Tag Archives: beltline tad

Atlanta Schoolchildren Lose $63.6 Million In APS/Beltline Deal (UPDATE 2)

lady justice revised

UPDATE 1: Title and article updated with new total numbers (see below for full editorial comment).   (APN) ATLANTA — The Atlanta Board of Education has conceded to recouping tens of millions dollars less than the original 162 million dollars promised to the Atlanta Public School system (APS) for its participation in the Beltline Tax Allocation District (TAD).   In […]

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Beltline TAD Saved by Constitutional Amendment, Georgia Supreme Court Rules

  (APN) ATLANTA — In a unanimous opinion, on June 03, 2013, the Supreme Court of Georgia ruled that the 2008 statewide ballot referendum, which sought to retroactively approve unconstitutional Tax Allocations Districts (TADs) in the State of Georgia, effectively brought the TADs back to life, despite the fact that the same Court had found the TADs to be previously […]

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Fulton, APS Concerned about Atlanta TAD Fund Balances

(APN) ATLANTA — Fulton County and Atlanta Public Schools are concerned about the recent performance audit by Leslie Ward, City of Atlanta auditor, regarding the ten City of Atlanta Tax Allocation Districts (TADs). TADs are systems where governments agree to divert from their General Funds the property tax revenues above a certain base amount collected from certain neighborhoods. ¬†For the […]

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