It was an art museum heist in Atlanta – but not the fun kind – when former Chief Operating Officer of the High Museum of Art Brady Lum was charged with funneling more than $600,000 from the museum into a personal slush fund. The FBI investigated Lum’s shady dealings at the prestigious Midtown Atlanta museum, and he was arraigned in federal court this week. The scandal (and likely looming prison time) has Lum 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…
