MARIETTA, Ga. — Cobb County property owners will likely see an increase on their tax bills.
The Cobb Board of Commissioners announced its intention to increase the property taxes it will levy this year, over the rollback millage rate, by 4.52 percent in the general fund.
Each year, the Board of Tax Assessors is required by Georgia law to review the assessed value for property tax purposes of taxable property in the county.
County officials said the "continued recovery" of the Cobb real estate market is the primary reason for this "modest growth" in property values and this corresponding increase in the county’s property tax digest.
The 2019 proposed millage is higher than the recently computed "rollback" millage rate, therefore, before commissioners may set the final 2019 millage rates, three public hearings must be held.
Commissioners are proposing the property tax millage rate of the general fund be set at 8.46; the fire millage rate at 2.86; the debt service (bond fund) millage at 0.13; the Cumberland Special Services District II millage rate at 2.45, and the Six Flags Special Service District millage rate at 3.50.
Citizens are invited to the public hearings on this tax increase to be held at the Board of Commissioners meeting room located at 100 Cherokee Street, Marietta, Georgia on Tuesday, July 9 at 9 a.m., Tuesday, July 16 at 6:30 p.m. and on Tuesday, July 23 at 7 p.m.
The Board of Commissioners will adopt the 2019 Property Tax Millage Rates for its five tax districts following the third public hearing at the Board of Commissioners meeting on Tuesday, July 23 at 7:00 p.m.
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