Georgia has a cotton-picking problem. Cooler temperatures and excessive rain this summer delayed the harvesting of this year’s crop. The Peach State grew about $1.2 billion of cotton in 2012, which pro- vided jobs for more than 53,000 Georgians. Those are numbers enough to ‘boll’ us over. Hurry up already with that harvest! Drifting
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…
