During 2012, Cobb County brought in more than $54 million in investments, 1,700 jobs and 19 new business announcements, Chairman Tim Lee said during his Jan. 14 State of the County address at the Cobb Galleria.
Lee described these and other successes during the Cobb Chamber of Commerce event attended by an estimated 550 people. He discussed various achievements and progress made by county government during the past year, as well as future plans that include lowering the millage rate.
Economic achievements during 2012 included relocation and expansions by businesses such as Gas South, Home Depot and Pramac.
"In these competitive times, in this economy these projects do not land in our community by chance, it happens because we work together," he said. "We have a great community ‘product’ to market, and we need to keep our product competitive in order to continue this success."
Lee cited strategic partnerships between the State Department of Economic Development, Cobb County, its six cities, the Cobb Chamber of Commerce and others as helping retain jobs and recruit new jobs and investments in Cobb.
For the 15th consecutive year, Cobb County has had "Triple A" ratings from the nation’s three top bond rating agencies. Likewise, the Cobb Water System has maintained "Triple A" bond ratings since 2001 – one of the few in the country to do so, Lee said.
Cobb County has the lowest millage rate, the smallest budget and lowest sales tax rate compared to other metro Atlanta counties, with services delivered by the fewest number of employees, he said.
"We have the highest level of committed government employees in the nation and I appreciate each and every one of them," Lee said.
Those who would like to view the entire speech can find it on Cobb County’s YouTube channel at www.youtube.com/user/cobbcountygovt.
The Cobb County 2012 Annual Report is now available online also. It contains almost a dozen sections filled with informative details as well as up-to-date comparisons of the county millage rate, budget totals and sales tax with other metro counties. The entire report is available at Annual Report.