Kennesaw Mayor Derek Easterling and the City Council will hold two more public hearings on a proposed tax increase.
However, they are planning to keep the same millage rate of 9.5 with 8 mills for the Maintenance and Operations (M&O) tax rate — the same as it has been since 2011.
The other 1.5 bond millage rate funds the debt service on the $15 million recreation and traffic safety bonds that were approved by the city’s voters in September 2004.
This proposed millage rate will require an increase in property taxes by 6.04 percent for the M&O and 5.93 percent for the bond.
The proposed annual tax increase for a house with a fair market value of $153,704 is around $28 extra for M&O and $5 more for the bond.
For non-homestead property with a fair market value of $322,461, the expected tax increase is about $59 more for M&O and a $10 increase for the bond.
Two more public hearings are planned for 10:30 a.m. and 6:30 p.m. July 18 in the Council Chambers, Kennesaw City Hall, 2529 J.O. Stephenson Ave., Kennesaw.
The millage rate is expected to be adopted following the final public hearing during the 6:30 p.m. July 18 meeting.
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