Property Tax Administration 2020 annual report

GEORGIA DEPARTMENT OF REVENUE
Property Tax Administration 2020 Annual Report

David M. Curry
Revenue Commissioner

State of Georgia
Department of Revenue
1800 Century Boulevard Suite 15300
Atlanta, Georgia 30345 (404) 417-2100
March 31, 2021

The Honorable Brian Kemp, Governor Members of the Georgia Legislature 100 State Capitol Atlanta, Georgia 30334
Members of the General Assembly and Others:
This report has been developed by the Department of Revenue for the purpose of fulfilling the Commissioner's responsibility to provide the General Assembly with the impact of Property Tax Administration and continued enactment of laws created by legislation and administered by the Georgia Department of Revenue.
The information contained in this report is provided pursuant to the requirements of O.C.G.A. 48-5-349.5, 48-5-7.1, 48-5-7.4 and 48-5-7.7. It is hoped that this document will enhance understanding of Property Tax Administration in Georgia.
The staff of the Local Government Services Division and I look forward to working with you and are available to provide more information or clarification of this report upon request.
Respectfully submitted,

David M. Curry State Revenue Commissioner

An Equal Opportunity Employer

Table of Contents
Highlights of the Annual Report ............................................................................................................ 1 Reporting Requirements ........................................................................................................................ 5 Digest Review Procedures..................................................................................................................... 6
Table 1: Review Year Counties Cited for Deficiencies .................................................................................7 Table 2: Non-Review Year Counties Assessed Additional State Tax ..........................................................7 Figure 1: Average Level of Assessment........................................................................................................8 Figure 2: Average Level of Uniformity ...........................................................................................................8 Figure 3: Average Level of Assessment Bias ...............................................................................................8 Value and Revenue ................................................................................................................................. 9 Figure 4: Total Assessed Value.....................................................................................................................9 Figure 5: Average Millage Rate .....................................................................................................................9 Table 3: 2020 Property Tax Mill Rates....................................................................................................... 10 Figure 6: Comparison of Total Revenue......................................................................................................14 Figure 7: 2019 Percentage of Total Revenue by Tax Type ........................................................................14 Figure 8: 2019 County Tax Revenue by Property Class.............................................................................15 Figure 9: Five-Year Comparison of County Tax Revenue ..........................................................................15 Figure 10: 2019 School Tax Revenue by Property Class ...........................................................................16 Figure 11: Five-Year Comparison of Total School Tax Revenue................................................................16 Figure 12: 2019 State Tax Revenue by Property Class..............................................................................17 Figure 13: Five-Year Comparison of State Tax Revenue ...........................................................................17 Performance Reviews of County Boards of Tax Assessors ............................................................. 18 List of Counties Where Performance Reviews Occurred............................................................................19 Public Utilities ....................................................................................................................................... 20 Figure 14: Change in Public Utility Digest Value.........................................................................................21 Figure 15: Trend of Average Proposed Public Utility Equalization Ratios ..................................................21 Figure 16: Number of Public Utility Companies by Year .............................................................................21 Table 4: 2019 Ratios Used to Propose 2020 Public Utility Assessments...................................................22 Preferential Agricultural Assessment ................................................................................................. 23 Table 5: Preferential Agricultural Assessment Fiscal Impact......................................................................24 Table 6: Preferential Agricultural Assessment for 2019 .............................................................................25 Figure 17: Preferential Agricultural Total Tax Dollar. ..................................................................................30 Figure 18: Preferential Agricultural Assessed Value Eliminated .................................................................30 Conservation Use Valuation ................................................................................................................ 31 Table 7: Conservation Use Fiscal Impact. ..................................................................................................32 Table 8: Conservation Use Valuation Assessment.....................................................................................33 Figure 19: Conservation Use Revenue Shift ...............................................................................................37

Figure 20: Conservation Use Assessed Value Eliminated..........................................................................37 Forest Land Conservation Use ............................................................................................................ 38
Table 9: Forest Land Conservation Use Fiscal Impact & Valuation Assessment ......................................39 Taxation of Standing Timber ............................................................................................................... 50
Figure 21: Statewide Timber Values ...........................................................................................................50 Figure 22: County and School Revenue from Timber .................................................................................50 Table 10: 2018 Timber Revenue Reported on 2019 Tax Digests ..............................................................51 Georgia's Unclaimed Property Program ...................................................................................................... 56 Unclaimed Property Deposit........................................................................................................................56 Percentage of Paid Claims ..........................................................................................................................56

Highlights of the Annual Report
Digest Review
The Revenue Commissioner continues to ensure uniformity and equalization between and within counties using the same procedures enacted in 1992, and in the manner prescribed in Article 5A of Chapter 5 of Title 48.
O.C.G.A. 48-5-8 was amended in 2010 so that over five years between 2011 and 2015 the state levy phased out. Beginning in calendar year 2016, the state levy for ad valorem tax purposes is zero.
In 2016, the statutory deadline for submitting the annual property tax digests changed from August 1st to September 1st (See O.C.G.A. 48-5-205). For 2018, seventy-eight (78) counties submitted their 2018 tax digest by the September 1st deadline. For 2019, seventy-five (75) out of 159 counties submitted their 2019 digest by the September 1st deadline. The Department continues to encourage counties to achieve compliance with the law governing the digest submission due date.
Of the 53 counties falling in the 2019 digest review year and which underwent extensive review, no county's ad valorem tax digests failed to meet state standards for approval. None of the 2019 review year digests were subject to the $5.00 per parcel penalty.
Of the other 106 non-review counties examined in 2019, no county's ad valorem tax digest failed to have an acceptable overall average assessment ratio1, and no county's digest was rejected.
Assessed values increased from $437.2 billion in 2018 to $466.8 billion in 2019 or an 7.0% increase from the values reported in 2018. The 2019 average millage rate decreased to 28.24 compared to the 2018 average millage rate of 28.34.
Several graphs showing the trend of the level of assessment, uniformity, and assessment bias can be found on Figures 1 - 3 of this report.
1 Assessment Ratio - the fractional relationship that the assessed value of property bears to its fair market value.
1

Performance Review
In 2000, legislation was passed which provides that county governing authorities, by resolution, could request that the Commissioner conduct a performance review of the county board of tax assessors. Upon receipt of such a request, the Commissioner appoints a Performance Review Board consisting of 3 members: 1 member who is an employee of the Department of Revenue and 2 members who serve as county chief appraisers. Once appointed, the Performance Review Board performs a thorough and complete investigation of the board of tax assessors, including the technical competency of appraisal techniques and compliance with state law and regulations, and issues a report of its findings to the governing authority. Since 2003 the Department has completed Performance Review of 35 county boards of tax assessors. Additional information and a list of the counties where performance reviews have been performed can be found in the section on Performance Reviews of County Boards of Tax Assessors.
Public Utilities
The statewide average equalization ratio2 for public utility property decreased from 38.97% in 2019 to 38.71 % for tax year 2020.
Equalization ratios for seventeen (17) of the 159 counties accepted were proposed at a ratio less than 40% for tax year 2020.
Figure 14 reflects the growth in the Public Utility Digest since 2014. A chart showing the trend of the state proposed average equalization ratio for public utility
property since 2014 can be found beginning on Figure 15 of this report. Figure 16 shows the fluctuation in the number of companies centrally assessed annually due
to mergers, acquisitions, or companies ceasing to conduct business in Georgia.
2 Equalization Ratio - the level of assessment of centrally assessed property proposed by the State Board of Equalization and equal to the level of assessment of all other property valued by the local county board of tax assessors. O.C.G.A. 48-2-18.
2

Preferential Agricultural Assessment
Since the implementation of Preferential Agricultural Assessment3 in 1984, the program continued to grow through tax year 2001. Since that time, the number of taxpayers participating in this special assessment program has steadily declined; a result of the increase in fair market values at the local level and the advantages of Conservation Use Valuation.
Tables 5 and 6 and Figures 17 and 18 depict the impact of Preferential Agricultural Assessment.
Conservation Use Valuation
Since the implementation of Conservation Use Valuation4 in 1992, the number of parcels in this program has risen steadily. The number of parcels enrolled in the program for 2019 is 196,900 representing the elimination of approximately $9.8 billion in value and total tax shift of approximately $270 million. These values are expected to increase as county boards of tax assessors perform revaluations.
Tables 7 and 8, and Figures 19 and 20 depict the impact of Conservation Use Valuation.
Forest Land Protection Act of 2008
A new section was added to this report as a result of 68% of the voters approving Amendment 1 in the 2008 General Election. This amendment to the Constitution, known as the "Georgia Forest Land Protection Act of 2008", provides current use assessment for tracts of forest land consisting of more than 200 acres if the property owner enters a covenant.
One significant difference between this program and the Conservation Use Assessment is the provision for the General Assembly to make an annual appropriation for forest land conservation use assistance grants to counties to offset the revenue shift resulting from properties entered in this program. The grant formula is designed to reimburse local governments for one half of revenue reduction on the first 3% of digest value and 100% of the amount of revenue reduction that exceeds 3% of digest value.
Table 9 shows the number of properties enrolled in this program for 2019; the dollar amount of the revenue shift; and the amounts of grants due to local governments.
3 Preferential Agricultural Assessment - Bona fide agricultural property assessed at 75 percent of the assessment of other property or at 30% of fair market value. O.C.G.A. Section 48-5-7 and 48-5-7.1. 4 Conservation Use Valuation - Bona fide agricultural property assessed at current use value rather than fair market value and developed by the Department in accordance with O.C.G.A. Section 48-5-269.
3

Timber Taxation
Timber harvest values reported on the 2019 digests increased from $624.7 million in 2018 to $665.8 million in 2019, a .62% increase in value. The revenue increased 6.0%, from $17.9 million to $19.0 million. Timber harvest values and revenue trends can be found on Figures 21 and 22, and Table 10.
Unclaimed Property
The responsibility for the administration of this program is also handled by the Local Government Services Division. The Disposition of Unclaimed Property Act protects the rights of owners of abandoned property and relieves those holding the property of the continuing responsibility to account for the property. The type of property that is subject to the Unclaimed Property Act consistsof wages, company liquidation proceeds, safe deposit boxes, money orders, uncashed checks, traveler checks, stocks and bonds. Under the Act, when someone holds property (holder) that belongs to someone else (lost owner) but has lost contact with the owner for a specified period (holding period), that holder must turn over (remit) the property to the State. The State serves as the custodian for any property remitted under the Act allowing the owners or their heirs an opportunity to claim their property in the future. The information provided includes a five-year history on deposits, locatable deposits, and paid claims.
Summary
The Department desires to provide the legislature with all information necessary for the proper evaluation of legislative impacts and promulgation of property tax policies. It fully supports the initiatives of the General Assembly in providing tax relief to the elderly, authorizing special assessment programs and exemptions for certain categories of property, homeowner tax relief grants, and increased homestead exemptions that return value to the citizens of Georgia.
4

Reporting Requirements
The Commissioner's responsibility for continuing to provide the General Assembly with the impact of property tax administration and continued enactment of laws created by legislation and administered by the Department of Revenue, Local Government Services Division, are as follows:
O.C.G.A. 48-5-342 requires examination of the digest of each county to ensure that all property valuations are reasonably uniform and equalized among the counties and within the counties.
O.C.G.A. 48-5-349.5 requires a status report on this review process along with the Commissioner's observations regarding the progress of the counties in ad valorem tax administration.
O.C.G.A. 48-5-7.1 requires submission of a report showing the fiscal impact of the law providing for the preferential assessment of tangible real property devoted to agricultural use. Qualified farm property is assessed at 75% of assessed value under this program and this reportanalyzes the effect of this program on taxpayers and levying authorities.
O.C.G.A. 48-5-7.4 requires a report showing the fiscal impact of the law providing for conservation use assessment of certain agricultural properties attendant with this code section. Qualified farm property is assessed at its current use value based upon a table of values established by the Commissioner following specific legal procedures. This report analyzes the adverse fiscal impact, if any, on other taxpayers and levying authorities.
O.C.G.A. 48-5-7.7 requires a report showing the fiscal impact of the law providing for current use assessment of properties enrolled in the Forest Land Protection Act of 2008 program attendant with this code section. Qualified forest land property is assessed at its current use value based upon a table of values established by the Commissioner following specific legal procedures. This report analyzes the adverse fiscal impact, if any, on other taxpayers and levying authorities.
5

Digest Review Procedures
The Commissioner, through the Local Government Services Division, has been given the statutory duty in Article 5A of Chapter 5 of Title 48 to review county tax digests and provide guidance to county boards of tax assessors when adjusting property valuations to ensure uniformity and equalization5 of assessments for all property owners.
As directed by the legislature, the Commissioner has adopted a digest review cycle in which each county's tax digest is reviewed extensively to determine the level of assessment, uniformity and equalization in each property class.
O.C.G.A. 48-5-304 prohibits the Commissioner from approving any digest where the value in dispute exceeds certain stated thresholds or where evidence exists that the county substantially failed to comply with laws regarding valuation of property.
In any given year, one third of the county tax digests undergo extensive statistical testing. Counties which do not meet the criteria as set forth in the statute and regulations, are allowed an opportunity during the three-year cycle to correct any deficiencies by the next review year. The other counties that are not being extensively reviewed are examined for level of assessment to equalize the state levy and public utility assessments. The Commissioner approves a county's digest as being reasonably uniform and equalized if it meets certain standards.
For those digests submitted by counties in their digest review year, the Commissioner completes his review on or before August 1 of the following tax year or within 30 days of the date the ratio study results are provided by the State Auditor. Based upon this review, the Commissioner will approve a digest when it is found to be reasonably uniform and equalized by having met the following state standards:
The average level of assessment for each class of property meets the mandated state standard of 36% to 44%;
The average measure of overall equalization, the coefficient of dispersion5, meets the state standard of 15% or less for residential properties and 20% or less for all other property classes; and
The bias ratio, or statistical measure of price related differential6, meets the state standard of 95% to 110%.
5 The Coefficient of Dispersion the statistical representation of equalization. 6 The Price Related Differential the statistical measure of assessment bias. This demonstrates whether lower or higher priced properties are more accurately assessed.
6

Annually one third of the counties are subject to measuring additional standards of statistical compliance. When measuring this compliance, the Commissioner utilizes information provided by the State Auditor from the sales ratio studies developed for each county. Each county's ratio study measures the statistical standards for level of assessment, uniformity and equalization.
The Commissioner conditionally approves the digest and assesses a penalty of $5 per taxable parcel of real property if a county's review year digest contains the same or similar deficiencies as the previous review year digest.
The 2019 digest review process was completed as directed in O.C.G.A. 48-5-343. As noted on Table 1, the review of the 53 counties that fell within the 2019 review year indicated that no counties were deficient, and no county was subject to the $5 per parcel penalty for failure to correct prior digest deficiencies.
The review of the 106 non-review year counties resulted in no county being assessed state tax.
Table 1: Review Year Counties Cited for Deficiencies

COUNTY

Deficiency

$5 PARCEL PENALTY

Table 2: Non-Review Year Counties
COUNTY

7

Figure 1: Average Level of Assessment shows the average Median Ratio from 2013 to 2019.

Acceptable Range: 36% to 44%

42.00%

40.00% 38.00%

39.15%

39.51%

39.48%

39.42%

39.17%

38.62% 38.97%

36.00%

2013

2014

2015

2016

2017

2018

2019

Figure 2: Average Level of Uniformity shows the average level of uniformity, as measured by the Coefficient of Dispersion, and indicates the equality of assessments between individual properties. Case law indicates that this is the most important measure of fairness within a taxing jurisdiction.

Acceptable Range: 15% or less

21.00%

18.00%

15.00%

12.00%

12.04%

9.00% 12.52% 5.42%

11.00% 11.21%

6.00%

3.00%

2013

2014

2015

2016

2017

19.45% 11.44%
2018 2019

Figure 3: Average Level of Assessment Bias shows the average level of assessment bias for the past five years as measured by the Price Related Differential.
110.00%

Acceptable Range: 95% to 110%

105.00%

101.62%

100.00% 95.00%

2015

101.23% 2016

101.08% 2017

101.15%

101.13%

2018

2019

8

Value and Revenue
Since the implementation of the current digest review procedures, counties have been performing either total or partial revaluations or updates to property valuations to conform to the state standards for acceptable digests. Property values increased from 2001 to 2008 between 6 and 9 percent annually. Assessed values decreased from 2010 to 2013, recovered to 2008 levels by digest year 2017, and continue to increase in digest year 2019.

