July 3, 2017
CONTACT: Lindsey Wiles
MARIETTA - The Marietta City Council announces its intention to increase the property taxes it will levy this year by 7.24 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. The City of Marietta has tentatively adopted a millage rate equal to last year's millage rate of 3.617.
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 12, 2017 at 9:00 a.m. and 6:00 p.m. and on July 19, 2017 at 9:00 a.m. To view the advertisement, please click here.
For more information about the City's budgeting process please view our press release announcing the City Council adopted a balanced budget on June 10, 2015 without raising taxes or establishing new fees, which also include no service reductions.