Georgia’s May jobs report smashed records, surpassing 5 million jobs and an all time employment record of 5,283,862. “Five million jobs, an all-time high labor force, and record employment in a single month: This is what a modern, adaptable economy looks like when it works for all Georgians,” said Georgia Labor Commissioner Bárbara Rivera Holmes. 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…
