The Cobb County School District has tentatively adopted a millage rate, which will require an increase in property taxes by 7.55 percent.
All concerned citizens are invited to the public hearings on the tax increase to be held at 514 Glover Street, Marietta in the Board Room on July 12, 2016 at 8:30 a.m. and 6:00 p.m.
Times and places of additional public hearing on this tax increase are also at 514 Glover Street, Marietta in the Board Room on July 20, 2016 at 8:30 a.m.
This tentative increase will result in a millage rate of 18.9 mills, an increase of 1.326 mills. Without this tentative tax increase, the millage will be no more than 17.574 mills. The proposed tax increase for a home with a fair market value of $225,000 is approximately $106.08 and the proposed increase for non-homestead property with a fair market value of $325,000 is approximately $172.38.
