The Kennesaw City Council has tentatively adopted millage rates which will require an increase in property taxes by 3.96 percent for M&O and 3.66 percent for Bond but with the same millage rates since at least 2014.
Three public hearings on these tax increases will be held at 6 p.m. Aug. 12 and 10:30 a.m. and 6:30 p.m. Aug. 19 at the Kennesaw City Hall Council Chambers, 2529 J. O. Stephenson Ave., Kennesaw.
This tentative increase will result in a millage rate of 8 mills for M&O and 1.5 mills for Bond, an increase of .305 mills for M&O and .053 mills for Bond.
Without this tentative tax increase, the millage rate will be no more than 7.695 mills for M&O and 1.447 mills for Bond.
The proposed annual tax increase for a house with a fair market value of $200,000 is around a $24 increase for M&O and a $4 increase for Bond.
Then the proposed annual tax increase for nonhomestead property with a fair market value of $400,000 is about a $49 increase for M&O and an $8 increase for Bond.
Information: kennesaw-ga.gov/tax-digest-notice-of-property-tax-increase-available
