City of Dunwoody
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The results of the Nov. 7, 2023 vote on the City of Dunwoody General Obligation Bond Referendum:
No – 4,814 votes – 57%
Yes – 3,662 votes – 43%
Click here for more detailed Bond Referendum Questions & Answers
BALLOT QUESTION
In November 2023, the City of Dunwoody General Election ballot will include the following language:
“Shall the City of Dunwoody, Georgia (the “City”) issue general obligation bonds in an aggregate principal amount not to exceed $60,000,000 for the purpose of financing (a) the acquisition, construction, installation, improvement and equipping of (i) parks and recreational areas, (ii) greenspace and (iii) trails, (b) the costs of issuing the bonds and (c) capitalized interest on the bonds? Such approval shall also constitute an approval of the increase in the City’s current millage cap of 3.04 only to the extent necessary to repay the bonds."
PROJECTS
If approved, the City of Dunwoody would work on capital improvements in the following areas using bond funding, along with other revenue sources. Note that the list below is not ranked by preference and is subject to modification based on the needs of the City:
Parks and Greenspace: Wildcat Park, Homecoming Park on Vermack Drive, Softball Fields, Waterford Park, Brook Run Park
Trails: Village Crossroads (Chamblee Dunwoody Road), continuance of the Winters Chapel Multi-use Trail, North Peachtree Road, Mount Vernon Road
PROPERTY TAX IMPACTS
The bonds would be paid off over 20 years. Based on preliminary 2023 digest numbers and conservative market rates, the typical home in Dunwoody ($500,000 value frozen at $400,000), would pay an extra $157.36 a year at a rate of 1.049 mills if the bond is approved. This would represent 2.3% of the total tax bill.