The process for taxing real property begins with the purchase of property. Once a sale is finalized, a deed is recorded with the Clerk of Superior Court's Office at the Forsyth County Courthouse in Cumming, Georgia. The Tax Assessor's office then assigns a value to the property and an assessment notice is mailed to each individual property owner in May of the following year. The property owner then has a 45 day period to appeal the assigned value.
Once the appeal process period has ended, a tax digest is compiled. The tax digest is an official listing of all property owners in the county, the assessed value of the property they own, and the taxes levied on the property. This is the central document of the Tax Commissioner's Office. It is a complete listing of property owners, their street addresses, legal addresses, property locations, exemptions, assessments and taxes due. Once completed, the digest is submitted to the State Department of Revenue for approval by the Director of the Property Tax Division.
After approval is received by the Forsyth County Tax Commissioner, bills are prepared and mailed (usually around the later-half of August). In accordance with Georgia State Law, tax bills are mailed to the both the owner of record as of January 1st of the tax year being billed, and the owner as of the date the tax digest is submitted to the Tax Commissioner from the Board of Assessors (if different). PLEASE NOTE - FAILURE TO RECEIVE A BILL DOES NOT RELIEVE RESPONSIBILTY OF PAYING TAXES DUE. The taxpayer then has until November 15th (the due date) to pay this annual tax bill. Bills that are not paid prior to November 16th are subject to 1% interest being applied each month on the amount due, until paid in full. After 90 days delinquent, a 10% penalty is added, along with the filing of a tax lien (Fi.Fa.) against the property. Properties with delinquent taxes of more than 90 days are subject to additional fees and possible tax sale proceedings.