The Kennesaw City Council decided recently to keep the same maintenance and operation and bond millage rates.
Both rates have been the same as they have been since 2012 at 8 mills for the M&O and 1.5 mills for the bond.
While the millage and bond rates are proposed to stay the same, property taxes will increase by 6.5 percent for the M&O and 6.31 percent for the bond.
The proposed tax increase for a house with a fair market value of $183,827 will be about $36 for M&O and $7 for bond rates annually.
For non-homestead property, the proposed tax increase for a house with a fair market value of $368,790 will be around $72 for M&O and $13 for bond rates.
The bond millage rate pays the debt service on the $15 million recreation and traffic safety bonds that were approved by Kennesaw voters in September 2004.
Information: Kennesaw-Ga.gov.
About the Author