Figure 4: Total Assessed Value shows the changes in property values since 2009.

Billions

500.0

400.0 300.0

376.7 396.6

348.4

359.4

348.1

358.7

387.6

373.1

437.2 466.8
403.5

200.0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Figure 5: Average Millage Rate shows the average millage rate since 2013.

32

30 28.11
28 28.17
26

28.53

28.56

28.74

28.24

28.34

24 2013 2014 2015 2016 2017 2018 2019

9

Table 3: 2020 Property Tax Mill Rates shows the unincorporated mill rates that include county, school, fire and special tax district mill rates.

COUNTY
APPLING ATKINSON BACON BAKER BALDWIN BANKS BARROW BARTOW BEN HILL BERRIEN BIBB BLECKLEY BRANTLEY BROOKS BRYAN BULLOCH BURKE BUTTS CALHOUN CAMDEN CANDLER CARROLL CATOOSA CHARLTON CHATHAM CHATTAHOOCHEE CHATTOOGA CHEROKEE CLARKE CLAY CLAYTON CLINCH COBB COFFEE COLQUITT COLUMBIA COOK COWETA CRAWFORD

CY2016 27.844 32.172 28.726 24.841 26.910 25.136 30.152 28.210 33.242 30.808 34.597 29.414 33.096 28.997 24.640 22.594 22.520 31.773 31.730 30.610 26.159 26.350 25.987 36.420 33.304 25.655 25.573 29.113 33.950 30.325 35.691 33.853 28.750 24.401 27.579 26.937 28.965 28.555 30.030

CY2017 27.844 32.172 28.727 24.586 25.510 24.434 29.116 28.000 34.795 31.710 37.466 29.386 32.977 29.206 24.361 22.025 22.372 30.973 31.704 30.610 26.825 26.340 24.706 36.400 34.314 25.653 29.040 28.812 33.950 30.346 35.691 33.853 28.750 24.378 27.216 27.937 28.920 29.310 30.030

CY2018 27.842 32.172 28.711 24.411 25.510 23.427 30.249 27.860 34.791 31.710 39.966 29.119 32.616 28.712 25.375 21.767 22.294 30.430 34.547 30.060 27.854 26.259 23.905 36.080 36.564 26.250 27.574 28.588 33.950 30.373 35.596 33.353 30.350 24.292 26.079 27.839 28.917 29.320 30.030

CY2019 27.372 32.172 28.711 24.411 25.510 23.427 29.749 27.860 34.791 31.710 20.331 29.169 31.366 28.319 25.375 21.767 22.294 29.430 34.547 29.405 26.854 26.259 23.905 36.080 36.485 26.250 27.574 28.415 33.950 30.373 35.596 28.853 30.350 24.286 24.490 27.747 28.917 29.270 30.030

CY2020 26.814 32.146 28.594 25.372 25.430 22.930 29.430 27.470 34.756 31.710 20.331 29.117 31.850 26.772 24.889 20.751 21.917 30.169 36.213 33.190 27.379 25.666 23.140 35.610 36.375 26.319 27.958 28.415 33.950 30.369 35.089 33.342 30.350 24.286 24.715 27.747 28.873 26.502 31.280

10

COUNTY CRISP DADE DAWSON DECATUR DEKALB DODGE DOOLY DOUGHERTY DOUGLAS EARLY ECHOLS EFFINGHAM ELBERT EMANUEL EVANS FANNIN FAYETTE FLOYD FORSYTH FRANKLIN FULTON GILMER GLASCOCK GLYNN GORDON GRADY GREENE GWINNETT HABERSHAM HALL HANCOCK HARALSON HARRIS HART HEARD HENRY HOUSTON IRWIN JACKSON JASPER JEFF DAVIS JEFFERSON

CY2016 30.711 23.900 23.916 31.810 44.190 25.556 34.459 40.206 32.267 26.650 34.647 28.638 29.351 28.836 25.679 16.984 29.543 30.513 27.754 29.181 40.762 25.103 28.630 24.000 29.703 27.853 20.185 35.026 26.074 27.166 31.237 30.640 24.700 20.513 22.583 38.361 24.020 29.016 33.239 35.537 28.380 30.882

CY2017 30.724 23.993 23.916 31.378 44.090 25.546 34.459 40.175 31.718 25.750 34.633 30.118 31.418 28.770 25.273 15.406 29.095 30.148 27.754 27.931 36.606 24.603 28.630 26.110 29.636 27.690 20.209 35.360 27.278 27.850 31.198 28.838 27.200 19.380 22.583 38.361 24.432 31.516 33.048 35.504 28.880 34.026

CY2018 30.623 23.807 23.916 31.288 43.990 25.534 34.459 43.175 31.113 25.724 34.616 29.695 29.095 28.708 25.889 15.406 28.978 30.086 27.654 26.863 28.226 22.941 28.616 26.110 28.803 29.090 21.611 35.069 26.713 28.150 31.213 29.557 26.540 19.772 22.228 38.361 24.409 31.500 32.812 33.894 29.380 33.956

CY2019 29.476 23.807 23.916 30.572 43.890 25.534 34.459 43.065 31.113 25.724 34.616 28.171 26.995 29.016 25.640 15.406 28.649 30.036 27.654 26.613 39.835 22.941 28.616 23.590 28.803 29.090 20.133 34.919 25.063 28.097 31.213 33.637 27.190 19.272 22.228 38.361 23.232 30.550 30.974 33.894 29.380 33.956

CY2020 29.698 23.337 23.663 31.234 43.890 26.224 35.404 42.961 34.163 24.988 34.594 28.021 27.182 29.187 25.463 14.253 28.343 30.436 27.614 27.803 39.672 21.996 28.636 23.590 28.650 30.990 20.856 36.010 26.223 27.852 31.984 29.398 27.640 19.366 22.192 34.416 24.409 31.500 32.740 32.817 29.380 32.779

11

COUNTY JENKINS JOHNSON JONES LAMAR LANIER LAURENS LEE LIBERTY LINCOLN LONG LOWNDES LUMPKIN MACON MADISON MARION MCDUFFIE MCINTOSH MERIWETHER MILLER MITCHELL MONROE MONTGOMERY MORGAN MURRAY MUSCOGEE NEWTON OCONEE OGLETHORPE PAULDING PEACH PICKENS PIERCE PIKE POLK PULASKI PUTNAM QUITMAN RABUN RANDOLPH RICHMOND ROCKDALE

CY2016 25.578 30.185 35.985 30.308 32.824 21.874 31.916 34.469 30.165 30.778 28.135 29.906 29.311 28.704 23.448 27.490 26.574 32.924 36.876 36.374 27.631 27.844 26.458 22.694 40.550 34.333 23.686 29.526 30.237 31.555 23.930 27.260 31.801 27.212 28.759 22.572 31.938 18.852 35.575 32.468 45.510

CY2017 25.675 30.185 35.985 30.311 32.702 21.848 31.916 36.266 31.165 31.795 28.063 28.928 29.302 31.280 23.821 27.490 26.574 33.932 36.907 35.970 29.065 29.699 25.907 24.694 40.501 34.333 23.686 30.193 30.549 31.689 23.553 27.137 34.273 27.212 28.767 22.546 31.992 18.800 35.440 32.438 45.510

CY2018 25.661 30.193 35.985 30.472 32.676 21.868 33.703 37.045 32.165 31.792 27.605 28.371 29.070 31.189 23.825 28.490 26.574 35.144 37.967 35.271 29.047 29.816 25.569 24.694 40.971 34.333 23.686 29.720 30.128 31.535 23.376 27.036 34.558 27.555 28.740 24.980 31.982 19.604 35.301 32.626 45.090

CY2019 25.661 30.193 35.985 30.472 32.676 21.868 33.703 35.501 31.165 31.792 27.322 27.872 29.070 30.189 23.825 28.490 25.574 32.574 36.884 35.271 29.047 29.816 25.569 24.694 40.501 33.441 23.686 29.720 30.129 31.535 23.176 27.036 34.558 27.555 28.745 24.602 31.982 19.604 35.301 31.584 45.090

CY2020 25.097 30.223 35.985 31.657 32.544 21.827 33.098 36.501 31.134 31.771 27.041 26.380 28.982 30.740 23.876 28.190 28.167 33.497 37.853 34.792 28.733 30.458 24.789 24.603 40.501 33.596 23.186 21.813 29.700 31.308 22.443 26.921 31.659 24.089 28.781 24.228 33.818 19.396 37.985 30.153 42.616

12

COUNTY SCHLEY SCREVEN SEMINOLE SPALDING STEPHENS STEWART SUMTER TALBOT TALIAFERRO TATTNALL TAYLOR TELFAIR TERRELL THOMAS TIFT TOOMBS TOWNS TREUTLEN TROUP TURNER TWIGGS UNION UPSON WALKER WALTON WARE WARREN WASHINGTON WAYNE WEBSTER WHEELER WHITE WHITFIELD WILCOX WILKES WILKINSON WORTH

CY2016 31.286 29.579 30.459 37.840 31.710 26.648 31.478 30.113 38.583 28.372 23.960 31.858 29.984 24.139 30.491 23.704 13.832 25.960 30.160 32.019 33.200 17.575 34.180 24.469 33.955 32.603 32.358 26.836 29.923 26.467 32.599 27.962 30.317 33.360 28.911 32.082 28.651

CY2017 31.286 29.886 31.779 37.174 32.210 26.662 31.449 29.988 38.596 27.723 23.790 31.991 29.984 23.962 30.461 23.708 13.831 26.478 30.160 31.989 36.200 17.566 33.620 26.460 33.265 32.694 30.358 30.328 30.923 26.467 32.359 27.958 31.523 33.360 28.426 34.440 28.651

CY2018 31.176 30.210 30.871 38.211 31.710 26.664 31.449 30.057 38.502 28.205 23.480 32.173 29.984 23.569 30.320 23.613 13.351 26.988 30.159 31.989 36.200 17.893 30.660 26.457 33.440 32.636 30.358 30.195 35.923 26.467 32.193 28.231 31.506 33.333 28.175 34.440 28.651

CY2019 31.176 29.167 30.871 37.222 31.710 26.664 31.449 30.057 38.502 28.205 23.480 32.173 29.984 21.834 30.364 22.613 13.024 26.988 30.160 31.989 36.200 17.893 30.640 26.457 32.105 32.636 30.358 30.133 35.923 26.467 32.193 28.231 28.068 33.333 28.175 34.440 28.060

CY2020 33.426 29.409 32.932 36.490 31.580 26.673 31.346 30.061 38.446 27.174 23.725 31.809 30.984 22.784 30.428 24.631 12.814 26.934 30.160 31.981 36.200 18.918 28.210 26.691 33.412 31.707 31.290 30.216 34.886 26.467 32.003 28.144 30.506 33.326 29.657 34.440 28.651

13

Property tax continues to be the primary revenue source for local governments. Currently approximately $13.4 billion in revenue is collected from property taxes in Georgia. Because Department involvement in the collection of city taxes is limited, the information below does not include taxes levied and collected for municipalities.

Figure 6: Comparison of Total Revenue shows the total revenues collected.

Billions

15.0
12.0
9.0 10.2
6.0 2013

10.5 2014

10.9 2015

11.2 11.7

2016

2017

12.7 2018

13.4 2019

Figure 7: 2019 Percentage of Total Revenue by Tax Type shows the percentage of the total ad valorem taxes levied for state, county and school purposes.

School, 60.69%

County ,39.31%

14

Figure 8: 2019 County Tax Revenue by Property Class shows the amount of tax revenue generated from the various classes of property for county tax purposes.

Industrial, $278.4

Motor Vehicle,

Public Utility, $68.5 Mobile Homes,

$211.2

$13.0 Timber, $9.3

Heavy Duty Equipment, $0.7

Commercial, $1,439.2

Agricultural, $133.0

Residential , $2,616.1

Figure 9: Five-Year Comparison of County Tax Revenue shows the amount of tax revenue levied for 2019 for county tax purposes and a five-year comparison.

Billions

$6.0
$5.0 $3.9
$4.0
$3.0
$2.0 2015

$4.0 2016

$4.2 2017

$4.5 2018

$4.8 2019

15

Figure 10: 2019 School Tax Revenue by Property Class shows the amount of tax revenue.

Commercial, $2,201.7

Motor Vehicle,

Public Utility,

$101.7 $305.5

Mobile Homes, $17.0

Industrial, $435.8

Timber, $10.1

Heavy Duty Equipment, $0.7

Agricultural, $176.3

Residential , $4,619.2

Figure 11: Five-Year Comparison of Total School Tax Revenue shows the amount of tax revenue and a five-year comparison for school tax purposes.

Billions

10.0
8.0 6.0
6.0
4.0 2015

6.2 2016

6.5 2017

7.9 7.0

2018

2019

16

Figure 12: 2019 State Tax Revenue by Property Class
The State has phased out the State's portion of property tax revenues which began to descend in tax year 2011.

Figure 13: Five-Year Comparison of State Tax Revenue shows the amount of revenue and five-year comparison for state tax purposes.

Millions

80.0

60.0

40.0

20.0

15.5

0.0 2015

0.0 2016

0.0 2017

0.0 2018

0.0 2019

17

Performance Reviews of County Boards of Tax Assessors
In 2000 legislation was passed which provides that county governing authorities, by resolution, can request that the Commissioner conduct a Performance Review of the county board of tax assessors. Upon receipt of such a request, the Commissioner appoints a Performance Review Board consisting of 3 members: 1 member who is an employee of the Department of Revenue and 2 members who serve as chief appraisers in counties other than the county being reviewed. Once appointed, the Performance Review Board performs a thorough and complete investigation of the board of tax assessors, including the technical competency of appraisal techniques and compliance with state law and regulations, and issues a report of its findings to the governing authority.
The governing authority may use the results of the Performance Review Report as grounds for removal of any or all members of the board of tax assessors. Since 2000, Bibb, Chatham, Douglas, Fannin, Fulton and Hart counties have pursued removal of members of the board of tax assessors based on the findings of the Performance Review Board.
During the years the Department has been conducting Performance Reviews, it has become evident that county governing authorities most often request Performance Reviews whenever the board of tax assessors has concluded a revaluation of all property within the county, particularly if the tax assessors have not kept taxpayers informed of the expected effect the revaluation will have upon property values.
The findings of the Performance Reviews have varied. Some have determined that counties are in compliance with state law, where the board of tax assessors has been diligent in establishing fair market values in an appropriate manner, are conscientious in following proper appraisal methodology, and work well with taxpayers and other county tax officials. Others have found dysfunctional boards who have established property values with no documentation to support their appraisals, without adherence to proper appeal procedures, and who lack good customer service to taxpayers.
18

List of Counties Where Performance Reviews Occurred

2020 2019 2018 Treutlen 2017 Fulton 2016 Echols 2015 2014 Candler 2013 Fannin 2012 Floyd 2011 2010 Pierce 2009 Camden 2008 Jefferson 2007 Brantley 2006 Bibb 2005 Charlton 2004 Dade 2003 Douglas

Hart
Wayne
Lincoln
Jones
Crawford Fulton Gilmer Hart Johnson

Spalding

Effingham

Telfair

Habersham Lamar

Ware

Wheeler

Liberty

Madison

Richmond

Morgan

Whitfield

19

Public Utilities
O.C.G.A. 48-2-18 requires the Commissioner to annually propose assessments for public utility property and to ensure that these properties are assessed at the same overall average assessment level as other property in the county. Each utility company is required to annually return their properties indicating location, description, type of property and valuation. The Commissioner's staff inspects these returns to ensure the accuracy of each utility company's declarations and the State Board of Equalization must approve the digest of public utility values and equalization ratios prior to notification to the counties and the public utility companies. The State Board of Equalization at the time the 2019 digest was approved was comprised of Revenue Commissioner David Curry, State Auditor Greg Griffin, and Steve Stancil, Director of the State Properties Commission. In determining each county's proposed assessed public utility values for 2020 the Commissioner utilized the equalization ratios developed by the State Auditor based on the results of the sales ratio study performed on 2019 tax digest. This method ensures that proposed public utility values are set at the same overall average assessment level as other properties. Once the State Board of Equalization approved these values, proposed equalization ratios and assessments were issued to the counties and utility companies. Each county board of tax assessors then determined the final assessment of utility properties by either accepting the State's proposed equalization ratio or substituting their own upon issuing assessment notices to the utility companies. The Department appraised these properties utilizing recognized and publicly available financial reference data to determine the reported net worth of public utility companies in an effort to eliminate bias concerning the actual unit value of each company. These nationally recognized financial sources included Reuters, Standard & Poor's, Morningstar, and Value Line, making the process less subjective and more transparent.
20

Figure 14: Change in Public Utility Digest Value shows the digest history since 2014.

