County, Cities Meeting Wednesday to Talk New Tax Option

Marietta Daily Journal Podcast

From the Ingles Studio this is your news minute on the Marietta Daily Journal Podcast presented by Credit Union of Georgia. Today is Wednesday, December 18th and I'm Keith Ippolito.

County, Cities Meeting Wednesday to Talk New Tax Option

The Cobb County Board of Commissioners has scheduled a special meeting to discuss the implications of House Bill 581, a new property tax law approved by Georgia voters. HB581 introduces a statewide floating homestead exemption aimed at altering property tax systems, alongside an optional 1% Floating Local Option Sales Tax (FLOST). Local governments must decide by March 1 whether to opt-in or out of the exemption. Those opting out cannot impose a FLOST and must meet strict requirements, including public advertising, three public hearings, and passing a resolution before the deadline.

The meeting, set for 10 a.m. Wednesday at 100 Cherokee Street in Marietta, will bring together representatives from Cobb County and its municipalities to address these changes. Marietta Mayor Steve Tumlin confirmed city representation, and Commissioner Keli Gambrill stated all seven city leaders were invited to participate in this critical discussion on the county’s tax policy direction.

For more news about our community, visit mdjonline.com. For the Marietta Daily Journal Podcast, I'm Keith Ippolito.

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