Peach State hockey fans got some bad news this week when NHL officials announced that it was formally exploring expansion in Houston. That means that Atlanta’s two competing bids, one in Forsyth County led by car dealership owner Vernon Krause and the other in Alpharetta helmed by former NHL player Anson Carter, are on the shelf for now. That doesn’t mean the bids are dead, but for now they’re 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…
