Fulton County data center appraisals expected to surge
Fulton County, GA is reassessing data center properties, which could increase their combined value from under $100 million to over $5 billion. This is expected to significantly boost the county's tax base if approved by the Fulton County Board of Assessors. Some residents have raised concerns about the physical space these facilities occupy.
Fulton County, Georgia, is undertaking a reassessment of data center properties within its jurisdiction, a move projected to drastically increase the county's tax revenue. South Fulton Chairman Robb Pitts indicated that properties previously valued at under $100 million combined could now be assessed at over $5 billion. This significant increase in property values is expected to substantially boost the county's tax base.
The Fulton County Board of Assessors is slated to vote on these new assessed values on Thursday. While supporters argue that the updated valuations accurately reflect the economic impact and scale of these facilities, some residents have expressed concerns regarding data centers, particularly their substantial physical footprint.