As we all sit at home with the economy at a virtual stand-still it may seem like your taxable real estate value value shouldn't be rising. However, the effective date of appraisal for tax purposes in Georgia is January 1 every year. The Covid-19 problems were not an issue until March of 2020. 

Many commercial property owners in Cobb County find their budgets stretched thin even in the best of times. This is especially true for those who have small to mid-size companies because they often don't have the more generous budgets that larger businesses might have access to. When the county's annual tax assessment results in a commercial property tax that is large enough to put a crimp in their carefully planned budget.