The City of Roswell is tentatively proposing a property tax rate—also known as a millage rate—for Tax Year 2025 of 4.949 mills, which is the same as the prior year’s millage rate. If the proposed millage rate is formally approved by Mayor and Council, Roswell’s property tax rate will reflect the lowest Maintenance and Operations (M&O) millage rate in 17 years.
City Council will hold three public meetings on the following dates to consider the proposed millage rate at City Hall, 38 Hill Street, Roswell:
- Monday, Sept. 8 at 7:00 p.m.—First Reading at City Council Meeting
- Monday, Sept. 15 at 6:00 p.m.—Public Hearing
- Monday, Sept. 22 at 7:00 p.m.—Second Reading at City Council Meeting
The 4.949 rate includes two components: a Maintenance & Operations (M & O) component and a Debt Service component. Roswell’s proposed 2025 millage rate of 4.949 mills represents no change in either component of the millage rate.
The proposed Maintenance & Operations (M & O) component of 4.049 goes toward supporting the City’s General Fund services and programs, such as Public Safety, Recreation and Parks, Transportation, and services offered by other City departments. If approved, the 2025 M & O millage rate will remain at its lowest level in 17 years.
The proposed Debt Service component accounts for 0.900 of the rate and is applied to the repayment of voter-approved debt. Property taxes paid this year will go toward the repayment of the City’s Bond Program, which includes issuances of $86.2 million (approved in May 2023). Roswell’s Bond Program, which was overwhelmingly approved by voters in 2022, provides critical funding for transformative projects across the City, including investments in parks, trails, and sidewalks; Police and Fire facilities and technology; and the construction of Roswell’s much-anticipated downtown public parking deck.
Tax Breakdown
Each year, Roswell residents pay property taxes to three different government agencies (each with their own millage rate): Fulton County, Fulton County School District, and the City of Roswell. Out of the total property tax that a Roswell resident pays, City taxes are equal to approximately 16 percent of their total bill. Taxes paid to Fulton County Schools and Fulton County account for approximately 55 percent and 29 percent, respectively.
With the City of Roswell’s proposed 4.949 millage rate, a Roswell homeowner who has a property with a fair market value of $575,000 (assessed value of $230,000 or 40%), will pay about $1,138.27 in property taxes to the City of Roswell. Property owners with homestead exemptions would pay even less. Approximately $207 of that homeowner’s City property tax goes directly towards investments in the community through the Bond Program.
For more information about property taxes, as well as available Homestead Exemptions, visit www.Roswellgov.com/PropertyTaxInfo.
Frequently Asked Questions
What is the proposed property tax (millage) rate for 2025?
The City of Roswell is tentatively proposing a property tax rate (millage rate) of 4.949 mills for Tax Year 2025. This is the same rate as 2024 and, if approved, will represent the lowest Maintenance & Operations (M&O) millage rate in 17 years.
When will City Council consider the proposed millage rate?
City Council will hold three public meetings at City Hall (38 Hill Street, Roswell):
– Monday, Sept. 8 at 7:00 p.m. – First Reading at City Council Meeting
– Monday, Sept. 15 at 6:00 p.m. – Public Hearing
– Monday, Sept. 22 at 7:00 p.m. – Second Reading at City Council Meeting
What makes up the 4.949 millage rate?
The proposed rate includes two components:
– Maintenance & Operations (M&O): 4.049 mills – Funds City services and programs such as Public Safety, Recreation and Parks, Transportation, and other General Fund operations.
– Debt Service: 0.900 mills – Used to repay voter-approved debt, including the City’s Bond Program.
What is the Bond Program and how is it factored into the millage rate?
In November 2022, voters overwhelmingly approved Roswell’s Bond Program, which authorized $179.6 million in investments. The first issuance of $86.2 million (approved in May 2023) funds projects such as:
– New and improved parks, trails, and sidewalks
– Police and Fire facilities and technology
– Construction of Roswell’s downtown public parking deck
Approximately $207 of a typical homeowner’s 2025 City property tax will go directly to repaying the first issuance of this program.
Does the 2025 millage rate include the second issuance (second tranche) of the Bond Program?
No, the 2025 millage rate includes the first issuance (first tranche). The second issuance (second tranche) was approved by City Council in spring 2025 and will be factored into next year’s millage rate.
How are Roswell’s property taxes distributed among local governments?
Roswell residents pay property taxes to three agencies:
– Fulton County School District – 55% of the total bill
– Fulton County Government – 29%
– City of Roswell – 16%
How much would the average Roswell homeowner pay in 2025 City property taxes?
A Roswell home with a fair market value of $575,000 (assessed value $230,000, or 40%) will pay about $1,138.27 in City property taxes.
– About $931 supports General Fund services (M&O).
– About $207 supports the Bond Program (Debt Service).
Homeowners with homestead exemptions will pay less. Learn more at www.Roswellgov.com/PropertyTaxInfo.
How does the proposed 2025 rate compare historically?
If approved, the 2025 M&O rate of 4.049 mills will remain the lowest in 17 years, continuing Roswell’s commitment to maintaining low property taxes while investing in community priorities.
Where can I learn more about property taxes and exemptions?
Visit www.Roswellgov.com/PropertyTaxInfo to learn about:
– Homestead Exemptions
– Tax payment information
– Property tax history
