None
EN
Mayor Shepherd Proposes Permanent Zero Tax on Newnan Homesteads
['Ellie White-Stevens', 'Stranger Than Fiction', '.Wp-Block-Post-Author-Name Box-Sizing Border-Box', 'Sourceurl Https', 'Thecitizen.Com Wpimport Wp-Content Plugins Gutenberg Build Styles Block-Library Post-Author-Name Style.Min.Css']
The Citizen
Newnan Mayor James Shepherd is proposing a plan that would permanently eliminate city property taxes for nearly every owner-occupied home while restoring a lower property tax on businesses, rental properties, and other non-homesteaded property.
Newnan homeowners currently pay no city property tax after voters approved a one-cent sales tax last November and the Newnan City Council used that revenue to offset the property tax rate.
Infrastructure drives the proposalShepherd said revenue from the restored property tax would be directed toward Newnan’s roads and other infrastructure.
A small, capped property tax on non-homesteaded property could prevent the city from needing to impose a much larger emergency property tax later.
“Today your protection is whoever sits on council,” Shepherd wrote.