Georgia has been named– for the third year in a row– the No. 1 state in the nation in which to do business by Site Selection magazine, a leading economic development trade publication. “Through collaborative public-private sector efforts, we have created hundreds of thousands of jobs for families, invested millions in our local communities and improved the overall quality of life for our citizens,” Gov. Nathan Deal says. “Three consecutive first-place finishes in this ranking is a pattern. It says the state clearly has in place the business-attraction attributes most required by companies expanding and establishing new facilities,” Site Selection Editor Mark Arend says. For Governor Deal and his economic team, their boat is RISING…
Atlanta, Fulton Co. square off in tax fight
The City of Atlanta has long used tax allocation districts (TADs) as an economic development tool, leveraging property tax increases to pay for local infrastructure projects. But the Fulton County Commission has slammed on the brakes, voting 4-1 to reject a proposed 30-year extension of Atlanta’s TADs. That sets up a major budgetary clash, as the Fulton TADs would be expected to generate over a billion dollars over that period. Now the county will vote on TADs on a case by case basis, with stricter oversight and enforcement, leaving Atlanta’s money faucet DRIFTING…
