Why Some Snellville Homeowners May See A Property Tax Increase

www.GoodMorningGwinnett.com- This show is made possible by https://www.NoisePodcastNetwork.comSome residents in Snellville may pay a higher property tax bill this year, despite the tax rate being decreased.The culprit? Soaring home values.City officials released a notice of property tax increase this month despite a reduction in the rate to 4.00 mills from last year’s 4.588, Snellville City Manager Butch Sanders said.“The only reason there would be an increase in their taxes, since the millage rate went down, is if their reassessment put the value of their house at a higher level,” Sanders said.It could be an increase of about 5% for some homeowners, the announcement said.SOURCE: www.AJC.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/good-morning-gwinnett-podcast--3262933/support.🎙️ Good Morning Gwinnett PodcastThe #1 hyperlocal podcast in Georgia, produced by Noise Media Network. Covering daily local news, business blueprints, global politics, money matters, and the latest in tech. Produced & Published by Audrey Bell-Kearney.Visit The Blueprint RoomSubscribe To The Blueprint PressFor Local News Visit Good Morning GwinnettList Your Business- https://directory.goodmorninggwinnett.com/Start Your Food Business From Homehttps://www.KitchenCashBook.com_________________________________________________________________________________________☕ Become a Coffee Millionaire!Love coffee? Love creating freedom? Join me on the journey of turning coffee into a business and a lifestyle. Discover how you can build wealth, share wellness, and start your own Coffee Millionaire story today. Visit 👉 CoffeeMillionaire.biz to learn more and join my team.