City of Austell

Cobb Property Tax Assessment: Decreased Revenues Test County Government

Posted by on May 18, 2012 in City of Acworth, City of Austell, City of Kennesaw, City of Marietta, City of Powder Springs, City of Smyrna, Cobb County, Cobb County Current Issues, Featured, In the Loop Today, Info by County, Members-only Section, Members-only Section | 0 comments

230,000 residential property tax assessment notices have been sent out to Cobb residents, nearly half of which have been lowered. Of the 230,000 notices that were sent out 106,370 or 46% of which had their property tax assessments lowered. Required by a new state law, enacted last year, these notices are now required once a year, every year, whereas previously they were only sent if a valuation was changed. This reduction in property tax across the county will result in an approximate 4% decline in the tax digest and ultimately means less tax...

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