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Mableton to consider forming tax allocation districts (TADs)
Summary by Cobb County Courier
1 Articles
1 Articles
Mableton to consider forming tax allocation districts (TADs)
At the Mableton City Council‘s October 6 work session, the city’s Economic Development Director Artie Jones made a presentation to the council on how the city could utilize a Tax Allocation District to fund infrastructure projects that support redevelopment. The slide presentation described how the system works as follows: Property values inside a district are frozen at a “base” level. As redevelopment occurs, tax revenues above that base (the …
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