Residential, Business and Motor Vehicles Affected by the Millage Rate Increase

The Cobb Board of Commissioners voted 3-2 Tuesday to approve a property tax increase that will go into effect for tax bills due in October.

The measure increases Cobb’s millage rate from 9.6 to 11.11 mills, a 15.7 percent increase.

Residents were given the example of a $105 increase per $200,000 in home value, but Stefani Balli, administrative coordinator for county Finance Director Jim Pehrson, told Patch that the millage rate increase affects all classes of property, including:

• Residential.
• Personal.
• Commercial.
• Public utilities.
• Motor vehicles.
• Mobile homes.
• Timber.
• Heavy-duty equipment.

In addition to residential property taxes, the taxes on motor vehicles and construction equipment will increase. The cost of doing business in Cobb will increase, and business owners could pass the added expense on to consumers.