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Tax district for Atlanta BeltLine approved by city council

The tax would impact commercial properties near the trail. Author: Doug Richards Updated: 7:25 PM EDT March 15, 2021 ATLANTA The Atlanta City Council is considering a new tax that its backers said would juice construction of the Atlanta BeltLine. However, critics claim the timing is terrible because the economy has slowed to a trickle during the pandemic. In its virtual meeting Monday, the city council approved a new tax district to benefit the BeltLine, though it had not yet approved the 2 mill increase proposed for commercial properties within the district.  The new property tax would be designed to accelerate the Beltline’s construction by taxing nearby commercial property.

New Beltline tax gets first OK

The tax would impact commercial properties near the trail. Author: Doug Richards Updated: 7:25 PM EDT March 15, 2021 ATLANTA The Atlanta City Council is considering a new tax that its backers said would juice construction of the Atlanta BeltLine. However, critics claim the timing is terrible because the economy has slowed to a trickle during the pandemic. In its virtual meeting Monday, the city council approved a new tax district to benefit the BeltLine, though it had not yet approved the 2 mill increase proposed for commercial properties within the district.  The new property tax would be designed to accelerate the Beltline’s construction by taxing nearby commercial property.

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