Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Property Tax
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Property Tax
There are three options for making tax payments to the City:
1. You can send payment by mail to P. O. Box 46, Powder Springs, GA 30127
2. You can pay in person at Powder Springs Police Department, which is located at 1114 Richard D. Sailors Parkway, Powder Springs, GA 30127.
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No, school taxes are included on your Cobb County property tax bill.Property Tax
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Failure to receive a bill does not relieve property owners of the responsibility to make payment by the due date. Please contact the Finance Department, 770-943-1666 to obtain a copy of your bill.Property Tax
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These dates vary each year but are usually billed sometime in September and due sometime in November (60 days from the billing date). The Cobb County Tax Assessor's Office establishes property assessments each year for the City. We bill from the Cobb County Digest using their same assessed values and therefore can’t bill until we have received this information.Property Tax
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Property Tax
The amount of property tax due is calculated by using the following formula: •(Total Appraised Value of the property) x (40%) - (Exemptions) x (Millage rate) / (1,000) •Each homeowner’s exemptions vary based on eligibility For example, the tax for a property valued at $100,000 would be calculated as follows: $100,000 x 0.40 = $40,000 $40,000 x 9.50 mills = 380,000 380,000 / 1,000 = $380.00 annual property tax If the property belonged to a person age 65 or over, the calculation would be: $100,000 x 0.40 = $40,000 $40,000 - $10,000 = $30,000 $30,000 x9.50 mills = 285,000 285,000 / 1,000 = $285.00 annual property tax
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Taxes are billed at the end of each year for the period of January 1 - December 31. These bills are generated as of January 1. What generally happens at a closing is a transaction between the buyer and seller for the seller's portion of estimated taxes that will become due at the end of the year. In this instance, taxes are collected from the seller and paid to the buyer by reducing the proceeds paid to the seller at closing. Taxes are not paid to the City of Powder Springs after closing. If taxes are to be "collected" at a closing, it is stated in the sales contract and the lawyer's office will forward taxes collected to the City of Powder Springs. The State of Georgia requires that tax bills are generated and mailed to the owner of record on January 1st so the seller will receive a bill on property that they have sold (O.C.G.A. 48-5-18). Both buyer and seller are made aware of this at closing and the property tax bill also states that this bill should be forwarded to the new owner. This can be very confusing and often results in taxes becoming past due. Failure to receive a tax bill does not relieve this liability. Please contact your closing attorney or the City of Powder Springs if you have questions.Property Tax
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Property Tax
65 and older as of Jan. 1 tax exemption. Totally disabled tax exemption (if all requirements met). Floating homestead exemption. All of these exemptions are available only if the owner is currently residing at the property for which the exemptions are applied. Exemption documentation must be filed by April 1 at the City of Powder Springs City Hall building for the year that you are applying for exemption. Please select the Homestead Exemption to view more information regarding the homestead exemption options available in the City of Powder Springs. There are homestead exemptions available to City of Powder Springs homeowners that complete and file the required applications by April 1 of the tax year (O.C.G.A 48-5-40 through 48-5-54). To be eligible for application you must own, occupy, and claim your property as your legal residence on Jan. 1. Only one person need apply if more than one name appears on the deed. The exemptions are automatically renewed each year unless there is a change in ownership or you no longer meet the eligibility requirements. City Exemptions: Regular Homestead Exemption - To be eligible for application you must own, occupy, and claim your property as your legal residence on Jan. 1. Only one person need apply if more than one name appears on the deed. The regular Homestead Exemption in City of Powder Springs is $2,000. Taxpayer Reassessment Relief Act (Floating Homestead Exemption) - This exemption is granted to anyone that has applied for and been granted the Homestead Exemption with Cobb County and the City of Powder Springs. The amount of this exemption equals the balance of increase in assessed value of your home at the time homestead exemption was granted. There must be an application on file for regular homestead with Cobb County. Over 65 Exemption - Homeowners who are 65 years of age on or before Jan. 1, are entitled to a $10,000 exemption on City of Powder Springs taxes. You must furnish proof of age when you apply with the City. Disability - Homeowners who are disabled on or before Jan. 1, and whose annual NET income (including income of the spouse but not including income received as a result of the disability; e.g. disability retirement) does not exceed $12,000 for the immediately preceding year are entitled to a $10,000 exemption. This exemption is also available in Cobb County. You must furnish proof of income and a doctor's certificate stating that you are disabled and that the disability is likely to remain permanent when you apply with both Cobb County and the City of Powder Springs. State Veteran's Disability - Homeowners who are disabled veterans as defined in O.C.G.A. 48-5-48 are entitled to an exemption in an amount set by the state each year. You must provide legally required documentation. This exemption extends to the un-remarried surviving spouse or minor children at the time of the applicant's death, provided they continue to occupy the home as a residence and homestead. State Un-remarried Surviving Spouse - A homeowner who is the un-remarried surviving spouse of a member of the U. S. armed forces killed in any war or conflict as defined in O.C.G.A. 48-5-52.1 and receiving spousal benefits from the U. S. Department of Veteran's Affairs is entitled to an exemption in an amount set by the state each year in the state, county, municipal and school tax categories. Legal documentation is required
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If tax statements are paid after the due date penalties and interest will accrue. A FIFA (lien) is also recorded with the Clerk of Superior Court in Cobb County against the property address and in the homeowner’s name. This enables the City to collect any outstanding property taxes due before sale of the property can occur. Please note: All property tax information is a matter of public record.Property Tax
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Tax statements are mailed direct to the homeowner, they are not mailed to the mortgage company because mortgages are bought and sold so frequently. However, many mortgage companies and or tax services request tax information on your behalf.Property Tax
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Taxes are generated and mailed to the owner of record on January 1st of the tax year according to Georgia law (O.C.G.A. 48-5-18). If you get a tax bill for property that you sold, please forward it to the new owner as quickly as possible. You may also return the bill to us with the new owner's name and address and we will gladly update our records and forward the bill to the new owner. If you purchased the property after January 1, a property tax return (to declare taxable property you own) should be filed with the Tax Assessors' Office between January 1 and April 1 of the following year.Property Tax