Might Tax Allocation District jump start Albany economy? - WALB.com, Albany News, Weather, Sports

Might Tax Allocation District jump start Albany economy?

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Local artists auction work to benefit Albany Humane Society

    Local artists auction work to benefit Albany Humane Society

    Tuesday, September 16 2014 4:07 AM EDT2014-09-16 08:07:28 GMT
    Animal lovers can give back to the Albany Humane Society in a very unique way. Local artists will be auctioning off their work to benefit the non-profit organization through Artists for Animals. More >>
    Animal lovers can give back to the Albany Humane Society in a very unique way. Local artists will be auctioning off their work to benefit the non-profit organization through Artists for Animals. 
    More >>
  • Worth County is Camera Ready

    Worth County is Camera Ready

    Monday, September 15 2014 10:50 PM EDT2014-09-16 02:50:56 GMT
    Karen Rackley, Sylvester-Worth County Chamber of Commerce Executive DirectorKaren Rackley, Sylvester-Worth County Chamber of Commerce Executive Director
    Every county in Georgia is now camera ready.Worth County is one of the final 20 counties that just earned the designation meant to show television and movie producers that local communities are able and willing to help them. More >>
    Every county in Georgia is now camera ready.Worth County is one of the final 20 counties that just earned the designation meant to show television and movie producers that local communities are able and willing to help them. More >>
  • Sylvester city departments remain without phone service

    Sylvester city departments remain without phone service

    Monday, September 15 2014 10:50 PM EDT2014-09-16 02:50:33 GMT
    Bill Yearta, Mayor of SylvesterBill Yearta, Mayor of Sylvester
    All city departments in Sylvester remain without phone service. The phone system went down on Monday at Sylvester City Hall and the police, fire, and public works departments.More >>
    All city departments in Sylvester remain without phone service. The phone system went down on Monday at Sylvester City Hall and the police, fire, and public works departments.More >>

By Karen Cohilas - bio | email

October 20, 2008

ALBANY, GA (WALB) - On Monday, Assistant City Manager James Taylor presented an update to county commissioners about the status of the district, called a 'TAD.'

He says if all goes as planned, the city will adopt and create the district next week. It will allow the city to give incentives to businesses, growing the tax base and economy.  

"We get them wanting to be here because there's an economic benefit to being downtown and being in and around Walmart and we back out of the game. There's no reason to be in the game. Our reason we're in the game is to incentivize those to come here. Once they're here and they're successful, and this becomes a money making area, we won't have to ask people to come, they'll be asking us to come and that's when we shut down the TAD," Taylor said.

The city hopes to have the tax allocation district finalized by December 31st. If it's not, the city will have to wait another year before adopting a TAD.

Feedback