All the refund checks are in the mail, city officials say.
Homestead exemption refund checks were issued for Dunwoody homeowners who qualified for a residential property assessment freeze exemption for the purpose of city taxes over the three-year period from 2012 to 2014.
Those receiving a check will get it according to individual annual tax payment methods. Refund payments were distributed either directly to the taxpaying homeowner or to the homeowner’s mortgage company escrow account. All affected homeowners were sent a letter from the city indicating refund amounts and distribution method.
Refund payment amounts will vary according to individual property assessment increases over the last three years and though some refunds will be small, the city asks everyone to cash or deposit the checks to help ensure accurate reconciliation.
Dunwoody City and the DeKalb County Tax Commissioner’s Office examined residential tax records from 2012 to 2014 and determined approximately one in five residential parcels within the city were not properly credited with the property assessment freeze exemption. The city then worked closely with Tax Commissioner’s Office to issue individual refund checks and expedite check distribution and mailing.
Dunwoody homeowners who filed and qualified for a homestead exemption and received an increased property assessment during 2012, 2013 and/or 2014 above what their assessed home value was in 2009 have been mailed a refund check. Approximately 2,748 residential parcels were affected based on analysis of the Dunwoody residential tax records for the three year period. The city issued a total of approximately $150,000 plus interest in property assessment freeze refunds for affected residential parcels.