NORTH FULTON COUNTY — Fulton County voters approved two property tax exemptions Nov. 4 that reduce the taxable value of a senior’s qualified homestead by a percentage, thereby lowering the amount they owe to the school district.
The Fulton County School Board says it understands and appreciates the financial concerns of senior citizens, but has remarked the school district is facing significant financial pressures.
The first exemption, for residents who are 65 or older, takes 25 percent off a home’s assessed value. The second one, for residents who are 70 or older, reduces it by 50 percent…