ALBANY, GA (WALB) – The Albany Dougherty Economic Development Commission is busy trying to market the city. EDC President Ted Clem says his top priority is to fill the vacant Cooper Tire facility.
That would put money back on the tax rolls and put people back to work. Clem told us he doesn't think proposed legislation to use a fractional sales tax to fund economic development is a good idea right now.
Clem said, "It's probably not the best time to be talking about a new tax, especially here locally, we have a lot at stake with running our SPLOST in the fall. We have a lot of important projects that will be financed. It's probably not the best time for us to consider an additional tax."
House Bill 1049 would give each county the ability to invest in a fractional sales tax to support cultural assets and economic development initiatives in their community.