Taxpayer Reassessment Relief Act (Floating Homestead Exemption), This exemption is automatically granted to anyone that has applied for and been granted the Homestead Exemption with Cobb County. 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 62 Exemption – Homeowners who are 62 years of age on or before January 1, and whose annual NET income does not exceed $10,000 for the immediately preceding tax year (including income of the spouse but not including Social Security or retirement income), are entitled to a $4,000 exemption on City of Acworth taxes as well as on the state, county bond, fire district tax categories shown on the Cobb County tax bill. You must furnish proof of age and income when you apply with Cobb County. This exemption is received in Acworth when it is granted by Cobb County so there is no need to apply in Acworth.
Disability – Homeowners who are disabled on or before January 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 $22,000 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 Cobb County. This exemption is received in Acworth when it is granted by Cobb County so there is no need to apply in Acworth.
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 all tax categories. 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. This exemption is received in Acworth when it is granted by Cobb County so there is no need to apply in Acworth.
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 the state, county, municipal and school tax categories. Legal documentation is required. This exemption is received in Acworth when it is granted by Cobb County so there is no need to apply in Acworth.
