
Frequently Asked Tax Questions

What is the penalty for late
payment for 2005?
City of Lawrenceville property tax payments not
received by Gwinnett County by November 15th are subject to a penalty and
interest.
What is the penalty for late
payment for 2004 and prior years?
Delinquent taxes are subject to a 10% annual interest charge.
If I disagree with my assessed
value, how do I file an appeal?
In order to appeal the assessment, you would need to contact the Gwinnett
County Tax Assessors Office. The City of Lawrenceville bills their
property taxes based on property values provided by Gwinnett County.
How is the assessed value
calculated?
The assessed value is 40% of the fair market value, as determined by the tax
assessors office. For example, if the fair market value of the property
is $100,000, the assessed value is $40,000.
How is the amount of my
property tax calculated?
The property tax is calculated by multiplying the assessed value, less any
exemptions, by the millage rate. If the millage rate is 2.56 and the
assessed value is $40,000.00 it would be $40,000 X .00256 = $102.40 so your
tax bill would be $102.40. To put it another way, 2.56 mills is equal to
$2.56 in property tax for each $1000.00 of assessed value.