Cornelia Opens Review of Tax Cap That Could Curb Homeowners’ Increases and City Revenue

Cornelia’s commission opened its recorded public review of an HB 581 floating homestead exemption by placing the first of three required public hearings on its January 2025 agenda. The proposed local policy was presented as a way to limit property-tax increases for qualifying homeowners, but the agenda does not give the date of that first hearing or show a final decision by commissioners.