Billions

60.00 55.00 50.00 45.00 40.00 35.00 30.00

37.07 37.97

39.68

2014

2015

2016

41.56 2017

43.75 2018

51.45 46.93

2019

2020

Figure 15: Trend of Average Proposed Public Utility Equalization Ratios below shows the trend of the statewide proposed public utility equalization ratios.

45

42 39.48

39 39.13
36 2014

2015

39.4 39.5

2016

2017

39.1 2018

38.97

2019

38.71 2020

Figure 16: Number of Public Utility Companies by Year shows the numbers of companies that are centrally assessed on an annual basis.

240

230

220 224

214

210

217

216

217 214
214

200 2014

2015

2016

2017

2018

2019

2020

21

Table 4: 2019 Ratios Used to Propose 2020 Public Utility Assessments shows each county's proposed
equalization ratio for assessment of the public utility properties.

Appling Atkinson Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien Bibb Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden Candler Carroll Catoosa Charlton Chatham Chattahoochee Chattooga Cherokee Clarke Clay Clayton Clinch Cobb Coffee Colquitt Columbia Cook Coweta Crawford Crisp

37.31 38.21 38.01 39.65 38.23 39.03 38.30 38.11 40.39 38.05 39.38 37.12 38.71 38.09 39.43 38.56 38.42 38.60 38.52 38.38
39.53 38.19 38.32 38.01 38.15 36.70 38.47 38.46 39.99 39.49 39.06 39.26 38.47 38.07 40.16 37.70 37.45 39.31 39.38

Dade Dawson Decatur Dekalb Dodge Dooly Dougherty Douglas Early Echols Effingham Elbert Emanuel Evans Fannin Fayette Floyd Forsyth Franklin Fulton Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis

39.40 38.90 38.00 38.27 36.26 39.72 40.10 39.07 39.46 37.78 38.11 40.61 40.68 38.07 38.69 39.64 38.70 38.83 38.20 38.17 39.74 38.29 38.49 39.47 38.39 38.24 39.02 38.33 39.61 39.73 38.82 40.14 38.11 40.86 40.12 37.02 38.11 37.48 40.02 38.69

Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee Liberty Lincoln Long Lowndes Lumpkin Macon Madison Marion McDuffie McIntosh Meriwether Miller Mitchell Monroe Montgomery Morgan Murray Muscogee Newton Oconee Oglethorpe Paulding Peach Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph

40.76 38.64 39.29 38.52 37.31 40.70 38.06 37.32 38.49 38.06 38.12 38.83 38.81 38.50 38.76 39.16 38.02 40.60 40.70 39.28 38.97 39.95 39.88 39.87 38.46 38.86 38.24 38.32 39.27 39.79 38.08 40.14
34.09 38.11 38.63 40.54 38.07 38.92 39.50

Richmond Rockdale Schley Screven Seminole Spalding Stephens Stewart Sumter Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler White Whitfield Wilcox Wilkes Wilkinson Worth Average

38.01 36.58 38.02 40.00 40.83 38.49 38.40 39.10 39.73 38.05 39.07 38.46 39.50 38.90 38.20 38.53 38.04 39.64 38.26 38.94 39.34 38.21 38.63 37.57 38.04 34.41 38.52 38.17 38.46 39.62 38.24 38.63 37.57 38.14 38.70 37.08 41.03 39.38 38.08 38.71

22

Preferential Agricultural Assessment
In the 1983 legislative session, O.C.G.A. 48-5-7.1 was passed establishing preferential assessment of tangible real property devoted to bona fide agricultural purposes. By statute, all real property is assessed at 40% of fair market value. However, the new legislation provided for a 30% level of assessment or 75% of the value at which other taxable real property is assessed. The decrease in the level of assessment creates a tax shift7 from those taxpayers taking advantage of this special assessment program to those taxpayers who cannot qualify for special treatment, in the same manner as any exemption for one class of taxpayers shifts the tax burden to another class of property owners. In making application for preferential assessment, qualifying taxpayers must sign a covenant (contract) agreeing to continuously maintain the property in agricultural pursuits for a period of 10 years. Transfers of ownership are allowed provided the property is transferred to another qualifying entity that agrees to continue the property in agricultural pursuits for the remainder of the covenant period. Otherwise, the covenant has been breached and a penalty imposed. Penalties range from 5 times the tax savings if the breach occurs during the first year of the covenant, to a minimum of 2 times the tax savings if the breach occurs during the tenth year of the covenant.
7 Tax Shift - Providing property tax relief to a particular class of taxpayers through valuation reductions or exemptions, resulting in a higher tax burden for other classes of taxpayers. For example, taxpayers in the preferential tax assessment program are afforded an exemption equal to the difference between an assessment of 40% of fair market value and 30% of fair market value, while the property of residential, commercial, industrial, and other classes of taxpayers is assessed at 40% of fair market value only. As a consequence, the other classes of taxpayers are bearing more of the tax burden.
23

Table 5: Preferential Agricultural Assessment Fiscal Impact shows the total number of parcels and the total dollar tax shift, and the percentage change of each category since 1990. The number of parcels that were in the program was highest in 1997 and has been steadily declining since that time.

Year
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Parcels
19,947 23,086 23,243 18,388 17,836 22,226 23,501 23,915 23,340 22,634 22,449 20,582 18,302 16,435 13,020 11,168
8,755 7,274 5,742 5,146 4,612 3,988 3,497 2,965 2,680 2,449 2,343 2,223 2,133

Percent Change
15.70% 0.68% -20.89% -3.00% 24.61% 5.74% 1.76% -2.40% -3.02% -0.82% -8.32% -11.02% -10.20% -3.90% -14.22% -21.61% -16.92% -21.06% -10.38% -10.38% -13.53% -12.31% -15.21% -9.61% -8.62% -4.33% -5.12% -4.05%

Total Value Eliminated
$176,780,216 $204,261,412 $180,985,796 $145,151,076 $137,170,751 $165,278,063 $174,157,485 $181,350,311 $189,169,970 $191,204,332 $191,352,938 $195,076,035 $182,041,147 $177,696,254 $194,743,119 $193,012,297 $153,927,964 $139,281,934 $104,297,566
$86,250,878 $72,078,892 $61,697,690 $51,398,078 $42,723,510 $37,974,985 $34,457,047 $33,352,616 $31,821,786 $30,275,486

Percent Change
15.55% -11.40% -19.80% -5.50% 20.49% 5.37% 4.13% 4.31% 1.08% 0.08% 1.95% -6.68% -2.39% 22.80% -0.89% -20.25% -9.51% -25.12% -17.30% -16.43% -14.40% -16.69% -16.88% -11.12% -9.26% -3.21% -4.59% -4.86%

Total Tax Shift
$4,010,259 $4,657,783 $4,232,187 $3,542,375 $3,362,403 $4,249,807 $4,410,076 $4,654,542 $4,701,626 $4,760,183 $4,824,066 $5,011,186 $4,768,802 $4,803,802 $4,270,954 $4,175,105 $3,983,907 $3,636,463 $2,725,949 $2,313,513 $1,960,764 $1,691,116 $1,443,467 $1,212,606 $1,082,504
$975,767 $945,489 $906,850 $872,818

Percent Change
16.10% -9.14% -16.30% -5.08% 26.39% 3.77% 5.54% 1.01% 1.25% 1.34% 3.88% -4.84% 0.73% -0.78% -2.24% -4.58% -8.72% -25.04% -15.13% -15.25% -13.75% -14.64% -15.99% -10.73% -9.86% -3.10% -4.09% -3.75%

24

Table 6: Preferential Agricultural Assessment for 2019 illustrates a county-by-county breakdown of the preferential agricultural assessment local impact.

County
APPLING ATKINSON BACON BAKER BALDWIN BANKS BARROW BARTOW BEN HILL BERRIEN BIBB BLECKLEY BRANTLEY BROOKS BRYAN BULLOCH BURKE BUTTS CALHOUN CAMDEN CANDLER CARROLL CATOOSA CHARLTON CHATHAM CHATTAHOOCHEE CHATTOOGA CHEROKEE CLARKE CLAY

Parcel Count
891 49 36 78 0 4 0 26 0 2 2 0 0 13 5 5 14 4 16 0 0 14 0 0 0 3 1 0 0 1

Assessed Value Eliminated 5,857,829 1,038,130 571,007 2,552,432 0 59,078 0 168,113 0 80,964 12,444 0 0 879,310 83,930 234,177 330,392 180,795 424,990 0 0 306,896 0 0 0 34,392 9,305 0 0 44,530

County Tax Shift
74,805 18,017 7,799 29,108
0 504
0 1,518
0 1,353
253 0 0
11,650 719
2,771 1,948 2,207 7,516 1,967
0 2,418
0 0 0 298 150 0 0 765

School Tax Shift
82,607 15,371 8,559 35,900
0 857
0 3,152
0 1,214
234 0 0
13,023 1,391 2,116 4,527 2,885 8,361 1,993
0 5,524
0 0 0 607 117 0 0 587

Total Tax Shift
157,412 33,388 16,358 65,008
0 1,361
0 4,670
0 2,567
487 0 0
24,673 2,110 4,887 6,475 5,092 15,877 3,960
0 7,942
0 0 0 905 267 0 0 1,352
25

County CLAYTON CLINCH COBB COFFEE COLQUITT COLUMBIA COOK COWETA CRAWFORD CRISP DADE DAWSON DECATUR DEKALB DODGE DOOLY DOUGHERTY DOUGLAS EARLY ECHOLS EFFINGHAM ELBERT EMANUEL EVANS FANNIN FAYETTE FLOYD FORSYTH FRANKLIN FULTON GILMER GLASCOCK GLYNN

Parcel Count
0 0 0 47 1 0 23 0 10 2 9 0 29 0 2 16 2 0 13 0 0 2 12 23 0 0 0 0 0 0 9 4 0

Assessed Value Eliminated 0 0 0 1,100,370 16,594 0 235,517 0 157,070 56,412 168,510 0 1,106,864 0 74,892 437,065 272,210 0 434,651 0 0 17,464 253,245 300,940 0 0 0 0 0 0 101,640 33,253 0

County Tax Shift
0 0 0 8,532 226 0 2,796 0 2,204 656 1,387 0 11,473 0 939 8,304 4,238 0 4,342 0 0 183 2,971 2,952 0 0 0 0 0 0 854 406 0

School Tax Shift
0 0 0 17,641 170 0 4,010 0 2,513 944 2,583 0 16,956 0 1,048 7,170 4,988 0 6,839 0 0 278 3,545 4,213 0 0 0 0 0 0 1,448 546 0

Total Tax Shift
0 0 0 26,173 396 0 6,806 0 4,717 1,600 3,970 0 28,429 0 1,987 15,474 9,226 0 11,181 0 0 461 6,516 7,165 0 0 0 0 0 0 2,302 952 0
26

County GORDON GRADY GREENE GWINNETT HABERSHAM HALL HANCOCK HARALSON HARRIS HART HEARD HENRY HOUSTON IRWIN JACKSON JASPER JEFF DAVIS JEFFERSON JENKINS JOHNSON JONES LAMAR LANIER LAURENS LEE LIBERTY LINCOLN LONG LOWNDES LUMPKIN MACON MADISON MARION

Parcel Count
34 3 0 0 7 0 32 0 0 0 0 1 0 35 3 5 9 3 68 1 0 0 6 3 7 1 0 1 0 0 15 0 1

Assessed Value Eliminated 374,179 255,636 0 0 30,248 0 542,533 0 0 0 0 15,560 0 420,493 21,130 36,320 329,086 203,743 1,382,125 7,317 0 0 118,073 36,688 930,390 33,150 0 7,616 0 0 291,525 0 13,949

County Tax Shift
3,604 4,446
0 0 354 0 9,651 0 0 0 0 198 0 6,252 194 560 5,061 3,584 16,855 112 0 0 1,868 263 13,117 507 0 120 0 0 3,074 0 99

School Tax Shift
7,174 3,477
0 0 406 0 7,713 0 0 0 0 368 0 6,594 451 653 4,607 3,219 21,343 109 0 0 1,992 538 18,230 542 0 122 0 0 5,374 0 233

Total Tax Shift
10,778 7,923
0 0 760 0 17,364 0 0 0 0 566 0 12,846 645 1,213 9,668 6,803 38,198 221 0 0 3,860 801 31,347 1,049 0 242 0 0 8,448 0 332
27

County MCDUFFIE MCINTOSH MERIWETHER MILLER MITCHELL MONROE MONTGOMERY MORGAN MURRAY MUSCOGEE NEWTON OCONEE OGLETHORPE PAULDING PEACH PICKENS PIERCE PIKE POLK PULASKI PUTNAM QUITMAN RABUN RANDOLPH RICHMOND ROCKDALE SCHLEY SCREVEN SEMINOLE SPALDING STEPHENS STEWART SUMTER

Parcel Count
1 0 1 5 44 1 2 1 1 6 0 0 2 0 2 0 0 0 0 13 0 0 0 44 1 0 5 80 20 0 0 23 28

Assessed Value Eliminated 11,603 0 8,490 80,009 1,167,771 5,010 8,717 17,662 3,810 95,568 0 0 32,100 0 110,860 0 0 0 0 294,327 0 0 0 846,823 3,548 0 67,896 480,273 964,569 0 0 261,882 200,040

County Tax Shift
102 0
114 1,325 21,739
67 130 192 35 1,289
0 0 224 0 1,604 0 0 0 0 4,129 0 0 0 16,262 34 0 832 6,467 15,330 0 0 3,042 2,646

School Tax Shift
228 0
160 1,625 18,693
79 131 253 59 2,229
0 0 702 0 1,874 0 0 0 0 4,111 0 0 0 14,968 70 0 1,283 7,501 15,481 0 0 3,942 3,646

Total Tax Shift
330 0
274 2,950 40,432
146 261 445 94 3,518
0 0 926 0 3,478 0 0 0 0 8,240 0 0 0 31,230 104 0 2,115 13,968 30,811 0 0 6,984 6,292
28

County
TALBOT TALIAFERRO TATTNALL TAYLOR TELFAIR TERRELL THOMAS TIFT TOOMBS TOWNS TREUTLEN TROUP TURNER TWIGGS UNION UPSON WALKER WALTON WARE WARREN WASHINGTON WAYNE WEBSTER WHEELER WHITE WHITFIELD WILCOX WILKES WILKINSON WORTH
TOTAL

Parcel Count
0 3 25 5 20 30 1 0 27 0 0 0 9 0 0 0 2 3 77 0 3 10 1 0 1 1 11 15 1 5
2,133

Assessed Value Eliminated 0 29,690 224,264 96,110 84,591 495,011 182,386 0 271,318 0 0 0 61,963 0 0 0 75,781 56,012 261,892 0 17,141 159,697 17,790 0 12,747 13,264 245,973 198,069 14,168 411,489
30,275,486

County Tax Shift
0 609 3,077 824 1,390 6,683 1,301
0 2,340
0 0 0 992 0 0 0 744 611 4,071 0 165 2,862 160 0 137 117 4,484 2,448 205 5,168
402,099

School Tax Shift
0 534 3,140 1,494 1,315 8,160 2,590
0 3,714
0 0 0 990 0 0 0 1,319 1,171 4,396 0 291 2,875 311 0 223 249 3,713 3,476 283 6,378
470,719

Total Tax Shift
0 1,143 6,217 2,318 2,705 14,843 3,891
0 6,054
0 0 0 1,982 0 0 0 2,063 1,782 8,467 0 456 5,737 471 0 360 366 8,197 5,924 488 11,546
872,818

29

Figure 17: Preferential Agricultural Total Tax Dollar below illustrates the amount of revenue shift and value removed as a result of the Preferential Agricultural Assessment program for the last 10 years.

Millions

$5.0

$4.0

$3.0

$2.0

$1.4

$2.0

$0.9

$0.9

$2.3

$1.1

$1.0 $1.7

$0.0

$1.2

$1.0

$0.9

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Figure 18: Preferential Agricultural Assessed Value Eliminated below illustrates the amount of revenue shift and value removed as a result of the Preferential Agricultural Assessment program for the last 10 years.

