Mayor Shepherd Proposes Permanent Zero Tax on Newnan Homesteads

Port: Finally, an acknowledgement that property tax exemptions drive up property taxes

In West Fargo, a proposal acknowledges a simple but oft-denied truth, which is that property tax exemptions have real costs for taxpayers.

Mayor Shepherd Proposes Permanent Zero Tax on Newnan Homesteads

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. Shepherd said t…