Atlanta officially opens up its World Cup hosting duties today at noon when Spain kicks off against Capo Verde. But the city’s soccer fever is already in full swing, hosting massive crowds at watch parties all across the city over the weekend. Centennial Olympic Park, the home of FIFA’s official fan fest, has had 15,000 visitors every day since Thursday! The World Cup’s massive tourism boom has Atlanta’s hospitality industry 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…
