State Issues
Taxpayers and Homeowners receive tax breaks for the second year in a row
April 7, 2023
Taxpayers and Homeowners receive tax breaks for the second year in a row
The Georgia General Assembly wrapped up its 2023 legislative session on Wednesday, March 29th.
The Georgia House and Senate on Wednesday agreed on a $32.4 billion budget, which includes a $2,000 raise for teachers. This raise will bring the average teacher salary to $61,000 a year, the highest in the Southeast.
Taxpayers will also receive some money back from their income and property tax bills. Georgians who filed tax returns for the 2021 and 2022 tax years will receive up to $250 if single-filing and up to $500 if filing jointly. In addition, homeowners will receive an extra one-time exemption on the value of their homes at tax time, a move expected to save Georgians an average of about $500.
About the GRBOR Market Brief
The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Greater Rome Board of REALTORS®
The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.