Businesses in the Cumberland Community Improvement District would see a 3-mill tax hike to help pay for the new Braves stadium in Cobb County. Here’s how the tax hike would affect three businesses. It shows the location and value of each property, plus its actual 2013 CID property tax and the tax after the 3-mill increase (if the property value remains unchanged).
Akers Mill Square shopping center, 2955 Cobb Parkway:
Property: 23.7 acres
2013 value: $28,917,670
2013 tax bill: $57,835
New tax bill: $92,537
Difference: $34,701
Hampton Inn & Suites 2733 Circle 75 Pkwy
Acres: 1.09
2013 value: $7,523,335
2013 tax bill: $15,047
New tax bill: $24,075
Difference: $9,028
Pappadeaux Seafood Kitchen 2830 Windy Hill Rd
Acres: 3.3
2013 value: $4,036,522
2013 tax bill: $8,073
New tax bill: $12,917
Difference: $4,844
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