Cobb Homeowners Will Pay More In Property Taxes

Cobb County plans to send out 256,872 tax bills, and homeowners will notice a bump in their taxes thanks to a decision by the state to cut the homeowners tax relief grant this year due to falling revenues.  For the owner of a $200,000 house in unincorporated Cobb, with the normal homestead exemption, that means about $228 more in taxes.

Cobb County commissioners held the property tax rate at 28.75 mills this year.
For taxpayers in the county’s unincorporated areas, the rate breaks down to 9.6 mills for county government. That rate has stayed the same since 2006 and is the lowest in metro Atlanta — lower than the city of Atlanta and DeKalb, Fulton and Gwinnett counties, according to the Cobb County finance office’s calculations. The Cobb County Board of Education charges 18.9 mills, and the state gets 0.25 mills for debt payments.

Cobb County will have to collect about $11.5 million more from taxpayers than last year to make up for money it would normally receive from the state through the tax relief grants. Other local governments in Georgia will face a similar situation.

Property tax payments are due Oct. 15.

By Mary Lou Pickel, The Atlanta Journal-Constitution. Click here for original article.