Cobb considers lower property taxes tonight
by Nikki Wiley
July 22, 2013 11:51 PM | 2140 views | 6 6 comments | 9 9 recommendations | email to a friend | print
MARIETTA — Cobb County homeowners could see their property taxes take a slight dip if the Board of Commissioners follows through today with a vote to lower the millage rate.

Commissioners are expected to lower the rate that determines property taxes by 0.2 mills at their meeting at 7 p.m. tonight at 100 Cherokee St.

That’s a savings of $6 annually for a home valued at $100,000, $14 for a $200,000 home and $38 for a $500,000 home, said Jim Pehrson, city finance director.

Chairman Tim Lee acknowledges the savings are small but says it’s a “step in the right direction.”

The millage rate was increased in 2011 when property values fell. Decreasing property values leaves the city with less money because property taxes are based on value.

Property values haven’t risen. They fell again this year for the fourth straight year, but Lee says measures the county put in place when slashing its budget after the Great Recession first took hold will help it absorb the $4.3 million it will lose by lowering the tax rate.

“The digest hasn’t recovered,” Lee said, noting that an increase in other kinds of fees has allowed the city to look long term at decreasing the millage rate.

Pehrson doesn’t expect any specific department within the city to be negatively impacted by the loss of revenue.

“What we are seeing is an increase in other revenues that typically react quicker to economic factors than property taxes do,” Pehrson said.

Comments
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Cobb Countian
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July 23, 2013
Why does the article repeatedly reference 'city'. This is a county issue.
Just Sayin'....
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July 23, 2013
Tim is pandering to the electorate. How about you keep the $25.00 this will save me and restore services or regular pay to county employees. Shame on you Timmy, and not very smart, because those employees could just vote you out the next time around.
Marietta homeowner
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July 23, 2013
Considering the large budget deficit in the school budget this year which resulted in additional furlough days and staffing cuts through attrition, does it really make sense to cut property taxes? I will gladly pay a few more dollars a year to stop the cuts in our schools.
Cobb Citizen
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July 23, 2013
Nice sentiment, homeowner. Too bad county property taxes are a separate levy from school system property taxes. The county School Board is populated by a bunch of morons who believe that the sky would fall if they raised taxes by a few dollars. They just let the students and teachers suffer instead.
higher fees
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July 23, 2013
Lower taxes simply mean higher fees I hear lots of talk about a "rain tax" again. Is that the game tonight?

Because stormwater is an issue due excustively to the hardening of the ground referred to as roads, let's set up toll booths for collecting the rain tax so the road users who create the problem are the ones who pay for it.

End road user welfare today! Car drivers pay your own way! Get off my back, car queen! Every car on a public road is effectively an Escalade with spinners and subwoofers.
Really now
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July 23, 2013
Cobb County enjoys one of the lowest tax rates in the metro area! While some want to keep more money in their pockets, I think I'd rather the County keep a little, manage it appropriately and cut the right of ways more often, continue to enhance quality of life features like sidewalks, parks, or just maintain what we already have!
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