Millions

$200.0

$150.0

$100.0 $50.0 $-

$86.3 $72.1
2010 2011

$61.7 $51.4
2012 2013

$42.7
$38.0 2014 2015

$34.5

$31.8

$33.4 2016 2017

2018

$30.3 2019

30

Conservation Use Valuation
In 1991 the Legislature embraced the "current use" valuation concept by providing for the assessment of certain qualifying properties based on current use value rather than fair market value. The legislation also provided for the Commissioner to annually develop a table of current use values to be used in all counties. The table of current use values is based upon a specific formula which takes into account the amount of income the land is capable of producing when growing certain crops and timber and factors found in market data using only farmer-to-farmer land sales. The data is grouped into nine agricultural districts in Georgia. Unlike the Preferential Agricultural Assessment Program in which assessments are based on 30% of fair market value rather than 40%, the valuation of property in Conservation Use Covenants is most significant in the urban areas of north Georgia and other parts of the State where strong residential and commercial development is occurring. As a result, agricultural landowners' tax savings are generally greatest in these transitional areas. The effect of this special assessment program is a tax shift8 from those taxpayers taking advantage of this special assessment program to those taxpayers who cannot qualify for special treatment, just as any exemption for one class of taxpayers shifts the tax burden to other classes of taxpayers. Several reports, graphs, and charts are being included in this report to show the fiscal impact of Conservation Use Valuation.
8 Tax Shift - Providing property tax relief to a particular class of taxpayers through valuation reductions or exemptions, resulting in a higher tax burden for other classes of taxpayers. For example, agricultural property owners qualifying for Conservation Use Assessment are afforded an exemption equal to the difference between fair market value and current use value, while the property of residential, commercial, industrial, and other classes of taxpayers is assessed at fair market value only. As a consequence, the other classes of taxpayers are bearing more of the tax burden.
31

Table 7: Conservation Use Fiscal Impact below represents the 10 counties, ranked by total tax shift, most affected by Conservation Use Assessment. The table lists, by county, the number of applications (parcel count), and assessed value eliminated from the digest, amount of tax shift for each of the tax types, and the total tax shift.

County
Cherokee Mitchell Hall Jackson Oconee Meriwether Forsyth Worth Lumpkin Brooks

Real Parcels
1,892 1,936 2,020 2,900 2,066 2,515
726 2053 1,632 1,866

Assessed Value Eliminated 264,509,400 176,908,222 257,747,207 178,607,612 225,328,898 156,385,023 186,997,408 168,429,587 160,745,109 142,878,086

County Tax Shift
1,379,681 3,293,323 1,313,995 1,668,827 1,514,204 2,093,526 1,077,292 2,115,476 1,617,141 1,880,605

School Tax Shift
5,144,708 2,823,686 4,443,245 3,634,903 3,717,927 2,948,170 3,687,215 2,610,659 2,590,568 2,116,167

Total Tax Shift
6,524,380 6,117,000 5,757,240 5,303,730 5,232,130 5,041,690 4,764,500 4,726,130 4,207,700 3,996,770

32

Table 8: Conservation Use Valuation Assessment for Tax Year 2019 lists each county and the number of parcels receiving Conservation Use Assessment, the amount of value eliminated from the taxable digest in each county, the tax dollar shift for State, County, School, and the total tax dollar shift.

County
APPLING ATKINSON BACON BAKER BALDWIN BANKS BARROW BARTOW BEN HILL BERRIEN BIBB BLECKLEY BRANTLEY BROOKS BRYAN BULLOCH BURKE BUTTS CALHOUN CAMDEN CANDLER CARROLL CATOOSA CHARLTON CHATHAM CHATTAHOOCHEE CHATTOOGA CHEROKEE CLARKE CLAY CLAYTON CLINCH COBB COFFEE COLQUITT COLUMBIA COOK COWETA

Real Parcels
121 930 1,095 375 918 1,911 1,344 1,338 692 2,002 542 852 1,068 1,866 316 2,979 1,700 1,209 554
33 1,094 2,391
623 796 165 107 1,365 1,892 424 525 158 416 557 2,647 2,591 4,919 1,289 1,900

Assessed Value Eliminated 1,625,164 11,499,654 33,337,138 31,702,240 23,776,646 84,884,387 96,618,268 81,186,272 23,768,142 63,063,788 20,714,309 32,726,961 21,210,702 142,878,086 12,163,134 95,987,566 86,717,858 69,271,210 34,071,886 1,095,013 46,169,398 84,025,633 36,635,193 24,439,146 29,183,400 2,190,830 37,052,772 264,509,400 29,796,011 14,908,635 11,269,017 17,703,575 74,787,506 130,080,429 135,473,033 87,753,831 61,355,081 111,236,257

County Tax Shift
20,753 199,576 455,319 361,736 234,200 724,318 814,574 738,298 394,100 1,053,796 421,143 487,006 297,080 1,880,605 104,129 1,120,093 511,583 845,732 602,988 507,859 575,732 661,608 237,543 450,413 336,864
18,990 597,748 1,379,681 415,654 256,235 175,752 193,907 642,425 1,008,644 1,854,881 604,536 728,408 736,060

School Tax Shift
22,918 170,264 499,724 445,892 371,629 1,231,757 1,787,438 1,487,310 428,754 945,957 389,719 467,537 352,310 2,116,167 201,604 855,522 1,188,121 1,105,569 670,296 514,614 646,372 1,506,076 619,318 420,353 551,012
38,637 463,736 5,144,708 595,920 196,445 225,380 316,894 1,393,291 2,085,449 1,388,328 1,605,895 1,044,570 2,067,882

Total Tax Shift
43,671 369,840 955,043 807,628 605,829 1,956,075 2,602,012 2,225,608 822,854 1,999,753 810,862 954,543 649,390 3,996,772 305,733 1,975,615 1,699,704 1,951,301 1,273,284 1,022,473 1,222,104 2,167,684 856,861 870,766 887,876
57,627 1,061,484 6,524,389 1,011,574
452,680 401,132 510,801 2,035,716 3,094,093 3,243,209 2,210,431 1,772,978 2,803,942
33

County CRAWFORD CRISP DADE DAWSON DECATUR DEKALB DODGE DOOLY DOUGHERTY DOUGLAS EARLY ECHOLS EFFINGHAM ELBERT EMANUEL EVANS FANNIN FAYETTE FLOYD FORSYTH FRANKLIN FULTON GILMER GLASCOCK GLYNN GORDON GRADY GREENE GWINNETT HABERSHAM HALL HANCOCK HARALSON HARRIS HART HEARD HENRY HOUSTON IRWIN JACKSON JASPER

Real Parcels
1,053 1,023
657 978 1,776
30 1,850 1,582
290 379 1,560 336 2,139 1,731 2,311 520 1,760 608 2,390 726 2,620 579 2,101 579 213 2,479 2,203 1,344 674 1,930 2,020 1,468 1,440 1,860 1,836 1,378 1,508 868 1,596 2,900 1,669

Assessed Value Eliminated
20,794,376 44,292,616 26,116,942 114,739,208 136,089,321
1,881,830 35,771,860 81,823,843 22,541,797 27,356,496 75,773,246 12,016,787 112,437,622 61,580,261 59,902,515 19,002,089 131,275,303 38,531,104 80,865,784 186,997,408 108,054,987 90,589,810 119,317,902 12,035,955 17,617,403 118,028,767 94,702,639 68,168,786 92,689,670 141,595,684 257,747,207 60,069,618 44,014,031 101,887,585 84,419,654 42,869,399 87,344,035 70,644,340 62,223,271 178,607,612 94,472,784

County Tax Shift
291,882 515,389 215,349 928,125 1,410,566
20,273 448,436 1,554,653 350,953 279,392 756,975 180,096 737,366 646,957 702,657 182,466 516,962 169,229 775,624 1,077,292 1,170,940 916,678 1,001,998 147,200
87,041 1,136,735 1,646,879
368,262 668,200 1,655,112 1,313,995 1,068,518 462,147 955,518 497,232 292,498 1,103,922 701,852 925,136 1,668,827 1,456,015

School Tax Shift
332,710 740,838 400,373 1,810,355 2,084,752
43,433 500,806 1,342,238 413,033 567,647 1,192,216 235,950 1,851,623 981,158 838,635 266,029 1,390,599 790,697 1,485,952 3,687,215 1,707,269 1,557,789 1,700,041 197,510 289,186 2,245,171 1,287,956 1,003,376 1,987,020 1,900,639 4,443,245 853,950 684,298 1,758,580 1,111,385 659,160 2,063,765 939,358 975,785 3,634,903 1,699,565

Total Tax Shift
624,592 1,256,227
615,722 2,738,480 3,495,318
63,706 949,242 2,896,891 763,986 847,039 1,949,191 416,046 2,588,989 1,628,115 1,541,292 448,495 1,907,561 959,926 2,261,576 4,764,507 2,878,209 2,474,467 2,702,039 344,710 376,227 3,381,906 2,934,835 1,371,638 2,655,220 3,555,751 5,757,240 1,922,468 1,146,445 2,714,098 1,608,617 951,658 3,167,687 1,641,210 1,900,921 5,303,730 3,155,580

34

County
JEFF DAVIS JEFFERSON JENKINS JOHNSON JONES LAMAR LANIER LAURENS LEE LIBERTY LINCOLN LONG LOWNDES LUMPKIN MACON MADISON MARION MCDUFFIE MCINTOSH MERIWETHER MILLER MITCHELL MONROE MONTGOMERY MORGAN MURRAY MUSCOGEE NEWTON OCONEE OGLETHORPE PAULDING PEACH PICKENS PIERCE PIKE POLK PULASKI PUTNAM QUITMAN RABUN RANDOLPH RICHMOND

Real Parcels
1,085 1,701
976 1,407 1,312 1,151
659 2,783
600 210 1,045 594 1,329 1,632 1,349 2,390 910 1,081 201 2,515 921 1,936 1,602 1,147 1,770 963 139 1,030 2,066 1,952 1,521 682 675 1,530 1,759 1,194 673 770 265 732 1,203 242

Assessed Value Eliminated 23,831,364 56,804,696 45,650,591 17,357,939 82,819,556 54,718,911 25,740,576 58,916,329 59,057,199 7,127,161 27,342,236 21,872,222 83,403,084 160,745,109 51,328,649 100,741,240 20,970,780 58,719,038 7,389,850 156,385,023 39,861,863 176,908,222 93,917,368 20,597,988 118,534,023 36,033,484 12,192,053 73,096,171 225,328,898 63,476,424 100,875,461 50,189,357 53,453,876 53,874,828 71,138,089 42,819,825 12,887,025 44,231,096 9,327,440 61,012,559 49,904,371 10,036,534

County Tax Shift
366,526 999,138 556,709 266,844 1,341,816 719,937 407,216 422,725 832,588 108,984 308,612 343,285 724,606 1,617,141 542,748 1,321,468 148,599 516,728
73,093 2,093,526
660,112 3,293,323 1,248,256
307,260 1,291,428
331,369 152,362 981,682 1,514,204 442,388 835,148 726,391 415,818 584,772 1,014,571 479,197 180,792 362,828 166,691 615,190 957,034
97,134

School Tax Shift
333,639 897,344 704,936 258,060 1,638,833 1,016,513 434,192 863,927 1,157,167 116,586 546,216 351,683 1,359,491 2,590,568 946,192 1,711,594 350,610 1,156,178 115,895 2,948,170 809,834 2,823,686 1,471,591 308,631 1,694,799 558,617 284,331 1,446,427 3,717,927 1,387,849 1,891,415 848,301 811,430 876,651 1,441,756 670,730 179,993 708,405 130,454 576,569 882,110 198,663

Total Tax Shift
700,165 1,896,482 1,261,645
524,904 2,980,649 1,736,450
841,408 1,286,652 1,989,755
225,570 854,828 694,968 2,084,097 4,207,709 1,488,940 3,033,062 499,209 1,672,906 188,988 5,041,696 1,469,946 6,117,009 2,719,847 615,891 2,986,227 889,986 436,693 2,428,109 5,232,131 1,830,237 2,726,563 1,574,692 1,227,248 1,461,423 2,456,327 1,149,927 360,785 1,071,233 297,145 1,191,759 1,839,144 295,797

35

County
ROCKDALE SCHLEY SCREVEN SEMINOLE SPALDING STEPHENS STEWART SUMTER TALBOT TALIAFERRO TATTNALL TAYLOR TELFAIR TERRELL THOMAS TIFT TOOMBS TOWNS TREUTLEN TROUP TURNER TWIGGS UNION UPSON WALKER WALTON WARE WARREN WASHINGTON WAYNE WEBSTER WHEELER WHITE WHITFIELD WILCOX WILKES WILKINSON
Worth
Total

Real Parcels
388 593 1,808 876 815 774 357 1,290 1,383 660 1,817 1,341 1,349 1,079 1,421 1,105 955 507 659 1,571 1,398 1,093 1,356 1,519 1,516 1,325 1,003 792 1,567 1,843 508 1,048 1,542 936 1,445 1,752 1,086
2,053
196,900

Assessed Value Eliminated 17,198,879 24,667,087 56,698,447 74,947,112 43,123,787 22,517,195 10,025,967 56,609,072 32,420,754 13,360,627 47,653,648 31,818,962 32,029,432 39,007,244 153,280,228 58,345,579 25,447,461 21,936,609 11,119,593 91,604,338 46,726,876 32,370,541 110,220,649 45,104,067 51,988,017 113,166,016 26,894,953 21,642,323 41,341,992 69,920,908 23,831,283 24,722,439 99,426,736 38,947,310 17,853,394 50,733,893 33,765,794
168,429,587
9,825,276,425

County Tax Shift
347,245 302,172 763,558 1,191,134 713,052 335,731 116,452 748,655 519,024 274,491 653,808 272,962 526,180 526,598 1,095,130 709,891 219,433 111,328 143,610 987,770 747,817 634,463 677,196 405,486 511,665 1,234,075 418,082 280,441 398,826 1,253,192 214,482 405,162 1,068,837 343,204 325,485 626,936 487,578
2,115,476
106,732,175

School Tax Shift
424,812 465,961 885,573 1,202,901 736,425 378,289 150,901 1,031,644 455,576 240,491 667,151 494,467 498,090 642,995 2,175,412 988,374 350,741 164,020 155,674 1,726,742 746,929 537,351 1,293,990 645,890 904,206 2,297,025 451,486 398,219 702,235 1,258,576 416,261 388,414 1,738,079 722,060 269,497 890,380 675,316
2,610,659
163,220,353

Total Tax Shift
772,057 768,133 1,649,131 2,394,035 1,449,477 714,020 267,353 1,780,299 974,600 514,982 1,320,959 767,429 1,024,270 1,169,593 3,270,542 1,698,265 570,174 275,348 299,284 2,714,512 1,494,746 1,171,814 1,971,186 1,051,376 1,415,871 3,531,100 869,568 678,660 1,101,061 2,511,768 630,743 793,576 2,806,916 1,065,264 594,982 1,517,316 1,162,894
4,726,135
269,952,528

36

Millions

Figure 19: Conservation Use Revenue Shift illustrates the amount of revenue shift and the amount of value removed annually from digests affected by the Conservation Use Valuation program since 2010.

350.0 300.0 250.0 200.0

$295.1

$283.2

$261.3

$265.5

$269.2

$261.5

$263.0

267.2

$270.0 $268.2

150.0

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

Figure 20: Conservation Use Assessed Value Eliminated below illustrates the amount of revenue shift and the increasing amount of value removed annually from digests affected by the Conservation Use Valuation program since 2010.

