Over three quarters of Cherokee County voters have approved a measure to limit increases in local school property taxes.
Cherokee County’s school district ad valorem tax homestead exemption passed with 92,708 votes, or 76.8%, according to unofficial results from the Georgia Secretary of State. The results showed 28,001 voters voted “no” on the measure.
Under the new exemption, set to go into effect Jan. 1, if a home’s assessed value rises by more than 4%, the excess amount will be exempt from school district ad valorem taxes…