Kennesaw will hold three hearings on tax increase

Kennesaw officials will hold public hearings on increasing property taxes for new homeowners at 6:30 p.m. Monday, July 6, and 10:30 a.m. and 6:30 p.m. July 20 at City Hall, 2529 J.O. Stephenson Ave.

For a house valued at $100,000, the annual increase would be $24 for a new homeowner, city spokeswoman Pam Davis told The Atlanta Journal-Constitution.

“Existing homeowners would not necessarily be affected,” she added.

If approved by the city council, property taxes would increase by 6.61 percent for the millage rate and 6.46 percent for the bond rate above the rollback millage rate.

Since the city’s tentative budget requires a higher millage rate than the rollback millage rate, Georgia law requires three public hearings before final budget adoption.