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07/03 Marietta City Schools Sets Millage Rate Lowers Millage Rate Second Straight Year – Property Taxes Decrease

News Release

Contact: Marietta City Schools Public Relations Department
mcspr@marietta-city.k12.ga.us
770-422-3500 ext. 231

Release July 3, 2014

Marietta City Schools Sets Millage Rate
Lowers Millage Rate Second Straight Year – Property Taxes Decrease

Millage rate remains among the lowest in metro Atlanta

MARIETTA, GA –The Board of Education of the City of Marietta announces that the school system millage rate will be set at the Combined Work Session and Regular Monthly meeting to be held at the Marietta City Schools Central Office, 250 Howard Street, Marietta, GA on July 15, 2014 at 6:00 p.m.

The school district millage rate (property tax rate) is currently set at 18.682 mills and will be lowered to 17.970 mills. The decrease of 0.712 mills will provide City of Marietta taxpayers with a reduction in their property tax from last year and is the second straight year the millage rate has been reduced.

The FY15 general fund budget adopted by the Board of Education of the City of Marietta does not require a millage rate higher than the rollback millage rate. Georgia law therefore exempts the school board from holding three public hearings before finalizing the millage rate.