Metro Atlanta
Dunwoody voters to decide on $60 million in bonds
On Nov. 7, Dunwoody voters will decide whether or not to approve $60 million in bonds to pay for parks, greenspace and trails. (Courtesy of Dunwoody)
Members of the Dunwoody City Council have called for an election on the Nov. 7 ballot to issue general obligation debt up to $60 million.
The following list is not ranked by preference and is subject to change based on the city’s needs:
- Parks and Greenspace: Roberts Drive 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.
The $60 milllion in 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 rate would represent 2.3% of the total tax bill.
See a pie chart at dunwoodyga.gov/Home/Components/News/News/445/16#!.
Learn more at dunwoodyga.gov/government/bond-referendum.
