Understanding Special Assessments: Paying for New Roofs and Roads in Georgia

Understanding Special Assessments: Paying for New Roofs and Roads in Georgia

Introduction to Special Assessments Special assessments are a specific form of taxation applied by local governments to finance particular projects that provide direct benefits to property owners. Unlike regular property taxes, which are typically levied based on the assessed value of real estate and support general government services, special assessments are earmarked for specific improvements … Read more