Billions

$14.0

11.5 $12.0

$10.0

10.1

9.5

10.8

9.6

9.6

9.6

9.8

9.6 $8.0

9.6

$6.0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

37

Forest Land Conservation Use
The Georgia Forest Land Protection Act of 2008 provides for current use valuation of property primarily used for the good faith subsistence or commercial production of trees, timber, or other wood and wood fiber products.
The assessment of qualifying properties is based on current use value rather than fair market value. The bill also provided for the Commissioner to annually develop a table of current use values to be used in all counties. It is based upon a legislated formula which takes into account the amount of income the land is capable of producing when growing timber and factors found in market data using comparable sales with and for the same existing use.
This covenant agreement between the taxpayer and the local board of assessors is limited to forest land tracts consisting of more than 200 contiguous acres when owned by an individual or individuals or by any entity registered to do business in Georgia. For tax year 2019 a covenant breach is subject to a penalty in an amount equal to two times the tax savings. The effect of any special assessment program is a tax shift9 from those taxpayers taking advantage of this special assessment program to those taxpayers who cannot qualify for special treatment, just as any exemption for one class of taxpayers shifts the tax burden to other classes of taxpayers. To lessen the fiscal impact on local taxing jurisdictions there is a grant component associated with this program. A grant is paid to the taxing authorities to reimburse up to one half of the first 3% of revenue loss and 100% of the revenue loss over 3% as a result of taxpayers enrolling property in this program. Several reports, graphs, and charts show the fiscal impact of Forest Land Conservation Use Valuation.
9 Tax Shift - Providing property tax relief to a particular class of taxpayers through valuation reductions or exemptions, resulting in a higher tax burden for other classes of taxpayers. For example, agricultural property owners qualifying for Conservation Use Assessment are afforded an exemption equal to the difference between 7 market value and current use value, while the property of residential, commercial, industrial, and other classes of taxpayers is assessed at fair market value only. As a consequence, the other classes of taxpayers are bearing more of the tax burden.
38

Table 9: Forest Land Conservation Use Valuation Assessment for Tax Year 2019 lists each county and the number of parcels receiving Forest Land Conservation Use Assessment, the amount of value eliminated from the taxable digest in each county, the gross tax dollar shift for State, County, and School, the amount of the reimbursement grant paid to the County and School and the net tax shift for the taxing jurisdictions after the application of the grant. This table does not include amounts paid to municipalities or special taxing districts.
FOREST LAND PROTECTION ACT OF 2008 (TAX DIGESR YEAR-2019)

COUNTY (CO) NAME

DISTRICT NAME

FLPA 2019
PARCEL COUNT

FLPA 2019 ACREAGE

FLPA ASSESSED VALUE (J-
CLASS)

FLPA 2008 ADJUSTED VALUE (F-
CODE)

FLPA 2019 EXEMPTIONS
(SJ-CODE)

ADJUSTED 2019 ASSESSED VALUE REDUCTION

2019 MILLAGE
RATE

FLPA 2019 GRANT
CALCULATION

APPLING
ATKINSON BACON BAKER
BALDWIN BANKS BARTOW BEN HILL BERRIEN BIBB BLECKLEY BRANTLEY

CO FIRE DIST SCHOOL CO UNINCORPORATED
SCHOOL CO UNINC & INC
SCHOOL CO UNINCORPORATED
CO INCORPORATED SCHOOL CO UNINCORPORATED NEWTON
SCHOOL CO UNINCORPORATED
SCHOOL CO UNINCORPORATED
SCHOOL CO UNINCORPORATED
SCHOOL CO UNINCORPORATED
SCHOOL CO UNINCORPORATED
SCHOOL CO INCORPORATED
SCHOOL CO UNINCORPORATED
CO FIRE DIST WAYNESVILLE
SCHOOL

3

1,401.78 383,516

383,516

383,516

383,516 383,516
383,516

87,356 87,356
87,356

43,678 43,678
43,678

0.000470 0.014102
0.012770

20.53 615.95
557.77

24 27243.55 4,755,713 4,755,713
45 14,532.35 4,106,806 4,106,806

4,755,713 4,755,713
4,387,791 4,387,791

811,199 811,199
1,725,153 1,725,153

405,599.5 405,599.5
1,003,069 1,003,069

0.014806 13,656.96 0.017355 16,008.25

0.014990 0.013658

15,036.00 13,699.92

58 107,844.69

1

287.00

169,160 53,961,282
53,792,122
169,160

169,160 53,961,282
53,792,122
169,160

39 13,079.83 4,682,040 4,682,040

4,682,040 4,682,040

116,024.00 34,692,126 34,576,102
116,024
2,339,306 2,339,306

107,498.31 32,148,831.66
32,035,375.52
58,012

0.012812 0.014065
0.011404
0.005248

1,377.27 452,173.32
365,331.42
304.45

1,169,653 1,169,653

0.015630 0.009850

23,080.89 14,542.30

3

2,105.78 1,199,218 1,199,218

1,199,218 1,199,218

591,090 591,090

295,545 295,545

0.014511 0.008533

12,288.68 7,527.90

6

3,824.85 2,402,788 2,402,788

1,533,670

2,402,788 2,402,788

1,533,670

766,835 766,835

0.018750 0.009010

14,378.16 6,909.18

86 31,221.98 13,170,736 13,170,736 13,170,736 13,170,736

6,678,648 6,678,648

3,339,324 3,339,324

0.018039 0.016581

60,238.07 55,369.33

55 37,955.10 15,372,169 15,372,169 15,372,169 15,372,169

8,223,261 8,223,261

4,111,630.5 4,111,630.5

0.015000 0.016710

65,130.65 72,555.54

24

3,660.46 2,528,462 2,528,462

1,771,575

2,528,462 2,528,462

1,771,575

885,787.5 885,787.5

0.018814 16,665.21 0.020331 18,008.95

31 16,777.02 114 120,445.45

6,408,446 6,408,446
5,229,149 31,195,859

6,408,446 6,408,446
5,229,149 31,195,859

2,614,518 2,614,518
2,655,926 15,622,406

1,307,259 1,307,259

0.014286 0.014883

18,675.50 19,455.94

1,534,600.7 11,001,315.29

0.001250 4,220.80 0.016000 176,021.04
39

CO UNINCORPORATED

BROOKS

CO WIDE

DEVELOPMENT

153

AUTH

SCHOOL

CO

UNINCORPORATED

BRYAN

SCHOOL

57

CO INC & UNINC

PEMBROKE

2

BULLOCH

SCHOOL

27

CO

UNINCORPORATED

BURKE

CO UNINCORPORATED

184

CO FIRE DISTRICT

SCHOOL

BUTTS

SCHOOL

34

CO

UNINCORPORATED

CALHOUN

CO INCORPORATED 82

LEARY

2

SCHOOL

CO

UNINCORPORATED

MORGAN

CAMDEN

CO UNINC & INC

114

CO SSD - UNINC 43

CO SSD - UNINC 40

CO SSD - UNINC 42

SCHOOL

KINGSLAND

10

CANDLER

SCHOOL

37

CO

UNINCORPORATED

CARROLL

SCHOOL

16

MT ZION

1

CO UNINC & INC

CHARLTON

SCHOOL

56

CO

UNINCORPORATED

CHATHAM

CO UNINC & INC

18

SCHOOL

CO SSD - UNINC

CHATHAM AREA

TRANSIT DISTRICT

CHATTAHOOCHEE SCHOOL

10

CO

UNINCORPORATED

CHATTOOGA

SCHOOL

28

31,195,859 31,195,859 15,622,406 10,850,628.02 0.013946 151,322.86

84,831.96

71,996,040 71,996,040

71,996,040 71,996,040

71,996,040 71,996,040

54,773,297 54,773,297 54,773,297

47,674,800.45 0.000393 28,367.69

47,734,604.51 47,674,800.45

0.014811 0.013149

1,070,814.42 970,739.84

24,441.46 439.47
20,313.11

8,184,080 8,184,080 196,480
5,134,668 5,134,668

8,184,080 8,184,080 196,480
5,134,668 5,134,668

4,184,156 4,184,156 114,965
1,803,792 1,803,792

2,092,078 2,092,078 57,482.5
901,896 901,896

0.015075 0.008561 0.010000

39,484.13 22,948.70
774.45

0.009038 0.011833

9337.25 12222.92

97,294.13 14,519.17

39,441,183
39,459,776 39,459,776

39,441,183
39,459,776 39,459,776

12,364,225 12,364,225

12,364,225 12,364,225

20,582,740 20,590,373 20,590,373
9,613,197 9,613,197

10,291,370
10,295,186.5 10,295,186.5

0.005897
0.002696 0.013701

72,833.79
33,300.32 169,231.38

4,806,598.5 4,806,598.5

0.015960 0.012209

103,534.33 74,261.12

55,853.72 66.87
76,823.36
13,567.61 13,972.72

91,863 18,799 30,853,346
30,761,483
73,064

91,863 18,799 30,853,346
30,761,483
73,064

21,556,690 16,220,669
351,705 1,780,378 21,556,690 3,203,938

21,556,690 16,220,669
351,705 1,780,378 21,556,690 3,203,938

5,693,031 5,693,031

5,693,031 5,693,031

52,246 9,860 19,392,604
19,340,358
42,386
12,278,327 9,710,844 140,763 1,022,660 12,278,327 1,404,060
3,377,331
3,377,331

46,576.43 4,930
17,310,702.8
17,241,605.01
21,193

0.018542 0.013416 0.019673
0.017682
0.003096

1,017.30 66.14
478,123.97
371,653.24
160.58

6,139,163.5 6,295,704.58
70,381.5 511,330 6,139,163.5 702,030

0.015790 0.001655 0.001655 0.001655 0.016000 0.008000

98,658.39 10,419.39
116.48 846.25 99,699.52 7,553.30

1,688,665.5 1,688,665.5

0.014000 0.012470

32,118.59 29,359.76

6,992.26 113.00
86,816.31

4,590,598 94,941
4,590,598

4,590,598 94,941
4,590,598

23,729,720 23,729,720

23,729,720 23,729,720

2,901,448 69,510
2,901,448
8,121,750 8,121,750

1,450,724 34,755
1,450,724
4,060,875 4,060,875

0.017998 0.007050 0.007880

26,110.13 245.02
11,431.71

0.017200 0.018430

174,066.37 189,683.70

2,374.00

5,061,080 5,061,080.00
3,485,960
4,868,680

5,061,080 5,061,080 3,485,960
4,868,680

4,727,720 4,727,720.00
3,366,160
4,582,160

2,363,860 2,363,860 1,683,080
2,291,080

0.011543 0.018881 0.004911
0.001150

28,382.87 44,632.04 8,846.14
2,634.74

6,219.58

2,003,519 2,003,519

2,003,519 2,003,519

680,546 680,546

340,273 340,273

0.017636 0.008668

7,418.90 3,646.24

13,776.51 6,575,288 6,575,288

3,668,221

1,834,110.5

0.012595 39,418.21
40

CHEROKEE CLAY CLINCH
COFFEE COLQUITT
COLUMBIA COOK COWETA
CRAWFORD CRISP DAWSON DECATUR

CO UNINCORPORATED

CO FIRE DIST UNINC

6

SCHOOL

CO

UNINCORPORATED

SCHOOL

44

CO

UNINCORPORATED

CO UNINCORPORATED

128

CO WIDE HOSPITAL

CO WIDE

DEVELOPMENT

AUTH

SCHOOL

SCHOOL

36

CO

UNINCORPORATED

CO INCORPORATED 137

CO

UNINCORPORATED

NORMAN PARK

2

CO SSD

SCHOOL

CO UNINC FIRE DISTRICT

518

SCHOOL

CO

UNINCORPORATED

SCHOOL

26

CO

UNINCORPORATED

CO INCORPORATED 31 CO UNINCORPORATED GRANTVILLE CO FIRE DISTRICT SCHOOL

SCHOOL

142

CO

UNINCORPORATED

CO SSD - UNINC

57

SCHOOL

CO

UNINCORPORATED

SCHOOL

3

CO

UNINCORPORATED

BAINBRIDGE

3

SCHOOL

198

CO UNINC & INC

6,575,288 6,575,288

2,418.20

3,328,440 3,328,440 3,328,440

3,328,440 3,328,440 3,328,440

13,961.30

4,541,880 4,541,880

4,541,880 4,541,880

375,152.89

103,817,520 103,817,520

103,817,520 103,817,520

103,817,520 103,817,520

103,817,520 103,817,520

19,223.52

9,754,669 9,754,669

9,754,669 9,754,669

37,143.86 147.25

133,279
24,319,939
133,279 24,453,218 24,453,218

133,279
24,319,939
133,279 24,453,218 24,453,218

19,369.10

24,221,785 24,221,785 24,221,785

24,221,785 24,221,785 24,221,785

7,553.17

5,061,831 5,061,831

5,061,831 5,061,831

4,820.35 58,462.62

28,926
2,736,532
28,926 2,765,458 2,765,458

28,926
2,736,532
28,926 2,765,458 2,765,458

16,179,062 16,179,062

16,179,062 16,179,062

11,663.40

5,796,394 5,796,394
5,796,394

5,796,394 5,796,394
5,796,394

828.23
745.85 75,704.83

1,305,080
1,305,080
419,505 48,066,438 48,066,438

1,305,080
1,305,080
419,505 48,066,438 48,066,438

3,668,221
2,606,720 2,606,720 2,606,720
1,840,421 1,840,421
48,415,714 48,415,714 48,415,714 48,415,714
6,750,749 6,750,749
94,266 16,115,902
94,266 16,210,168 16,210,168
20,349,177 20,349,177 20,349,177
3,786,494 3,786,494
17,553 1,680,592
17,553 1,698,145 1,698,145
4,625,689 4,625,689
3,270,147 3,270,147 3,270,147
1,061,626 1,061,626 291,165 33,803,728 33,803,728

1,834,110.5 0.016091 46,758.67

1,303,360 1,303,360 1,303,360

0.003269 0.018450 0.005216

5,450.21 31,463.88 8,907.31

920,210.5 920,210.5

0.013177 0.017187

41,177.76 51,579.52

44,139,123.38 44,139,123.38

0.010953 0.004000

807,986.76 295,074.14

44,139,123.38 0.000500 36,884.27

44,160,420.27 0.017900 1,320,714.15

3,375,374.5 3,375,374.5

0.016032 0.007754

75,758.97 36,641.67

47,133
8,057,951
47,133 8,105,084 8,105,084

0.016526
0.013646
0.012180 0.001300 0.010248

778.92
121,648.86
574.08 11,785.72 88,914.23

10,174,588.5 10,174,588.5 10,174,588.5

0.002558 0.018300 0.005999

26,026.60 190,440.61 63,199.34

1,893,247 1,893,247

0.016025 0.011872

30,339.28 22,476.63

8,776.5 840,296 8,776.5 849,072.5 849,072.5
2,312,844.5 2,312,844.5

0.007460
0.006600
0.005945 0.003750 0.018590

164.73
9,603.84
108.99 5,378.84 27,308.76

0.016000 0.014030

102,976.76 87,764.31

1,635,073.5 1,635,073.5
1,635,073.5

0.001147 0.016726
0.011636

2,097.25 31,576.94
21,954.73

530,813
530,813
145,582.5 20,430,093.97 20,430,093.97

0.015778 12,643.70

0.008089 6,516.18

0.004075 0.015319 0.010365

767.31 880,585.80 594,966.04

41

DODGE DOOLY DOUGHERTY DOUGLAS EARLY ECHOLS EFFINGHAM ELBERT EMANUEL
EVANS FANNIN FLOYD FRANKLIN

CHESTER

1

SCHOOL

114

CO UNINC & INC

SCHOOL

105

VIENNA

2

CO UNINC & INC

CO UNINC SPECIAL SVC DIST

58

SCHOOL

CO

UNINCORPORATED

SCHOOL

2

CO

UNINCORPORATED

BLAKELY

314

SCHOOL

ARLINGTON - EARLY 1

DAMASCUS

5

CO UNINC & INC

SCHOOL

73

CO

UNINCORPORATED

CO UNINCORPORATED

108

CO WIDE

INDUSTRIAL AUTH

CO WIDE HOSPITAL

SCHOOL

SCHOOL

30

CO

UNINCORPORATED

SCHOOL

195

SSD - ADRIAN #5

SSD - STILLMORE #7

CO SSD - UNINC #1

ADRIAN

1

SSD - OAK PARK

SWAINSBORO

1

CO UNINC & INC

SCHOOL

14

CO

UNINCORPORATED

SCHOOL

4

CO UNINCORPORATED

CO UNINC FIRE DISTRICT 77 CO UNINC SOLID WASTE SCHOOL CO UNINC & INC

SCHOOL

2

CO

UNINCORPORATED

220.00 35,843.91
41,271.35 69.00

72,748 11,001,488 11,001,488

72,748 11,001,488 11,001,488

17,884,440 33,440
17,884,440

17,884,440 33,440
17,884,440

29,242 4,469,854 4,469,854
8,568,680 19,447
8,568,680

14,621 2,234,927 2,234,927
4,284,340 9,723.5 4,284,340

0.001000 0.014000 0.012536

14.62 90,889.64 90,889.64

0.016404 0.013500 0.019000

70,280.31 131.27
70,280.31

68,510.06

41,458,800 41,458,800 41,458,800

41,458,800 41,458,800 41,458,800

28,366,059 28,366,059 28,366,059

19,802,715.02 14,183,029.5 14,183,029.5

0.009173 0.018323 0.015569

181,650.30 259,875.65 220,815.59

689.10

945,040 945,040

945,040 945,040

783,267 783,267

391,633.5 391,633.5

0.019650 0.010213

10,345.76 5,365.54

90,179.65
23.20 386.61

177,078 45,037,210
24,461 209,698 45,037,210

177,078 45,037,210
24,461 209,698 45,037,210

201,275.71

41,054,892 41,054,892

41,054,892 41,054,892

94,630 26,329,295
18,839 127,649 26,329,295
11,774,818
11,774,818

47,315 19,638,776.11
9,419.5 63,824.5 19,638,776.11

0.004250 0.015734 0.010584 0.010937 0.009990

435.39 584,499.96
139.45 1,680.35 370,750.47

9,910,331.52 9,900,759.05

0.015501 0.014987

153,620.05 148,382.68

55,924.00 20,986.50

26,719,002 26,719,002

26,719,002
26,719,002 26,719,002

26,719,002
26,719,002 26,719,002

11,550,707 11,550,707

11,550,707 11,550,707

18,301,666
18,301,666 18,301,666 18,301,666
5,255,112 5,255,112

9,150,833
9,150,833 9,150,833 9,150,833
2,627,556 2,627,556

0.006558 60,011.16

0.002000
0.001977 0.016468

18,301.67
18,091.20 150,695.92

0.015933 0.010504

63,069.18 43,862.46

101,529.64
41.00 238.81

31,818,119 22,812 96,239
31,152,045 22,812 477,649 69,374
31,818,119

31,818,119 22,812 96,239
31,152,045 22,812 477,649 69,374
31,818,119

6,776.08

2,517,960 2,517,960

2,517,960 2,517,960

13,208,620 13,728 53,007
12,890,498 13,728 217,833 33,554
13,208,620
1,462,187
1,462,187

