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Cobb Reporter

Friday, September 20, 2024

CITY OF MARIETTA: Marietta City Council Adopts Balanced FY 2022 Budget With A Property Tax Decrease

Budget

City of Marietta issued the following announcement on June 10. 

On Wednesday, June 9, 2021, the Marietta City Council voted to adopt a balanced budget for Fiscal Year 2022, which begins July 1, 2021, and ends June 30, 2022. 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.

Homeowners within Marietta City limits will see a decrease on their property taxes for the third year in a row due to the fact the City was able to reduce the tax rate applied towards the Franklin Gateway Redevelopment Bond. Additionally, the City of Marietta has not raised property taxes in 18 years.

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 millage rate that supports the General Fund governmental services is currently 2.788 mills and will remain the same.

The City’s overall FY 2022 budget is $372.2 million, which includes $63.28 million for the general fund budget.

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

Original source can be found here

Source: City of Marietta

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