value if the bill becomes law.
"It caps the school's portion of property taxes at the base year assessed value of a homeowner's property," Paige Cooley said during the committee meeting. She told the board the bill, if approved in November, would take effect Jan. 1, 2026, and would not exempt bonded indebtedness.
Committee members and staff said the change would slow revenue growth tied to rising home values and that the district would need to adjust…
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