6,604,310 6,864
26,503.5 8,272,559.93
6,864 119,795.07
16,777 6,604,310

0.014000 0.002286 0.002286 0.002286 0.011000 0.002286 0.019353 0.011730

170,238.52 15.69 60.59
33,120.30 75.50 521.86
1,181.78 144,934.95

731,093.5 731,093.5

0.014000 0.009532

11,499.09 7,974.39

1,198.66 14,222.00
549.69

1,786,428 1,786,428
7,539,103 7,539,103 7,539,279 7,539,279
188,983 188,983

1,786,428 1,786,428
7,539,103 7,539,103 7,539,279 7,539,279
188,983 188,983

1,457,495 1,457,495
4,421,295 4,421,295 4,421,394 4,421,394
15,203 15,203

728,747.5 728,747.5
2,210,647.5 2,210,647.5 2,210,697 2,210,697
7,601.5 7,601.5

0.010593 10,905.55 0.003938 4,055.19

0.001650
0.000656
0.018250 0.009480

4,470.23
1,777.24
49,558.30 25,684.65

0.015800 0.010813

5,339.94 3,654.47

42

FULTON GILMER GLASCOCK GLYNN GORDON GRADY GREENE
HABERSHAM
HALL HANCOCK HARALSON HARRIS HEARD HENRY HOUSTON

CHATTAHOOCHEE HILLS

45

CO INCORPORATED

SCHOOL

SCHOOL

8

CO

UNINCORPORATED

SCHOOL

53

CO

UNINCORPORATED

SCHOOL

82

CO

UNINCORPORATED

SCHOOL

9

CO

UNINCORPORATED

SCHOOL

56

CO

UNINCORPORATED

CO UNINCORPORATED

166

CO FIRE - WALKER

CHURCH

CO FIRE - LIBERTY

CO FIRE - OLD

SALEM

SCHOOL

CO WIDE HOSPITAL 8 SCHOOL CO UNINCORPORATED

CO UNINC FIRE DISTRICT

3

SCHOOL

CO

UNINCORPORATED

SCHOOL

229

CO

UNINCORPORATED

SCHOOL

66

TALLAPOOSA

2

CO UNINC & INC

SHILOH

2

SCHOOL

154

CO UNINC & INC

SCHOOL

65

CO

UNINCORPORATED

SCHOOL

3

CO

UNINCORPORATED

CO FIRE DISTRICT

55

7,653.35 6,087.62

18,688,000
18,688,000 18,688,000

18,688,000
18,688,000 18,688,000

4,520,440 4,520,440

4,520,440 4,520,440

16,079,210 16,079,210 16,079,210
2,886,125 2,886,125

12,973,410.48
8,039,605 8,039,605

0.010000
0.009899 0.017796

153,228.98
92,306.56 161,892.21

1,443,062.5 1,443,062.5

0.014248 0.006898

49,428.29 23,877.87

14,757.03

4,668,945 4,668,945

4,668,945 4,668,945

2,134,106 2,134,106

1,067,053 1,067,053

0.016410 0.012230

81,130.26 60,480.00

26,105.20

13,737,440 13,737,440

13,737,440 13,737,440

10,795,521 10,795,521

5,397,760.5 5,397,760.5

0.016157 0.004863

100,788.14 43,335.04

5,584.28

3,359,500 3,359,500

3,359,500 3,359,500

2,114,039 2,114,039

1,057,019.5 1,057,019.5

0.019172 0.009631

26,486.24 13,305.29

34,683.00

19,397,969 19,397,969

19,397,969 19,397,969

12,545,691 12,545,691

6,272,845.5 6,272,845.5

0.013600 0.017390

102,361.44 117,638.57

46,078.76 892.17

28,756,633 28,756,633

427,720 1,088,160 4,981,960 28,756,633

427,720 1,088,160 4,981,960 28,756,633

1,894,328 1,894,328
1,894,328

1,894,328 1,894,328
1,894,328

18,981,097
324,224 684,717 4,544,690 18,981,097
1,628,164 1,628,164 1,628,164

9,490,548.5
162,112 342,358.5 2,272,345 9,490,548.5
814,082 814,082 814,082

0.005375 154,665.19

0.000677 0.000752 0.000894 0.014719

292.94 389.99 10,471.90 421,821.56

0.001138 0.013423
0.011689

926.43 14,397.35
12,329.31

6,538.65

7,266,400 7,266,400 7,266,400

7,266,400 7,266,400 7,266,400

5,296,294 5,296,294 5,296,294

2,648,147 2,648,147 2,648,147

0.002650 0.017550 0.005098

8,916.26 60,891.93 17,895.63

74,079.77

34,282,494 34,282,494

34,282,494 34,282,494

18,246,052 18,246,052

12,644,892.25 12,577,415.3

0.014216 0.017788

179,759.79 223,727.06

23,980.77 241.00
104.96 61,571.92 32,134.52

11,618,871 207,594
11,618,871

11,618,871 207,594
11,618,871

140,592 38,391,566 38,391,566 15,491,218
15,491,218

140,592 38,391,566 38,391,566 15,491,218
15,491,218

6,679,788 162,275 6,679,788
121,408 26,928,401 26,928,401 7,761,088
7,761,088

3,339,894 81,137.5 3,339,894

0.015607 0.007190 0.010500

97,345.61 1,127.08 66,271.40

60,704 13,464,200.5 13,464,200.5
3,880,544
3,880,544

0.005500 0.017260 0.009380 0.015376
0.006823

419.58 596,810.47 596,810.47 133,840.88
58,842.06

1,071.42 29,816.00

1,103,240 1,103,240 14,598,890

1,103,240 1,103,240 14,598,890

824,080 824,080 9,008,769

412,040 412,040 4,504,384.5

0.020000 8,240.80 0.012733 5,246.51 0.001177 7,863.41
43

IRWIN
JACKSON JASPER JEFF DAVIS JEFFERSON JENKINS JOHNSON JONES LAMAR LANIER LAURENS LEE LIBERTY
LINCOLN

SCHOOL CO UNINCORPORATED

CO UNINC INDUSTRIAL AUTH

40

SCHOOL

CO

UNINCORPORATED

CO FIRE - SOUTH JACKSON

1

SCHOOL

CO

UNINCORPORATED

SCHOOL

112

CO

UNINCORPORATED

SCHOOL

69

CO

UNINCORPORATED

SCHOOL

150

CO

UNINCORPORATED

SCHOOL

117

CO

UNINCORPORATED

WRIGHTSVILLE

2

KITE

1

SCHOOL

88

CO UNINC & INC

SCHOOL

158

CO

UNINCORPORATED

SCHOOL

30

CO

UNINCORPORATED

SCHOOL

47

CO

UNINCORPORATED

EAST DUBLIN 47% 1

SCHOOL

104

CO UNINC & INC

SCHOOL

98

LEESBURG

1

CO UNINC & INC

SCHOOL

56

OUNTY WIDE

INDUSTRIAL AUTH

CO WIDE HOSPITAL

CO UNINC & INC

CO WIDE INDUSTRIAL AUTH

33

SCHOOL

14,405.04
202.11
46,370.64 52,286.30 65,170.79 48,279.63
134.72 41.00 24,930.98 43,882.22 12,145.97 25,018.94 122.21 41,012.09 51,867.07 30.00 26,406.10
10,714.98

14,598,890 14,598,890

14,598,890 14,598,890

4,842,413 4,842,413 4,842,413

4,842,413 4,842,413 4,842,413

250,320 250,320 250,320

250,320 250,320 250,320

32,336,010 32,336,010

32,336,010 32,336,010

14,619,239 14,619,239

14,619,239 14,619,239

21,644,970 21,644,970

21,644,970 21,644,970

24,179,949 24,179,949

24,179,949 24,179,949

36,916 17,520 6,338,941 6,338,941

36,916 17,520 6,338,941 6,338,941

33,716,348 33,716,348

33,716,348 33,716,348

7,177,828 7,177,828

7,177,828 7,177,828

11,093,880
11,093,880
41,223 11,280,887 11,280,887 38,666,640
28,720 38,666,640

11,093,880
11,093,880
41,223 11,280,887 11,280,887 38,666,640
28,720 38,666,640

9,648,140
9,648,140
9,648,140 9,648,140

9,648,140
9,648,140
9,648,140 9,648,140

4,619,400 4,619,400

4,619,400 4,619,400

9,008,769 9,008,769
2,167,396 2,167,396 2,167,396
182,767 182,767 182,767
23,459,135 23,459,135
5,517,735 5,517,735
8,669,677 8,669,677
15,696,988 15,696,988
4,474 8,402 1,254,944 1,254,944
25,113,159 25,113,159
4,371,622 4,371,622
7,128,492 7,128,492
17,770 3,116,656 3,116,656 28,038,595
20,284 28,038,595
5,850,661 5,850,661 5,850,661 5,850,661
1,291,684 1,291,684

4,504,384.5 4,504,384.5

0.013297 0.009935

88,835.84 66,374.68

1,083,698 1,083,698 1,083,698

0.000950 0.015682 0.014868

1,029.51 16,994.55 16,112.42

91,383.5 91,383.5 91,383.5

0.001950 0.018655 0.009166

206.02 1,988.66 990.24

16,877,204.16 16,821,448.1

0.017990 0.015412

778,526.12 685,737.53

2,758,867.5 2,758,867.5

0.014000 0.015380

38,624.15 42,431.38

4,334,838.5 4,334,838.5

0.015797 0.017589

241,995.79 274,646.49

12,105,516.47 12,073,346.63

0.015442 0.012195

271,486.36 183,499.49

2,237 4,201 627,472 627,472

0.012649 0.008083 0.014867 0.015373

28.30 33.96 79,548.73 81,780.72

14,787,896.87 14,629,153.7

0.018000 0.016197

333,084.89 297,471.20

2,185,811 2,185,811

0.017077 0.013157

37,327.09 28,758.72

4,470,407.73
4,444,362.04
8,885 1,558,328 1,558,328 14,019,297.5
10,142 14,019,297.5

0.016868
0.015820
0.004080 0.014669 0.007175 0.018594 0.005994 0.014098

104,804.95
97,841.96
36.25 35,528.40 17,427.95 333,922.93
60.79 252,713.93

2,925,330.5
2,925,330.5
2,925,330.5 2,925,330.5

0.016358
0.002000
0.003843 0.015300

120,373.10
14,600.76
28,055.34 108,787.84

645,842 645,842

0.001000 926.76 0.017000 15,754.92
44

LONG LOWNDES
LUMPKIN MACON MADISON MARION MCDUFFIE MCINTOSH
MERIWETHER
MILLER MITCHELL MONROE MONTGOMERY MORGAN

CO UNINCORPORATED

LUDOWICI

1

SCHOOL

103

CO UNINC & INC

IND SCHOOL VALDOSTA

67

VALDOSTA

1

SCHOOL

CO UNINC & INC

CO UNINCORPORATED

3

SCHOOL

CO UNINCORPORATED

55

SCHOOL

CO UNINCORPORATED

15

SCHOOL

CO WIDE

INDUSTRIAL AUTH

SCHOOL

181

CO

UNINCORPORATED

SCHOOL

71

CO

UNINCORPORATED

SCHOOL

57

CO WIDE

INDUSTRIAL AUTH

DARIEN 100%

5

CO UNINC & INC

LUTHERSVILLE

1

GREENVILLE

4

SCHOOL

166

GAY

3

MANCHESTER

1

CO UNINC & INC

SCHOOL

38

COLQUITT

2

CO UNINC & INC

SCHOOL

47

CO

UNINCORPORATED

SCHOOL

124

CO

UNINCORPORATED

02-SCHOOL

47

CO UNINC & INC

SCHOOL

134

4,619,400 4,619,400

1,291,684

645,842

0.011287 10,381.37

82.47 80,180.53

42,676 23,909,767 23,909,767

42,676 23,909,767 23,909,767

32,965 12,627,966 12,627,966

16,482.5 7,965,506.27 7,965,506.27

0.007000 0.014481 0.015695

328.08 168,803.40 182,443.99

73,097.54 530.00

387,219
387,219 37,082,637 37,469,856.00

387,219
387,219 37,082,637
37,469,856.00

303,241
303,241 25,415,679 25,718,920.00

151,620.5
151,620.5 12,707,839.5 12,859,460.00

0.016751
0.007809 0.016384 0.008688

2,539.79
1,184.00 208,205.24 111,722.99

1,606.81

2,697,482 2,697,482

2,697,482 2,697,482

2,199,274 2,199,274

1,099,637 1,099,637

0.010053 0.016116

30,959.71 47,290.45

20,249.46

7,646,059 7,646,059

7,646,059 7,646,059

3,189,054 3,189,054

1,594,527 1,594,527

0.010546 0.018434

42,381.15 73,423.36

3,234.96

2,413,969 2,513,803 2,513,803

2,413,969 2,513,803 2,513,803

1,390,408 1,463,388 1,463,388

695,204 731,694 731,694

0.013107 0.016990 0.001000

14,245.90 18,478.06 1,087.59

70,596.78

31,212,756 31,212,756

31,212,756 31,212,756

16,707,218 16,707,218

13,559,402.15 13,532,908.82

0.014966 0.007086

388,114.44 183,167.59

21,460.19

9,708,442 9,708,442

9,708,442 9,708,442

5,936,350 5,936,350

2,968,175 2,968,175

0.019690 0.008800

98,197.15 43,887.00

62,645.29
1,219.51
22.00 112.78 45,736.24 115.37 348.89 19,897.41 1,276.02
19,012.22

20,993,120
20,993,120
2,074,700 20,993,120

20,993,120
20,993,120
2,074,700 20,993,120

18,080 124,440 44,111,447 145,120 372,560 44,111,447 11,687,880 643,177 11,687,880

18,080 124,440 44,111,447 145,120 372,560 44,111,447 11,687,880 643,177 11,687,880

11,687,880 11,687,880

11,687,880 11,687,880

12,586,245
12,586,245
1,655,513 12,586,245
13,787 100,881 33,187,083 115,360 282,138 33,187,083 7,694,609 361,987 7,694,609
7,694,609
7,694,609

6,293,122.5
6,293,122.5
827,756.5 6,293,122.5

0.015683
0.001000
0.003431 0.009891

98,695.04
6,293.12
2,840.03 62,245.27

6,893.5 50,440.5 24,936,991.96 57,680 141,069 24,823,702.07 3,847,304.5 180,993.5 3,847,304.5

