The City of Kennesaw recently issued a press release with information regarding a 2009 and 2010 homeowners’ property tax increase. The increase is due to a Georgia tax relief grant that is no longer being funded by the state, and is not a City of Kennesaw tax increase. Homeowners will see a tax bill with a $64 increase in 2009 and 2010. The full press release is included below:
PRESS RELEASE
June 10, 2009
For Immediate ReleaseImportant Tax Information
Eliminated State Grant Increases Homeowners’ Property Tax
The Homeowner’s Tax Relief Grant enacted by the Georgia General Assembly was not funded in the 2009 State budget, resulting in an increase for homeowners’ 2009 property tax bills. This amount was paid previously on the property owner’s behalf by the state and is not a City of Kennesaw tax increase.The result is the City of Kennesaw tax bill in 2009 and 2010 will increase by $64. If your taxes are paid from an escrow account through your mortgage lender, you may want to notify them so the escrow payment amount can be adjusted accordingly.
In 1999, the governor and General Assembly appropriated the grant to counties, cities and schools, giving tax relief to homeowners in the form of a tax bill credit. According to legislation passed this year (House Bill 143), the grant will only be made available in the future if state revenues grow at least 3 percent plus the rate of inflation.
For more information, contact Christy Huiel, the City’s property tax administrator, at 770-424-8274 or email her at chuiel@kennesaw-ga.gov.