Thursday, May 31, 2018

2018 Real Estate Valuations Issued For Dunwoody

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 millage rate since incorporation in 2008.

 
 
City’s Millage Rate of 2.74 Will Not Rise
 
Dunwoody, GA – May 31, 2018 – 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 millage rate since incorporation in 2008.
 
The city received notice of its sixth year-over-year increase in the real and personal tax digest for 2018 as a result of the revaluation of real property tax assessments performed by the DeKalb County Tax Commissioner’s office. 
 
Dunwoody homeowners who filed and qualified for a homestead exemption will pay no more in city taxes than the amount paid in 2009 based on the residential property assessment freeze exemption effective since the city’s inception.  This exemption is in addition to the one (1) mill exemption also in place granting homeowners in Dunwoody an effective millage rate of just 1.74 mills.
 
At the anticipated millage rate of 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 2018, 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 this subject. The public is invited to attend information meetings at Dunwoody City Hall located at 4800 Ashford Dunwoody Road Dunwoody, Ga. 30338 on:
June 11, 2018 at 9:00 a.m.
June 11, 2018 at 6:00 p.m.
 
The City Council will have a third and final public hearing followed by a vote on a tax rate for FY 2018 at a Special Called Meeting on June 18, 2018 at 8:00 a.m.
 
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