Atlanta’s past sale of trophy properties, such as Underground Atlanta, has helped ease pressure on the city’s upcoming budget and put Atlanta ahead of other governments that have kept assets such as public golf courses – another item Atlanta unloaded.
Tag: Budget
Posted inLatest News
Atlanta mayor hits pause on budget; public safety spending in the air
Pressure is on to get the city jail shut.
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Coronavirus saps state economy, state employees and services to face cut
State spending is already lean.
Posted inMaggie Lee
City of Atlanta draft budget avoids furloughs — and most new hiring
Atlanta city departments will be asked how they might cut budgets by 5-10%.
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Credit analysts warn of harm to education posed by potential state spending cuts
Georgia’s early look at cutting the state budget to offset falling revenues was flagged Monday for its potential to harm the state’s quality of education and weaken the credit rating of local school districts, according to a credit outlook released by Moody’s Investors Service.
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Cigarettes and booze little solace for Georgia budget-writers
Many other things are going to be subject to the Covid Recession.
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Governor, lawmakers request 14% state budget cuts
Schools won’t be spared the pain.
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Trees and seedlings come up $3.4 million short in Atlanta spending, say advocates
Some fear Atlanta’s tree canopy won’t last.
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Empty malls, arenas and hotels to cost Atlanta budget at least $35 million
COVID is keeping visitors — and their tax dollars — away.
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New federal relief headed to Georgia, for a start
But it’s a 247-page act that’s not fully sorted out yet — and it probably won’t be enough.
Posted inColumns
COVID-19 may cast shade on sunny local government budgets
“We just have no idea at this time what sort of expenses we’re going to have associated with this emergency.”
Posted inColumns
Coronavirus pauses Ga. Legislature, debate on taxes, criminal justice and the environment
Coronavirus emptied the Georgia Legislature — but not before lawmakers shoved just about 100 bills through a bottleneck Thursday.
Posted inMaggie Lee
Money, proposed tax break take front seat in Georgia Legislature’s closing weeks
It won’t be until the last days of the Georgia legislative session that there are settlements on teacher pay raises, budget cuts or tax cuts.
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Divided Fulton County Commission approves $782 million budget
Some called for more spending.
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Fulton puts budget on hold
The $758 million budget will get more work before a vote.
Posted inColumns
Fulton considering $758 million budget
But there are questions about whether Fulton should spend more, especially on courts.
Posted inMaggie Lee
Georgia’s economic outlook is not bad — so proposed state budget cuts raise questions
Georgia Gov. Brian Kemp has asked many departments for ideas to cut spending over the next 21 months. But with economists predicting only a mild recession — if any for Georgia — lawmakers have some questions about this idea.
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Gov. Kemp’s spending cutbacks follow historic pattern: Moody’s Investors Service
Gov. Brian Kemp has ordered a 4 percent reduction in state spending starting Oct. 1 and a 6 percent cut starting next July 1. The move is in keeping with the long line of Georgia governors who have cut spending as revenues decline and maintained a high credit rating, according to Moody’s Investors Service.
Posted inMaggie Lee
Atlanta’s housing authority approves $357 million in annual spending; goal of serving 1,100 new families
The need is huge: about 75,000 households are on the waiting list for assistance from the city’s public housing authority.
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Atlanta’s draft $2.2 billion operating budget, simplified
Much of the annual operations money comes from, and must be dedicated to, the airport, water service and garbage pickup. After that, the next biggest expense is policing.
