July 3, 2018
CONTACT: Lindsey Wiles
Marietta to Host Public Hearings on Proposed Property Tax Increase
City Not Increasing Tax Rates, Millage Rate to Remain the Same
MARIETTA - The Marietta City Council announces its intention to increase the property taxes it will levy this year by 7.52 percentage over the rollback millage rate.
When the total digest of taxable property is prepared, Georgia law requires that a rollback millage rate must be computed that will produce the same total revenue on the current year's digest that last year's millage rate would have produced had no reassessments occurred.
The budget tentatively adopted by the Marietta City Council contains a millage rate higher than the rollback millage rate; therefore, before the Marietta City Council may finalize the tentative budget and set a final millage rate, Georgia law requires three public hearings to be held to allow the public an opportunity to express their opinions on the revenue increase.
According to Georgia law, all taxing agencies must advertise a tax increase and hold three public hearings to claim taxes on reassessed properties even if the millage rate remains unchanged as is the case in Marietta.
All concerned citizens are invited to the public hearings on this tax increase to be held at Marietta City Hall, 205 Lawrence Street, Marietta, Georgia in the Council Chamber on July 10, 2018 at 9:00 a.m. and 6:00 p.m. and on July 17, 2018 at 9:00 a.m.
For more information about the City's budgeting process please view our press release announcing the City Council adopted a balanced budget on June 13, 2018 without raising taxes or establishing new fees, which also included no service reductions.