0.010160 0.016326 0.018185 0.002250 0.017858 0.013387 0.016007 0.009890 0.016560

150.51 823.49 453,479.20 137.50 2,519.21 332,314.90 61,583.80 1,790.03 37,868.30

3,847,304.5 3,847,304.5

0.016007 0.018616

61,583.80 71,621.42

44,443.11

22,430,840 22,430,840

22,430,840 22,430,840

13,358,605 13,358,605

6,679,302.5 6,679,302.5

0.015669 0.013291

527,224.47 446,212.07

22,257.84 30,824.57

6,600,772 6,600,772

6,600,772 6,600,772

23,789,681 23,789,681

2,852,762 2,852,762
17,849,931

1,426,381 1,426,381
8,924,965.5

0.015000 30,635.32 0.014917 30,288.33
0.014298 888,641.08

45

MURRAY MUSCOGEE NEWTON
OCONEE OGLETHORPE PAULDING PEACH PICKENS PIERCE PIKE POLK PULASKI
PUTNAM QUITMAN RANDOLPH

CO UNINCORPORATED

SCHOOL

11

CO

UNINCORPORATED

SCHOOL

1

SOCIAL CIRCLE

1

IND SCHOOL

SOCIAL CIRCLE

CO FIRE DISTRICT

SCHOOL

14

CO UNINC & INC

SCHOOL

2

CO

UNINCORPORATED

SCHOOL

172

CO

UNINCORPORATED

SCHOOL

7

CO

UNINCORPORATED

SCHOOL

8

CO

UNINCORPORATED

SCHOOL

17

CO

UNINCORPORATED

SCHOOL

32

CO

UNINCORPORATED

MOLENA

1

SCHOOL

28

CO UNINC & INC

SCHOOL

28

CO

UNINCORPORATED

CO FIRE DIST - UNINC

24

SCHOOL

CO

UNINCORPORATED

EATONTON

14

SCHOOL

142

CO UNINC & INC

SCHOOL

130

CO

UNINCORPORATED

CO INCORPORATED 156

CUTHBERT

5

SCHOOL

23,789,681 23,789,681 17,849,931

8,924,965.5 0.010895 676,370.64

4,263.00

1,957,680 1,957,680

1,957,680 1,957,680

1,013,453 1,013,453

506,726.5 506,726.5

0.015500 0.009194

17,488.80 10,373.68

140.50 217.78
8,714.45 335.00

134,057

134,057

370,720
370,720
9,987,480 9,987,480
10,358,200.00

370,720
370,720
9,987,480 9,987,480
10,358,200.00

250,556 250,556

250,556 250,556

101,786
325,266 325,266 8,180,318 8,180,318
8,505,584.00
143,790 143,790

50,893
162,633 162,633 4,090,159 4,090,159
4,252,792.00
71,895 71,895

0.023321 1,186.88

0.007900
0.019278
0.000892 0.019788
0.013430

1,284.80
3,135.24
4,269.41 95,553.37
66,559.45

0.016500 0.006686

4,015.78 1,582.21

54,016.89

29,661,290 29,661,290

29,661,290 29,661,290

13,313,971 13,313,971

6,656,985.5 6,656,985.5

0.018884 0.006964

225,294.09 92,228.62

2,760.66

3,502,800 3,502,800

3,502,800 3,502,800

2,922,450 2,922,450

1,461,225 1,461,225

0.018750 0.006079

69,244.71 22,308.80

2,619.34

2,033,680 2,033,680

2,033,680 2,033,680

1,540,302 1,540,302

770,151 770,151

0.016902 0.014473

13,017.09 11,146.40

8,781.00

13,517,030 13,517,030

13,517,030 13,517,030

10,851,990 10,851,990

5,425,995 5,425,995

0.015180 0.007779

98,110.75 50,224.36

20,871.72

5,392,088 5,392,088

5,392,088 5,392,088

1,865,604 1,865,604

932,802 932,802

0.016272 0.010836

20,625.29 12,916.68

.72 10,543.65
12,174.01

1,852 8,181,173 8,181,173
5,635,704 5,635,704

1,852 8,181,173 8,181,173
5,635,704 5,635,704

1,606 5,825,824 5,825,824
2,815,743 2,815,743

803 2,912,912 2,912,912
1,407,871.5 1,407,871.5

0.008000 0.018665 0.014262
0.015664 0.011191

6.42 63,290.28 48,354.76
27,171.15 19,393.47

12,647.46

3,929,313 3,929,313
3,929,313

3,929,313 3,929,313
3,929,313

1,480,224 1,480,224
1,480,224

740,112 740,112
740,112

0.000749 0.013967
0.014029

899.28 16,766.28
16,841.77

1,922.14 37,714.44
60,567.85

1,632,508 26,641,249 26,641,249

1,632,508 26,641,249 26,641,249

22,961,638 22,961,638

22,961,638 22,961,638

1,238,955 18,831,940 18,831,940
12,773,972 12,773,972

619,477.5 9,415,970 9,415,970

0.009994 0.016016 0.008203

6,822.79 247,877.07 126,962.13

11,598,948.16 11,480,355.31

0.013986 0.015884

311,100.47 351,412.06

65,863.74 68.67

20,601 20,601 22,485,818

20,601 20,601 22,485,818

7,558 7,558 10,979,775

5,430.47 3,779
8,072,711.58

0.018707 0.009750 0.017676

332.59 36.85 312,484.61

46

RICHMOND
SCHLEY SCREVEN
SEMINOLE SPALDING STEPHENS STEWART SUMTER TALBOT TALIAFERRO TATTNALL
TAYLOR TELFAIR TERRELL

CO UNINCORPORATED

SCHOOL

15

CO WIDE CAPITAL

OUTLAY

CO FIRE - BLYTHE

CO FIRE - UNINC

CO UNINC & INC

SCHOOL

72

CO

UNINCORPORATED

CO WIDE INDUSTRIAL AUTH

271

SCHOOL

ROCKY FORD

2

CO UNINC & INC

CO WIDE LIBRARY FEES

33

SCHOOL

CO

UNINCORPORATED

CO FIRE - UNINC

13

SCHOOL

CO

UNINCORPORATED

SCHOOL

1

CO

UNINCORPORATED

SCHOOL

322

CO UNINCORPORATED

SCHOOL

124

CO

UNINCORPORATED

SCHOOL

226

GENEVA

1

JUNCTION CITY

4

CO UNINC & INC

SCHOOL

167

CO

UNINCORPORATED

CO INCORPORATED

MANASSAS

1

SCHOOL

59

GLENNVILLE

1

CO UNINC & INC

CO UNINCORPORATED

107

SCHOOL

CO UNINCORPORATED

156

SCHOOL

CO UNINCORPORATED

125

22,465,217 22,465,217 10,972,217 7,883,601.91 0.017507 280,939.61

12,090.25 28,656.20

4,483,701
4,483,701
27,400 4,456,301 4,483,701

4,483,701
4,483,701
27,400 4,456,301 4,483,701

13,682,779 13,682,779

13,682,779 13,682,779

1,691,127 1,691,127
22,632 1,668,495 1,691,127
7,819,080 7,819,080

845,563.5
845,563.5
11,316 834,247.5 845,563.5

0.019794
0.000772
0.003300 0.002112 0.009678

28,708.08
1,118.81
37.34 3,046.16 14,079.92

6,062,482.26 6,049,764.03

0.016601 0.012250

100,643.27 74,109.61

119,868.15 298.45

40,364,030
40,364,030 121,480
40,364,030

40,364,030
40,364,030 121,480
40,364,030

17,753,266
17,753,266 48,125
17,753,266

11,582,949.14
11,637,232.23 24,062.5
11,637,232.23

0.000774
0.015619 0.005000 0.013467

23,436.56
471,137.14 120.31
405,372.62

17,728.70

15,082,519 15,082,519 15,082,519

15,082,519 15,082,519 15,082,519

11,432,814 11,432,814 11,432,814

7,096,361.38 7,244,302.28 7,179,798.17

0.000743 0.016050 0.015893

7,187.58 167,449.83 155,877.97

967.12

911,361 911,361
911,361

911,361 911,361
911,361

676,006 676,006
676,006

338,003 338,003
338,003

0.003610 0.017077
0.016535

1,220.19 5,772.08
5,588.88

1,236.18

620,994 620,994

620,994 620,994

262,382 262,382

131,191 131,191

0.016800 0.014910

3,721.54 3,302.87

172,388.76

46,239,148 46,239,148

46,239,148 46,239,148

51,917.73

23,983,160 23,983,160

23,983,160 23,983,160

14,694,868 14,694,868
12,113,891 12,113,891

11,879,530.18 0.015051 231,859.07 11,865,189.32 0.011615 178,762.51

6,056,945.5 6,056,945.5

0.018224 0.013225

134,051.47 97,280.00

72,058.48 20.83 273.73
52,700.23
47.00 35,659.21
32.40

25,182,297 7,967 117,867
25,182,297 20,378,760
20,223,760
155,000 15,472 10,041,404 18,452 10,041,404

25,182,297 7,967
117,867 25,182,297 20,378,760
20,223,760
155,000 15,472 10,041,404 18,452 10,041,404

9,878,375 3,159 60,710
9,878,375 9,855,725
9,768,289
87,436 2,481 4,723,952 11,934 4,723,952

6,626,366.83 1,579.5 30,355
6,626,366.83 8,783,631.2
8,687,696.23
77,763.61 1,240.5 2,361,976 5,967 2,361,976

0.014052 0.006000 0.002210 0.016009 0.018000
0.020502
0.021726 0.002549 0.014000 0.007967 0.013720

230,869.85 9.48
301.35 262,255.10 420,979.84
476,133.04
1,782.46 9.24
52,591.36 66.69
53,132.33

36,019.26

12,650,137 12,650,137

12,650,137 12,650,137

4,591,046 4,591,046

2,295,523 2,295,523

0.008570 0.015540

82,470.79 161,139.89

61,700.79 32,867.02

18,465,033 18,465,033 13,647,940

18,465,033 18,465,033 13,647,940

7,663,357 7,663,357 6,777,870

3,831,678.5 3,831,678.5 3,388,935

0.016428 0.015551 0.013500

96,731.52 92,088.74 55,335.46

47

THOMAS
TIFT TOOMBS
TREUTLEN TROUP TURNER TWIGGS UPSON WALKER WALTON WARE WARREN WASHINGTON

SCHOOL

CO WIDE EMS

164

BOSTON

1

IND SCHOOL

THOMASVILLE

CO INCORPORATED

SCHOOL

CO

UNINCORPORATED

CO FIRE DIST 1

CO FIRE DIST 2

CO FIRE DIST 3

CO FIRE DISTRICT

6

SCHOOL

CO

UNINCORPORATED

VIDALIA - TOOMBS 1

IND SCHOOL

VIDALIA

LYONS

1

CO WIDE

DEVELOPMENT

AUTH

SCHOOL

50

CO UNINC & INC

CO UNINCORPORATED 85 SCHOOL

HOGANSVILLE

2

SCHOOL

94

CO UNINC & INC

SCHOOL

143

CO UNINCORPORATED

CO UNINCORPORATED

134

SCHOOL

THOMASTON

1

SCHOOL

119

CO UNINC & INC

CO UNINCORPORATED

1

SCHOOL

IND SCHOOL

SOCIAL CIRCLE

SOCIAL CIRCLE

4

SCHOOL

11

CO UNINC & INC

CO UNINCORPORATED

244

SCHOOL

CAMAK

2

SCHOOL

192

CO UNINC & INC

SANDERSVILLE

4

13,647,940 13,647,940

97,156.51 29.85

113,704,611 38,216
652,517
690,733 113,052,094
113,013,878
2,328,502 27,971,851 82,751,741

113,704,611 38,216
652,517
690,733 113,052,094
113,013,878
2,328,502 27,971,851 82,751,741

2,708.05

1,878,043 1,878,043
1,878,043

1,878,043 1,878,043
1,878,043

6,777,870
91,779,085 30,578 558,886 589,464
91,220,199 91,189,621 1,906,703 22,612,112 66,701,384
1,273,121 1,273,121 1,273,121

3,388,935 0.016484 67,980.42

67,346,686.62 15,289
279,443
434,988.8 77,277,369.27
67,292,427.44
953,351.5 19,393,243 58,237,137.37

0.001720 0.012943
0.018611
0.008913 0.014203
0.007131
0.003038 0.003037 0.002329

153,009.26 197.89
7,155.64
3,964.03 1,392,233.24
654,315.67
3,206.37 63,184.38 181,046.86

636,560.5 636,560.5
636,560.5

0.001257 0.016940
0.012167

902.72 12,618.43
9,062.89

24.00 347.70
23,708.45
44,538.37
36.71 27,237.19
25,719.97 56,439.06
245.00 51,561.03

13,569 13,569 144,360

13,569 13,569 144,360

10,310 10,310 81,818

9,317,080 9,317,080

4,931,227

9,303,511 9,303,511

4,920,917

9,317,080.00 9,317,080.00 4,931,227.00

14,151,440 14,151,440 14,151,440 14,151,440

5,805,052 5,805,052

57,680 20,443,640 20,443,640

57,680 20,443,640 20,443,640

47,760 14,692,570 14,692,570

11,278,158 11,278,158
21,537,102
21,537,102 145,130
22,418,291 22,418,291

11,278,158 11,278,158
21,537,102
21,537,102 145,130
22,418,291 22,418,291

4,766,613 4,766,613
10,339,249
10,339,249 91,539
11,837,654 11,837,654

5,155 5,155 40,909

0.004201 0.015000 0.003890

21.66 77.33 159.14

2,465,613.5 0.001000 2,465.61

2,460,458.5 0.014003 34,453.80 2,465,613.50 0.008623 21,274.61

3,878,024.08 0.012915 117,713.58 3,910,715 0.014000 127,412.51

23,880 7,346,285 7,346,285

0.007950 0.018850 0.010609

189.85 214,232.01 121,376.70

2,383,306.5 2,383,306.5
6,317,156.05
6,317,156.05 45,769.5 5,918,827 5,918,827

0.015985 0.016004
0.019600
0.016600 0.003560 0.014320 0.008990

96,310.48 96,296.94
123,816.26
104,864.79 267.80
116,682.74 73,278.55

331.01

189,453 189,453

189,453 189,453

117,311 117,311

58,655.5 58,655.5

0.009822 0.017404

1,102.48 1,871.91

205.76 1,868.17

318,440
318,440 2,183,040.00 2,501,480.00

318,440
318,440 2,183,040 2,501,480.00

255,869
255,869 1,572,704 1,828,573.00

127,934.5
127,934.5 786,352 914,286.50

0.019278
0.007900 0.018600 0.010905

9,510.05
3,827.75 28,722.70 19,354.57

135,725.18
119.90 54,896.90
406.57

37,314,788 37,314,788
64,435 23,465,814 23,465,814
254,960

37,314,788 37,314,788
64,435 23,465,814 23,465,814
254,960

17,482,692 17,482,692
37,536 13,190,161 13,190,161
155,011

8,741,346 8,741,346

0.015545 0.016787

135,884.22 146,740.98

18,768 10,488,257.92 10,488,257.92

0.005753 0.018400 0.129580

107.97 230,222.47 169,692.94

77,505.5

0.006635 1,618.27
48

WAYNE WEBSTER WHEELER WHITFIELD WILCOX WILKES
WILKINSON WORTH

SCHOOL

194

CO UNINC & INC

SCHOOL

212

CO

UNINCORPORATED

SCHOOL

105

CO UNINC & INC

SCHOOL

73

CO

UNINCORPORATED

SCHOOL

2

CO

UNINCORPORATED

CO UNINCORPORATED

83

SCHOOL

TIGNALL

2

SCHOOL

200

CO INCORPORATED

CO

UNINCORPORATED

MCINTYRE

1

SCHOOL

80

CO UNINC & INC

CO

UNINCORPORATED

SCHOOL

CO WIDE INDUSTRIAL AUTH

62

97,954.31

35,565,320 35,565,320 35,565,320 35,565,320

160,765.32

74,619,718 74,619,718

74,619,718 74,619,718

43,280.71 38,444.75

18,705,397 18,705,397 18,705,397 18,705,397

12,380,920 12,380,920

12,380,920 12,380,920

1,174.80

1,008,747 1,008,747

1,008,747 1,008,747

34,287.14
60.04 75,772.23

10,300,685 10,300,685

10,300,685 10,300,685

27,942 34,277,826
27,942
34,249,884

27,942 34,277,826
27,942
34,249,884

44.00 52,517.51

15,979 16,186,178 16,186,178

15,979 16,186,178 16,186,178

83,389.55

58,115,064 58,115,064 58,115,064

58,115,064 58,115,064 58,115,064

15,305,248 15,305,248
49,970,247 49,970,247

7,652,624 7,652,624

0.016986 414,921.35 0.009647 234,830.58

39,723,608.07 38,301,642.21

0.018000 0.017923

841,609.30 814,158.52

9,384,483 9,384,483
5,770,591 5,770,591

7,822,846.21 0.016959 255,769.26 7,822,846.21 0.009000 13,570.33

3,558,708.83 3,529,079.11

0.015711 0.016351

84,957.97 88,534.86

690,226 690,226

345,113 345,113

0.018756 0.008812

9,684.99 4,773.91

3,118,146 3,118,146
7,167 10,757,361
7,167 10,750,194

1,559,073 1,559,073

0.018231 0.015095

28,423.46 23,534.21

3,583.5 5,382,782.59
3,583.5
5,375,097

0.010655 0.017550 0.012598
0.012351

38.18 287,923.62
237.84
202,824.44

10,767 7,652,943 7,652,943

5,383.5 3,826,471.5 3,826,471.5

0.005720 0.020000 0.014440

30.79 76,529.43 55,254.25

40,517,300 40,517,300 40,517,300

32,313,396.86 32,333,418.89 32,222,745.68

0.012560 0.015500 0.000591

405,856.26 501,167.99 19,043.64

TOTAL

11764 5631025.07

43,564,687.34

49

Taxation of Standing Timber
For ad valorem tax purposes standing timber is taxed only once following its harvest or sale at 100 percent of fair market value. It is subject to taxation even if the land underneath is exempt unless taxation has been prohibited by federal law or treaty.
Standing timber is defined to include softwood and hardwood pulpwood, chip and saw logs, saw timber, poles, posts, and fuel wood. Standing timber does not include orchard trees, ornamental or Christmas trees, byproducts of harvesting (bark or stumps), and fuel wood harvested by the owner which is used exclusively for heating the owner's home. The taxation of standing timber is triggered at the time of the "sale" of standing timber for harvesting separate and apart from the underlying land. Timber is not taxed if it is included in a simultaneous sale of a tract of land and the timber thereon.
Figure 21: Statewide Timber Values shows the trend in value and revenue since 2013.

