Wednesday, June 03, 2015

2015 Real Estate Valuations Issued For Dunwoody

Millage Rate Will Not Rise as Overall Tax Assessments Increase for Third Time Since City's Incorporation

 

Dunwoody, GA – June 3, 2015 The City of Dunwoody will consider setting the millage rate for real estate at a maximum of 2.74 mills following the recent revaluation of real property tax assessments, preserving the same mill rate since incorporation in 2008.

The City received notice of its third year-over-year increase in the real and personal tax digest for 2015 as a result of the revaluation of real property tax assessments. Notwithstanding this increase in the overall tax digest for real property, the digest is virtually unchanged since the time of the City’s incorporation in 2008.

By keeping the millage rate at 2.74 mills since incorporation, one of the lowest millage rates of any similarly-sized city within the immediate Atlanta metro area, Dunwoody property owners may see an increase or a decrease in their real estate taxes in 2015, depending on whether individual property gained or lost value this year. The City of Dunwoody does not have direct control or influence over the valuations of the tax assessor’s office.

In accordance with state law requirements, the City of Dunwoody will hold three public hearings to receive comment from taxpayers on aspects of the recent revaluation of real property tax assessments. The public is invited to attend information meetings on June 8, 2015 at 6:00 p.m., June 22, 2015 at 6:00 p.m. at Dunwoody City Hall located at 41 Perimeter Center East Dunwoody, Ga. 30346. The City will hold an additional information meeting on June 22, 2015 at 8:30 a.m. at Dunwoody City Hall.

The City Council will vote on a final tax rate for FY 2015 on June 22, 2015 at 6:00 p.m.

For more information regarding the City of Dunwoody, please contact Bob Mullen, Marketing and PR Director, at 678-382-6700 or bob.mullen@dunwoodyga.gov.

 

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About the City of Dunwoody, Georgia

Dunwoody is located in metro Atlanta, in northern DeKalb County, Georgia and was officially incorporated as a city on December 1, 2008. The City of Dunwoody provides quality service to its citizens and supports the largest economic engine in the Southeast by planning in a careful and thoughtful manner.  The City of Dunwoody is inventive, transparent and embraces responsible progress, tempered by the city’s rich history and strong desire to maintain a close and vibrant community atmosphere that values family life and the entrepreneurial spirit. The City of Dunwoody supports and nurtures a community dedicated to the preservation of family, education, religious institutions, and the environment.

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