City of Dunwoody: Millage Rate Will Not Rise

According to a recent press release from the city of Dunwoody, it is considering "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 2009."

A recent revaluation of real property tax assessments has resulted in the very first year-over-year increase in the real and personal tax digest for 2013, the release states. The city also said:

Notwithstanding this small yearly increase in the overall tax digest for real property, the digest has dropped by more than 10 percent since the City’s incorporation in 2009.  This decline in city-wide tax digest values amounts to more than $400 million dollars over the past five years.

Dunwoody taxpayers will have the opportunity to voice their comments on the revaluation of real property tax assesments at three upcoming public hearings:

•  June 12, 9 a.m. at City Hall, 41 Perimeter Center East.
• June 25, 6 p.m. and 7 p.m. at City Hall.

The city stated that "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 2013, depending on whether individual property gained or lost value this year."

The Dunwoody city council will vote on a final tax rate for fiscal 2013 on June 25, 7 p.m.