Receiving your annual Fulton County Property Tax Assessment Notice can be perplexing. However, understanding its components is crucial for ensuring your property is fairly assessed and for knowing your rights if you believe it isn't.
๐ Key Components of the Assessment Notice
๐งพ 1. Property Information
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Property Owner(s): Identifies the legal owner(s) of the property. Verify for accuracy.
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Property Address: Ensure the physical location listed is correct.
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Parcel ID (Tax ID): A unique identifier for your property, necessary for inquiries or appeals.
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Legal Description: Provides detailed boundaries of your property.
๐ฐ 2. Assessment Information
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Fair Market Value (100% Appraised Value): The county's estimate of your property's worth as of January 1st.
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Assessed Value (40% of FMV): Used to calculate your property tax bill.
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Previous Assessed Value: Compare with the current to identify significant changes.
๐ 3. Important Dates
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Date of Notice: The mailing date of your assessment notice.
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Appeal Deadline: You have 45 days from the notice date to file an appeal.
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Tax Bill Mailing Date: Typically later in the year.
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Tax Payment Due Date: Usually in October; check the specific date on your bill.
๐ก 4. Exemptions
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Homestead Exemption: Reduces your taxable value. Ensure it's applied if you qualify.
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Other Exemptions: Verify any additional exemptions are correctly listed.
โ๏ธ 5. Appeal Information
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Appeal Options: Board of Equalization, Arbitration, or Hearing Officer.
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Filing Instructions: Details on how to submit an appeal.
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Contact Information: For the Fulton County Board of Assessors.
๐ Why Understanding Your Assessment Notice Matters
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Accuracy: Ensures property details and assessed values are correct.
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Fair Taxation: Helps you pay a fair amount based on accurate assessments.
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Rights Awareness: Informs you of your right to appeal.
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Deadline Compliance: Avoids missing critical appeal deadlines.
โ Actions to Take Upon Receiving Your Notice
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Review Carefully: Examine each section for accuracy.
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Compare Market Values: Assess if the fair market value aligns with recent sales in your area.
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Check for Errors: Look for discrepancies in property details or exemptions.
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Understand Appeal Options: Familiarize yourself with the appeal process.
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Act Promptly: If you disagree with the assessment, gather supporting documents and file an appeal before the deadline.
๐ Resources
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Fulton County Board of Assessors: www.fultonassessor.org
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Appealing Your Assessment: Fulton County Government
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Understanding Your Annual Notice of Assessment (PDF): Download
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PT-311A Appeal of Assessment Form: Georgia Department of Revenue
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Boards of Equalization Information: Fulton County Government