July 12, 2023
CONTACT: Lindsey Wiles
City Not Increasing Tax Rates, General Fund Millage Rate Remains the Same for 20 Years
MARIETTA - Marietta City Council voted to approve a budget with a decrease in the bond millage rate for the 5th year in a row. City Council is set to vote on the millage rate July 25, 2023 at 5:15 p.m. in the Council Chambers of City Hall located at 205 Lawrence Street.
The option not to take the rollback millage rate results in a City millage rate of 2.788 mills, equal to last year’s rate. The decision not to elect the rollback millage rate will result in an increase in revenue at the same tax rate. Without the rollback, the millage rate will be no more than 2.416 mills. The proposed tax increase for a home with a fair market value of $383,056 is approximately $55.51 and the proposed tax increase for non-homestead property with a fair market value of $753,027 is approximately $112.05.
All concerned citizens are encouraged to attend any of the three property tax public hearings to learn more. The public hearings are scheduled for July 18th at 9:00 a.m. and 6:00 p.m. as well as July 25th at 9:00 a.m. located in City Hall Council Chambers (205 Lawrence Street).