What is a special assessment?

A special assessment is a type of property tax that is levied by a local government in addition to the general tax. This assessment is exclusive to certain properties that receive a special benefit such as a road, sidewalk, park, or other public improvement project. In Georgia, special assessments are typically based on a flat fee or the value of the property, which is determined by the local assessor’s office. This means that properties that are higher in value will typically pay more than those of lower value. Special assessments are collected annually and are typically due on the same day as the annual property tax. If the assessment is not paid according to the local ordinance, the property can be subject to a tax lien and possible foreclosure. Special assessments are usually voted on by the local government and the citizens who reside in the region. This allows the local government to decide which properties receive a benefit from the special assessment. It also allows citizens to vote on tax-funded projects that could potentially benefit their properties. These assessments are a important source of revenue to help fund public projects and services in the area. Though there are times when these assessments can be financially burdensome for homeowners, it is important to remember that they are necessary to help fund the local economy and improve the quality of life for all citizens.

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