With gas prices spiking due to the war in Iran, Georgia lawmakers are looking to give their constituents some relief at the pump. The state House of Representatives voted Wednesday 163-4 to suspend the gas tax for 60 days. The average price of a gallon of gas in Georgia is sitting at $3.73, a full dollar from where it was a month ago. If approved (the Senate is expected to fast-track it for a vote) the bill would save Georgia drivers $170 million to $200 million a month. 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…
