You’ve heard of many new cities springing up around Georgia over the past decade, but you probably haven’t heard of as many disappearing. That’s what happened to the city of Quitman in south Georgia, which lawmakers agreed to dissolve by passing HB 1567 yesterday. City officials haven’t remained compliant with state-required audits in more than eight years, among other issues. If the bill is signed by Kemp, Brooks County will take over its duties and assets, leaving Quitman’s (soon to be former) residents SINKING…
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…
