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Results [Showing 6 of 6]
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Cumberland Community Improvement District Board
The CID Board shall study, design and improve existing or proposed public streets, roads and bridges including curbs, drainage, sidewalks, street lights and traffic control devices and acquire right-of-way for such purposes.
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Town Center Area Community Improvement District
The CID Board studies, designs and improves existing or proposed public streets, roads and bridges including curbs, drainage, sidewalks, street lights and traffic control devices within the district, and acquires right-of-way for such purposes.
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Budget
The Budget Division is responsible for: Preparing and administering the annual budget; Preparing Biennial Budget documents and books; Preparing and publishing property tax millage rates; Revenue and Expenditure Analysis; Budgeting administrators for all County Departments; Preparing the Annual Budget at a Glance documents
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About Financial Management Services
Department Responsibilities: Maintaining and administering the County’s financial records in conformance with GAAP; Payroll administration; Manage debt issuance and monitoring; Long-range financial planning; Vendor payments and maintenance within the financial system; Federal government regulatory reporting; Maintaining property and inventory records; Grant accounting; Maintain the County’s cash and investments; Prepare and administer the annual budget; Bank reconciliations
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2022 SPLOST
Cobb SPLOST SPLOST 2022
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Transit System Advisory Board
The Board makes recommendations to the BOC regarding all aspects of a public transit system for Cobb County, and submits an annual budget for approval along with an annual report and other reports.
FAQs
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Can SPLOST Funds be used to reduce Property Taxes?
Although counties cannot directly include a property tax rollback as an eligible expenditure on the referendum, counties can use SPLOST funds to pay for capital outlay projects that would otherwise be funded through property tax revenues. Also, if excess proceeds remain after SPLOST projects have been completed and there is no county debt, the excess proceeds must go to the general fund of the county to reduce county property taxes. For more information on the Disposition of Excess Funds, please see the SPLOST Guide.
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What are the County’s sources of revenue?
The County’s primary source of revenue is property taxes. Other sources comprising the top five revenue sources are, in descending order for FY2024, are: other taxes, charges for services, transfers in, licenses and permits.
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What are the millage rates for the General Fund, Fire Fund and Debt Service Fund?
The Board of Commissioners reduced the millage rate (the measure used to assess property taxes) for 10 consecutive years from 1993 to 2002. The overall millage rate remained the same from 2002 to 2005 at 9.72 mills. The Board of Commissioners reduced the millage rate in 2006.
The General Fund was reduced by .03 mills to 6.82 mills; the Fire Fund was reduced by .09 mills to 2.56 mills; and the rate for the Debt Service Fund remained at .22 mills for a total of 9.60 mills.
In 2011 the Board of Commissioners raised the millage rate temporarily from 9.60 to 11.11 to adjust with the ever declining property tax rates. In 2014 the Board of Commissioners voted to lower the millage rate to 10.91.