More information
is needed before the Peachtree City Council decides on a proposal to freeze
property assessments for citizens over 70 years old.
The estimate
provided by city staff concluded that the city would lose $33,614 on the
initiative that would affect 1,237 homes. That averages to $27.17 per
year for each home.
Those figures
were based on the latest U.S. Census results, but Councilman Steve Rapson
suggested that Fayette County Tax Commissioner George Wingo could provide
more concrete numbers.
The property
assessment freeze, which would be lifted when the home is sold, is not
a done deal. First, the Georgia legislature must approve legislation allowing
it in Peachtree City. Second, the initiative must be approved by a majority
of residents in a city-wide referendum.
Peachtree City
resident Jim Toombs said he felt the initiative was too much work considering
the minor financial effect it would have on seniors.
Mayor Steve
Brown argued that he has heard talk of a number of senior citizens moving
to adjacent communities like Sharpsburg because of the lower property
taxes.
Brown pointed
out that citizens don't impact the school system or road system during
peak traffic periods, while Toombs argued they use other city services
such as the Gathering Place and ambulance services.
Councilwoman
Annie McMenamin said senior citizens will want to know what services are
being cut in return for the benefit.
Rapson said
the freeze on property assessments would help seniors whose only income
is their retirement plan and Social Security.







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