DeKalb Taxpayers Beat GM Tax Hike

Thank you to everyone who answered the call in this message by taking the time to contact the county commissioners about the proposal to use our tax dollars as financial assistance to help an out-of-state developer to acquire and redevelop the Doraville GM site.

County officials confirmed that the proposal would have required a flat-out increase in your property taxes. Fortunately, the DeKalb County Commission had the good sense to defeat the proposal on a 5-2 vote. The five commissioners who voted against it wisely refused to raise your property taxes and use the proceeds of the tax hike to gamble on a risky commercial real estate venture.

Click here if you’d like to read my AJC op-ed piece that was published on the day of the vote. It’s the “con” article below the “pro” article.

Real estate experts agree that the GM site will be redeveloped once market conditions improve. The site is a prime parcel located on a major highway (I-285), a major north-south artery (Peachtree Industrial Boulevard), a MARTA station, and a freight railroad line. The county commission’s vote is by no means the end of the road for the property. It does, however, make it unlikely that we’ll see another effort to force DeKalb taxpayers to shoulder the risks of a large-scale project that banks and private investors will not finance.

Comments are closed.

Follow

Get every new post delivered to your Inbox.