235 Peachtree Street, Suite 1400, N.E., Atlanta, Ga. 30303 | Phone: 404-612-6440
Fulton County Board of Assessors
Answers to Frequently Asked Questions
1. What are the duties of the Board of Assessors?
Appraise all real and personal property
Process exemption applications
Process property appeals
Maintain records of property ownership
Maintain property tax maps
Prepare real and personal property tax digest annually
2. What are the duties of the Tax Commissioner?
Calculate and print tax bills
Distribute tax monies to the County, School Boards, City of Atlanta,
Process motor vehicle tag applications & renewals
3. How is fair market value defined? Fair market or appraised value is the
amount a willing seller would sell and a willing buyer would purchase for
property in an arm’s length transaction.
4. What is the assessed value of a property? Assessed value is 40% of the
fair market value.
5. Who sets the millage rate or tax rate? The Board of Commissioners,
Atlanta & Fulton County School Boards, and city governing authorities set the
6. When do I apply for Homestead Exemption or any other exemption?
You can apply for homestead exemption at anytime. However, you must
apply between January 1st and April 1st
for the exemption to be effective for
the current year. Applications received after April 1st will be processed for the
7. Who qualifies for Homestead Exemption? If you are the owner and reside
at the property on January 1st, you qualify for Homestead Exemption that
8. Do I have to apply for Homestead Exemption every year? No. Once
granted Homestead exemption, you do not have to reapply again unless
there is an ownership change on the property or if you move to a different
property that you claim as your primary residence.
9. How much money do I save if I qualify for a regular homestead
exemption? If you live in unincorporated Fulton County, you save
approximately $600 in property taxes with a basic exemption. If you reside in
the City of Atlanta, a basic exemption saves approximately $1,200. Note that
these are average savings based on a basic exemption.
10. If I own more than one property, can I get a Homestead Exemption on
more than one property? No. It is illegal to have more than one
Homestead Exemption. You can only receive an exemption on the home you
consider your primary residence.
11. What is tangible personal property? There are two classifications of
tangible property, real and personal. Real property can be defined as land
and permanent improvements to the land, such as buildings. Personal
property is defined as anything movable in nature, such as furniture,
equipment and inventory.
12. Why should I file a personal property report? Georgia Code 48-5-3
provides that all property is subject to taxation unless specifically exempted.
Personal property is subject to taxation just as real property. Because of its
movable nature, it is challenging to track the condition and the amount of
personal property owned by a company or business, as this may change
dramatically from one year to another. Therefore, it is in the best interest of
the property owner to complete the required forms to supply the information
needed for the Assessors to determine the property’s fair market value.
13. What type of report do I complete? If you operate a business or own
assets used in a business, you should complete the Business Personal
Property Return. If you own a boat and motor, you should complete the
Marine Personal Property Return. If you own an airplane, you should
complete the Aircraft Personal Property Return. These forms are available at
www.fultonassessor.org on the Forms and Documents page. Forms are
mailed to business owners who owned personal property the previous year,
as well as to new business owners who began business during the previous
14. What is the filing deadline? The deadline to file all personal property
returns is April 1st
of each year. The Board of Assessors cannot grant
extensions or relieve penalties. Therefore, it is very important for property
owners to file in a timely manner.
15. What is Freeport Exemption? Freeport exemption is an exemption on
inventory of Georgia manufacturers, wholesalers and distributors. The
exemption must be applied fannually by April 1 www.fultonassessor.org on
the Forms and Documents page
to receive maximum exemption. Applications
are also accepted until June 1st but with reduced exemption granted. Forms
are available here.
16. Is the assessment notice I received the same thing as my property tax
bill? No. The assessment notice is not a bill. Although Georgia law requires
that the assessment notice give an estimated tax amount, its primary
purpose is to advise of your property’s appraised value as established by the
Board of Assessors. Do not send payments until you receive a tax bill from
the Tax Commissioner.
17. Why won’t the numbers on the property tax assessment notice match
my property tax bill exactly? State law requires that counties use the
previous year’s millage rates to estimate taxes on the assessment notice.
Any change in millage rates by a taxing authority could create a change in
your property tax bill. An increase or decrease in your property value could
also create a change in your tax bill, even if the millage rates stay the same.
18. Can I appeal my property taxes if I think the bill is too high? No. You
cannot appeal your property taxes. You can appeal your property value within
45 days of any assessment notice.
19. Where do I appeal my property value if I think the value is not
accurate? You can appeal property values to the Board of Assessors and
the appeal must be in writing or via online appeal filing. An appeal form is
available on the Board of Assessors website on the Forms and Documents
page and on the E-file page.
20. Where can I get information on homes or businesses in my
neighborhood? Property data can be found on the Board of Assessors
website at www.fultonassessor.org on the Property Records page.
Board of Assessors