Marietta announces decrease in millage rate

Exterior of Marietta City Hall. Red brick modern buildingMarietta City Hall (Photo credit: Cobb County Courier/Larry Felton Johnson licensed CC BY 4.0)

The City of Marietta posted an announcement on its website that the city adopted a balanced budget along with a decrease of the city’s total millage rate from 4.992 mills to 4.817 mills.

Here is the announcement:

MARIETTA – On Wednesday, June 8, 2022, the Marietta City Council voted to adopt a balanced budget for Fiscal Year 2023, which begins July 1, 2022, and ends June 30, 2023. The budget, which was recommended by City Manager Bill Bruton and Finance staff, was passed with no service reductions and no tax or fee increases and included a property tax decrease.

City staffed recommended a reduction to the millage rate thus allowing homeowners within Marietta City limits to see a decrease on their property taxes for the fourth year in a row. Additionally, the City of Marietta has not raised property taxes in 19 years. The City also implemented a property assessment freeze in 2001 that ensures the appraised value of a homeowners’ residence does not increase as long as that resident maintains ownership of the property. 

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The City’s overall FY 2023 budget is $392 million, which includes $68.3 million for the general fund budget. The general fund budget funds general government services including police and fire services, parks and recreation programs, code enforcement, planning and development, and streets and public works maintenance. 

The city’s total millage rate will decline from 4.992 mills to 4.817 mills. The City’s millage rate that supports the General Fund’s governmental services is currently 2.788 mills and has remained the same since 2003.

More info: Marietta’s Finance Department/Budget Division, 770-794-5544.

About the City of Marietta

The City of Marietta is the county seat of Cobb County. The latest estimate from the U.S. Census Bureau puts the population of the city at 60,867 which makes it the largest city in Cobb County by population.

However, the city is in a neck-and-neck race with fast-growing Smyrna, whose population was 56,666 at the last estimate.

Here are a few fast facts from the Census Bureau

Marietta city, Georgia

People

Population, Census, April 1, 202060972
Population, Census, April 1, 201056579
Age and Sex
Persons under 5 years, percent6.7%
Persons under 18 years, percent21.8%
Persons 65 years and over, percent13.2%
Female persons, percent49.9%
Race and Hispanic Origin
White alone, percent53.4%
Black or African American alone, percent(a)32.3%
American Indian and Alaska Native alone, percent(a)0.6%
Asian alone, percent(a)1.9%
Native Hawaiian and Other Pacific Islander alone, percent(a)0.0%
Two or More Races, percent4.7%
Hispanic or Latino, percent(b)15.7%
White alone, not Hispanic or Latino, percent46.4%
Population Characteristics
Veterans, 2016-20202678
Foreign born persons, percent, 2016-202016.6%
Housing
Owner-occupied housing unit rate, 2016-202044.0%
Median value of owner-occupied housing units, 2016-2020$310,100
Median selected monthly owner costs -with a mortgage, 2016-2020$1,856
Median selected monthly owner costs -without a mortgage, 2016-2020$526
Median gross rent, 2016-2020$1,145
Families & Living Arrangements
Households, 2016-202024148
Persons per household, 2016-20202.39
Living in same house 1 year ago, percent of persons age 1 year+, 2016-202077.9%
Language other than English spoken at home, percent of persons age 5 years+, 2016-202023.7%
Computer and Internet Use
Households with a computer, percent, 2016-202095.1%
Households with a broadband Internet subscription, percent, 2016-202086.6%
Education
High school graduate or higher, percent of persons age 25 years+, 2016-202088.6%
Bachelor’s degree or higher, percent of persons age 25 years+, 2016-202044.0%
Health
With a disability, under age 65 years, percent, 2016-20206.3%
Persons without health insurance, under age 65 years, percent20.2%
Economy
In civilian labor force, total, percent of population age 16 years+, 2016-202067.2%
In civilian labor force, female, percent of population age 16 years+, 2016-202061.2%
Total accommodation and food services sales, 2012 ($1,000)(c)264544
Total health care and social assistance receipts/revenue, 2012 ($1,000)(c)1584232
Total manufacturers shipments, 2012 ($1,000)(c)1129407
Total retail sales, 2012 ($1,000)(c)1976915
Total retail sales per capita, 2012(c)$33,875
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-202028.5
Income & Poverty
Median household income (in 2020 dollars), 2016-2020$59,594
Per capita income in past 12 months (in 2020 dollars), 2016-2020$36,112
Persons in poverty, percent14.1%
Businesses
All firms, 201210501
Men-owned firms, 20124934
Women-owned firms, 20124186
Minority-owned firms, 20124286
Nonminority-owned firms, 20125502
Veteran-owned firms, 20121015
Nonveteran-owned firms, 20128663
Geography
Population per square mile, 20102451.4
Land area in square miles, 201023.08
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