Politics
Politics

Cobb lowers tax rate

By
July 23, 2015

Cobb commissioners lowed the property tax rate during a special meeting Wednesday, to 7.12 mills from 7.32.

Despite the lower rate, the move is still considered a tax hike because higher property values will bring in more revenue than the previous year. The new rate, which will be reflected on tax bills sent out this fall, will generate about $4.5 million more than the higher rate last year.

It was approved 4-0, with Commissioner Bob Ott absent.

Commissioners also set rates for the special tax district in Cumberland that will help fund SunTrust Park. That rate, which is intended to generate $5.1 million annually and only impacts businesses in the district, was set at 2.6 mills.

Millage rates are multiplied against the taxable value of homes or businesses to derive the amount of property taxes owed.

About the Author

Dan Klepal is editor of the local government team, supervising nine reporters covering county and municipal governments and metro Atlanta. Klepal came to the AJC in 2012, after a long career covering city halls in Cincinnati and Louisville, Ky. He has covered Gwinnett and Cobb counties before spending three years on the investigative team.

Follow Dan Klepal on twitter
More Stories

Keep Reading

In addition to being a political and religious leader, Bishop Reginald Jackson also served as chairman of the Board of Trustees of Morris Brown College. (Ben Gray/AJC)

Credit: Ben Gray

OBITUARY

AME Bishop Reginald Jackson, religious and political leader, dies at 71

Jackson served for eight years as head of 500 African Methodist Episcopal churches in Georgia.

Georgia dismisses Trump election case, ending his last criminal prosecution

Fulton DA Fani Willis launched the investigation nearly five years ago saying Trump and his allies conspired to overturn the 2020 election in Georgia.

Fulton County taxpayers could be on the hook for millions as Trump case ends

Fulton County taxpayers may need to pay millions of dollars in legal defense bills for Donald Trump and others charged in the now defunct election interference case.

The Latest

“This case is hereby dismissed in its entirety,” a Superior Court judge ruled in Georgia's election case against President Donald Trump. (Doug Mills/The New York Times)

Credit: NYT

Georgia dismisses Trump election case, ending his last criminal prosecution

Fulton County taxpayers could be on the hook for millions as Trump case ends

OBITUARY

AME Bishop Reginald Jackson, religious and political leader, dies at 71

Featured

Atlanta art and antiques appraiser and auctioneer Allan Baitcher (right) takes bids during a 2020 auction. Baitcher and his company, Peachtree Antiques, are being sued by a Florida multimillionaire who says he paid them $20 million for fakes. (AJC 2020)

Credit: Phil Skinner / Staff

Atlanta antique appraiser made $20M selling fakes, lawsuit says

An Atlanta art and antique appraiser is being sued by a Florida multimillionaire, who says he spent about $20 million on thousands of fake works.

How an ex-Texan and a university helped change the face of a Georgia city

Mercer University President Bill Underwood is stepping down after two decades at the helm. He's credited with boosting enrollment, resurrecting football and reshaping Macon.

Thanksgiving to bring chilly, dry, overall delightful weather to metro Atlanta

A big drop in temperatures is coming overnight Wednesday, so go ahead and pull out those flannels and blankets.