Dunwoody city officials have decided to pay interest on property taxes wrongly collected from homeowners over the past three years.
City Council voted July 13 to add 1 percent per month in interest to the amounts now being refunded to taxpayers. The residents were taxed at too high a rate after city officials failed to properly notify DeKalb County of a tax exemption during the years 2012, 2013 and 2014.
About $150,000 in refunds will be sent to owners of about 2,748 residential parcels, based on an initial analysis of the Dunwoody residential tax records for the three-year period, the city said July 8.
Refunds will be as low as 11 cents and as high as $1,000.
