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Cobb County staff: $643 million general fund and ongoing talks with Mableton over revenue split
Summary
County staff outlined the $643 million general fund, said property taxes generated $397 million and about $245 million came from other sources. The two largest non-property sources are TAVT and the insurance premium tax; by law the city of Mableton may retain those revenues, and county and city officials are negotiating how to address differences.
A county staff member said Cobb County's general fund was budgeted at $643,000,000 this year and that it pays for public safety, the sheriff's office, the court system, parks, libraries and senior services. The staff member said property taxes generated $397,000,000 and that the remaining roughly $245,000,000 came from a range of other revenue sources.
The staff member said the two largest components of those other revenues are the tax on vehicle title transfers known…
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