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Taxation limits on local governments; municipalities and school districts in the state of Georgia

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  1. Sources of state and local government tax revenues
  2. Municipality's fiscal years ends
  3. Property tax
  4. Why there is need to limit taxation in a state ?
  5. Property and assessed values
  6. Current rates of income tax in Georgia and the need to guard against double taxation
  7. Limits on taxation applied by the State of Georgia to municipalities
  8. Limits on taxation applied by the State of Georgia to school districts
  9. Discussion and analysis of constitutional and statutory limitations

There exist a number of limits on taxation both statutory and constitutional that apply in the state of Georgia. The reasons for the existence of such limitations vary, but majorly they are meant to check county government expenditure, Ensure property taxes are maintained at reasonable and reduced rates and improve the accountability of the municipalities and district schools in the collection and the use of public funds (Brazer, 2008).

[...] According to Ploeg (2006) the state of Georgia law requires that property tax is paid by March, being payment of the year before. The taxation rate on property tax varies depending on the type of property. In the state of Georgia, property tax is collected by the various municipalities. The tax rate applicable is determined on an annual basis by the board of county commissioners of the various municipalities and district schools (Abelson, 2006). The rates are measured in units called mills where one mill represents a rate of per $1000 of the property assessed value. [...]


[...] Purpose The state limits property tax rates charged by local governments for three main reasons. According to Steven (2012) in the article ?results of local spending and revenue limitation? the first reason is a way of checking the growth of the local units, counties that have developed most of the required structures should charge fewer taxes in order to reduce the burden of the residents. Secondly, to ensure accountability in the expenditure of public funds, this is done to limit misappropriation and lastly to promote reliance on the State government. [...]


[...] The allowable growth in the different municipalities is determined by the state. The exemptions that are considered in setting this limit include offsetting of debts, implementation of new constructions and emergencies. Limit on general revenue or expenditure The limits set maximum revenue that can be collected and regulates the spending of collected revenue. The limit is determined based on inflation rates; it is of a fixed nature thus potentially binding. These limits are more restrictive in nature and comprehensive in comparison to the other limits. [...]


[...] Haveman, M. & Terri, A. (2008). Property Tax Assessment Limits; Lessons from Thirty Years of Experience. Lincoln Institute of Land Policy. P 18 Hughes, J., Tiger, M., Barazher, S. and Barnes, G. (2013) How you Pay for it Matters. Environmental Finance Center. Retrieved on 12-09-2014. [...]


[...] Limits on Taxation Applied by the State of Georgia to Municipalities There are over 536 municipalities currently in the state of Georgia. In some cases, cities merge to form consolidated county governments (Georgia, n.d.). The Center for Urban Policy describes the six basic limitation types for the state of Georgia as Overall Property tax limits, the specific property tax limits, (iii) property tax levy limits also referred to as revenue limitations, General revenue limits also called expenditure increases, Assessment increases related limits and Truth-in-taxation or full disclosure requirements (Georgia, n.d.). [...]

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