Spain trudged to a disappointing draw in its first match in Atlanta, but city and state officials hope this World Cup provides an opportunity to deepen economic ties with the European nation. City officials and delegates from the Metro Atlanta Chamber visited Spain in April to meet with companies with Georgia ties, and hope to strengthen them this month while the World Cup is in town. Currently Spain’s annual trade with Georgia totals about $1.7 billion per year, and as the relationship grows that number should be 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…