Millions

850.0 750.0 650.0 550.0 450.0 350.0

503.0 2013

685.2

589.7

2014

2015

670.8 2016

675.4 2017

624.7 2018

665.8 2019

Figure 22: County and School Revenue from Timber shows the trend in value and revenue since 2013.

Millions

$25.0

$20.0 $15.0

$13.9

$10.0

$5.0 2013

$19.5 $16.5

2014

2015

$19.0 2016

$19.2 2017

$17.9

$19.0

2018

2019

50

Table 10: 2018 Timber Revenue Reported on 2019 Tax Digests shows the timber revenue that was reported on the 2019 tax digests.

County
Appling Atkinson Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien Bibb Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden Candler Carroll Catoosa Charlton Chatham Chattahoochee Chattooga Cherokee Clarke Clay

Acres Assessed Value

9,898 10,761
9,594 79,610
0 1,045
37 6,777 7,165 12,968
0 9,057 11,822 8,625 5,925 22,528 27,609 2,035 23,094 38,010 7,146 5,785
176 30,400
0 2,278
0 2,596
0 56

14,015,445 5,691,634 4,841,089 4,517,412 2,224,393 363,010 12,533 381,057 4,266,102 5,367,653 376,757 3,013,948 6,791,975 4,940,416 5,704,732
10,565,482 7,394,471 1,467,120 2,415,137
13,889,811 3,441,279 1,827,054 113,811
12,486,053 2,036,488 569,528 1,658,978 995,672 31,494 2,750,954

County Revenue
$178,977 $98,778 $66,120 $51,517 $21,910 $3,098 $89 $3,433 $70,736 $89,693 $7,660 $44,857 $94,928 $64,962 $48,838
$125,021 $43,606 $17,912 $42,707
$219,320 $42,912 $14,382 $738
$230,118 $23,507 $4,937 $26,695 $5,193 $439 $47,281

School Revenue
$197,646 $84,270 $72,568 $63,537 $34,767 $5,268 $232 $7,145 $76,956 $80,515 $7,088 $43,057
$108,672 $73,173 $85,999 $95,491
$101,312 $23,415 $47,513
$222,237 $48,178 $32,703 $1,924
$214,760 $38,451 $10,044 $20,895 $18,370 $630 $36,249

Total Revenue
$376,623 $183,048 $138,688 $115,054
$56,677 $8,366 $321
$10,578 $147,692 $170,208
$14,748 $87,914 $203,600 $138,135 $134,837 $220,512 $144,918 $41,327 $90,220 $441,557 $91,090 $47,085
$2,662 $444,878
$61,958 $14,981 $47,590 $23,563
$1,069 $83,530

51

County Clayton Clinch Cobb Coffee Colquitt Columbia Cook Coweta Crawford Crisp Dade Dawson Decatur Dekalb Dodge Dooly Dougherty Douglas Early Echols Effingham Elbert Emanuel Evans Fannin Fayette Floyd Forsyth Franklin Fulton Gilmer Glascock Glynn

Acres
322 43,059
0 0 10,637 9,704 47,910 2,564 22,953 5,673 3,740 134 52,291 0 19,387 14,885 0 45 13,757 19,810 0 11,964 78,418 70,928 24 0 4,654 0 2,293 222 0 4,458 17,519

Assessed Value
146,624 24,382,829
0 13,116,392
3,483,001 1,688,111 2,512,571
554,115 3,587,274 1,475,589
812,498 200,000 10,539,807
0 10,429,376
4,747,771 879,982 23,486
6,002,662 13,727,434 10,842,021
1,526,037 20,771,854
3,204,760 16,602 27,660
1,404,442 0
1,133,326 9,600
386,918 2,496,086 3,944,484

County Revenue
$2,287.00 $267,065.00
$0.00 $101,705.00
$47,706.00 $10,127.00 $29,829.00
$3,657.00 $50,329.00 $17,170.00
$6,689.00 $1,618.00 $109,245.00
$0.00 $130,743.00
$90,208.00 $13,700.00
$240.00 $59,967.00 $205,733.00 $71,102.00 $16,029.00 $243,654.00 $30,548.00
$65.00 $121.00 $13,314.00
$0.00 $12,255.00
$95.00 $2,669.00 $30,527.00 $19,182.00

School Revenue
$2,932.00 $436,453.00
$0.00 $210,282.00
$35,694.00 $30,892.00 $40,264.00 $10,301.00 $57,396.00 $24,681.00 $12,456.00
$3,156.00 $161,459.00
$0.00 $146,011.00
$77,882.00 $16,124.00
$461.00 $94,446.00 $212,789.00 $178,546.00 $24,314.00 $290,806.00 $44,867.00
$176.00 $532.00 $25,631.00
$0.00 $17,907.00
$171.00 $5,513.00 $40,961.00 $63,731.00

Total Revenue
$5,219.00 $703,518.00
$0.00 $311,987.00
$83,400.00 $41,019.00 $70,093.00 $13,958.00 $107,725.00 $41,851.00 $19,145.00
$4,774.00 $270,704.00
$0.00 $276,754.00 $168,090.00
$29,824.00 $701.00
$154,413.00 $418,522.00 $249,648.00
$40,343.00 $534,460.00
$75,415.00 $241.00 $653.00
$38,945.00 $0.00
$30,162.00 $266.00
$8,182.00 $71,488.00 $82,913.00

52

County Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee Liberty Lincoln Long Lowndes Lumpkin Macon Madison Marion

Acres
136 20,312 20,447
0 0 1,135 28,594 4,719 21,223 1,053 3,669 0 7,006 9,314 1,580 10,792 36,589 0 9,811 10,154 7,690 1,670 0 39,451 16,447 20,134 4,522 26,223 16,536 10 12,251 0 12,677

Assessed Value
414,766 4,451,113 6,225,505
0 96,552 378,224 11,438,472 2,545,947 5,250,751 498,526 2,121,097 675,962 2,708,163 3,271,821 405,221 4,487,762 12,076,415 9,571,693 3,436,236 7,804,783 3,608,949 640,657 1,383,667 17,756,663 3,003,194 9,596,714 1,652,353 9,869,681 4,479,910 20,120 3,403,058 1,050,871 4,638,435

County Revenue
$3,995.00 $77,405.00 $33,494.00
$0.00 $1,129.00 $1,928.00 $203,468.00 $26,732.00 $49,252.00 $2,936.00 $14,472.00 $8,585.00 $26,906.00 $48,645.00 $3,722.00 $69,165.00 $185,735.00 $168,357.00 $41,905.00 $119,983.00 $58,454.00 $8,429.00 $21,889.00 $127,404.00 $42,339.00 $146,830.00 $18,650.00 $154,905.00 $38,922.00
$202.00 $35,889.00 $13,774.00 $32,868.00

School Revenue
$7,952.00 $60,535.00 $91,633.00
$0.00 $1,296.00 $6,638.00 $162,609.00 $39,735.00 $90,628.00 $6,563.00 $32,614.00 $13,519.00 $36,010.00 $51,309.00 $7,559.00 $80,735.00 $169,070.00 $151,204.00 $53,062.00 $116,034.00 $64,961.00 $10,940.00 $23,340.00 $260,472.00 $55,841.00 $156,983.00 $28,090.00 $142,923.00 $73,034.00
$324.00 $62,732.00 $17,854.00 $69,419.00

Total Revenue
$11,947.00 $137,940.00 $125,127.00
$0.00 $2,425.00 $8,566.00 $366,077.00 $66,467.00 $139,880.00 $9,499.00 $47,086.00 $22,104.00 $62,916.00 $99,954.00 $11,281.00 $149,900.00 $354,805.00 $319,561.00 $94,967.00 $236,017.00 $123,415.00 $19,369.00 $45,229.00 $387,876.00 $98,180.00 $303,813.00 $46,740.00 $297,828.00 $111,956.00
$526.00 $98,621.00 $31,628.00 $102,287.00

53

County McDuffie McIntosh Meriwether Miller Mitchell Monroe Montgomery Morgan Murray Muscogee Newton Oconee Oglethorpe Paulding Peach Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph Richmond Rockdale Schley Screven Seminole Spalding Stephens Stewart Sumter

Acres
11,910 15,546
8,590 3,272 15,464 9,697 16,420 12,927
661 324 7,051 1,007 15,515 1,167 2,868
0 8,251 1,635 3,553 6,667 21,764 11,165
0 20,587
1,501 0
10,505 8,597 5,690 0 1,130
28,280 15,010

Assessed Value
4,047,866 11,591,130
4,260,368 819,635
4,039,822 2,389,692 6,688,852 3,511,100
217,553 77,452
2,129,442 714,272
5,200,071 208,158 675,461 3,870
6,118,570 666,224
1,067,141 2,386,279 4,688,246 3,472,769
0 8,017,253
701,488 0
3,170,228 13,979,418
1,017,309 476,686 662,999
7,066,198 4,737,485

County Revenue
$35,621.00 $114,648.00
$57,034.00 $13,573.00 $75,205.00 $31,761.00 $99,778.00 $38,253.00
$2,000.00 $888.00
$28,598.00 $4,851.00
$36,213.00 $1,265.00 $9,776.00 $30.00
$66,301.00 $9,502.00
$11,942.00 $33,477.00 $38,458.00 $55,161.00
$0.00 $140,358.00
$6,789.00 $0.00
$38,835.00 $188,261.00
$16,168.00 $7,882.00 $9,885.00
$82,074.00 $62,653.00

School Revenue
$79,702.00 $181,784.00
$77,475.00 $16,104.00 $64,665.00 $37,444.00 $100,333.00 $50,202.00
$3,372.00 $1,806.00 $42,137.00 $11,785.00 $98,198.00 $3,903.00 $11,417.00
$59.00 $99,561.00 $12,435.00 $16,716.00 $33,329.00 $75,087.00 $48,570.00
$0.00 $141,713.00
$13,885.00 $0.00
$52,629.00 $218,345.00
$16,328.00 $8,140.00
$11,138.00 $106,353.00
$86,336.00

Total Revenue
$115,323.00 $296,432.00 $134,509.00
$29,677.00 $139,870.00
$69,205.00 $200,111.00
$88,455.00 $5,372.00 $2,694.00
$70,735.00 $16,636.00 $134,411.00
$5,168.00 $21,193.00
$89.00 $165,862.00
$21,937.00 $28,658.00 $66,806.00 $113,545.00 $103,731.00
$0.00 $282,071.00
$20,674.00 $0.00
$91,464.00 $406,606.00
$32,496.00 $16,022.00 $21,023.00 $188,427.00 $148,989.00

54

County Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler White Whitfield Wilcox Wilkes Wilkinson Worth Total

Acres
13,594 9,422
209,150 8,293
28,538 6,764 8,280 5,062
13,221 0
7,614 58,519
5,316 10,688
0 8,947
997 2,249 12,763
180 54,816 31,599
6,406 25,753
204 424 4,197 47,347 7,404 19,210 2,010,204

Assessed Value
3,586,545

County Revenue
$57,417.00

School Revenue
$50,398.00

Total Revenue
$107,815.00

4,538,257 $93,043.00 $81,689.00 $174,732.00

10,468,172 $143,623.00 $146,554.00 $290,177.00

3,076,708 $26,367.00 $47,812.00

$74,179.00

10,770,674 $176,941.00 $167,495.00 $344,436.00

2,195,982 $29,646.00 $36,199.00

$65,845.00

2,699,297 $19,281.00 $38,082.00

$57,363.00

1,856,937 $22,593.00 $31,457.00

$54,050.00

7,856,288 $67,745.00 $110,012.00 $177,757.00

0

$0.00

$0.00

$0.00

5,626,050 $72,660.00 $78,765.00 $151,425.00

3,040,263 $32,254.00 $57,309.00

$89,563.00

2,879,666 $46,086.00 $46,031.00

$92,117.00

5,722,807 $112,167.00 $94,999.00 $207,166.00

2,128

$13.00

$25.00

$38.00

4,125,055 $37,084.00 $59,071.00

$96,155.00

473,367 $4,679.00

$8,238.00

$12,917.00

750,715 $8,186.00 $13,963.00

$22,149.00

10,581,990 $164,497.00 $177,640.00 $342,137.00

5,286,607 $68,504.00 $97,274.00 $165,778.00

16,247,830 $156,743.00 $275,986.00 $432,729.00

20,309,823 $364,013.00 $365,577.00 $729,590.00

1,147,555 $10,328.00 $19,461.00

$29,789.00

7,740,878 $126,704.00 $121,617.00 $248,321.00

108,573 $1,167.00

$1,898.00

$3,065.00

102,350

$902.00

$1,920.00

$2,822.00

2,569,936 $46,853.00 $38,793.00

$85,646.00

8,548,811 $105,586.00 $150,032.00 $255,618.00

6,311,529 $91,138.00 $126,231.00 $217,369.00

5,193,032 $65,224.00 $80,492.00 $145,716.00

665,808,943 $8,534,996.00 $10,511,488.00 $19,046,484.00

55

Georgia's Unclaimed Property Program

Georgia's Unclaimed Property Program has a team of dedicated professionals who provide customer service to holders and owners of abandoned property. The program annually receives unclaimed property from corporations, banks, insurance companies, local governments and state agencies. The lost property represents uncashed checks, money orders, stocks, bonds, accounts, or safe deposit boxes. The program has an active outreach program to locate owners of lost property.

Unclaimed Property Receipts

For Fiscal Year 2020 the program received over $177 million dollars in unclaimed funds. Along with the funds, the holders are required to furnish reports which include lost owner information such as name, last known address, account number, or social security number. Once the reports have been processed, owner information is made available on the Department of Revenue's website for an owner search.

Millions

$220

$180 $140

$160

$179

$ 209 $180

$189

$177

$100

2015

2016

2017

2018

2019

2020

Unclaimed Property Paid Claims
Each year Georgia's Unclaimed Property Program returns property to its rightful owners. Through the claim process, owners and abandoned property are reunited. Potential owners may submit a claim online or contact a customer service representative by telephone. Claim forms can be mailed, emailed or faxed. Each claim request is researched to determine the rightful owner. In Fiscal Year 2020, the program returned over $34 million and 172,547 shares of stock to lost owners. The number of claims paid increased from 14,857 in FY19 to 27,194 in FY20.
The program's customer representatives are available Monday through Friday from 8:00 am to 4:30 pm at 1-855-329-9863. The web address for the online search is located at www.dor.ga.gov.

Millions

$40
$30 $22
$20
$10 2015

$20 2016

$21 2017

$30 2018

$36 2019

$34 2020

56