Cobb County Home Owners Could See Tax Reduction

July 12th, 2013

Cobb County property owners may see some relief in their tax bills next month. County commissioners are considering a proposal that would slightly lower the millage rate.Listen to the audio version of this story.

The proposal reduces the rate by .2 mills. So the owner of a $200,000 home would pay $14 less than last year. Cobb County commission chair Tim Lee says he’s fulfilling a promise he made after commissioners had to raise the property tax rate significantly in 2011.

“I made the promise if the economy improved, I would take sustainable steps to roll that millage back as we got an improving digest picture,” Lee says, “What happened last year, in 2013, our digest still declined from the prior year, but it’s a minimal decline, less than one percent.”

Lee says if the tax digest keeps improving, he hopes reduce the millage rate over the next several years.

“I anticipate it going up next year, although very, very, very slightly,” he says, “So, there’s no reason to believe that it won’t be able to continue moving forward.”

The commission is scheduled to vote on the plan at the end of the month.