Marietta City Council sets estimated millage rate following new tax law HB92 changes

In a pivotal meeting on April 29, 2025, the Marietta City Council addressed significant changes to the millage rate process due to the newly enacted HB92. This legislation mandates a revised approach for setting property tax rates, prompting the council to convene a special meeting to ensure compliance and clarity for residents.

City officials explained that the new law alters how estimated tax bills will be presented. Unlike previous years, the upcoming notices will not calculate estimated taxes but will instead display assessed values, exemptions, and an estimated millage rate. This shift aims to alleviate confusion among taxpayers, who often worry about discrepancies in their tax assessments.

The council proposed setting the estimated general fund millage rate at 2.788 mils, which will be communicated to the Cobb County Tax Assessor's office. This figure is crucial as it will influence how tax bills are issued across the state. Additionally, the school district's millage rate was discussed, with the school board requesting a rate of 17.97 mils. Notably, the school board opted out of certain exemptions, which will be clearly stated on tax bills to inform residents of their choices.

As part of the new requirements, the council will conduct three public hearings to discuss the millage rate, ensuring transparency and community engagement. The council emphasized that despite the changes, Marietta residents will benefit from a homestead freeze that has kept their taxes stable for over two decades.

This meeting marks a significant step in adapting to new state regulations while maintaining a commitment to clear communication with the public. The council's proactive approach aims to minimize confusion and ensure that residents understand the implications of the new tax law.