Tuscaloosa officials review property disposal plans to boost tax revenue

Tuscaloosa's Properties Committee is taking significant steps to optimize city assets and address budget challenges. During the meeting on July 1, 2025, committee members discussed the potential sale of several city properties, including the old Fire Station 11 and the former TFR administration building at 3200 Greensboro Avenue. These properties, which are no longer critical for city operations, could be sold to generate revenue and bring them back onto the tax rolls.

Mr. Moore highlighted the importance of reviewing the city’s portfolio of approximately 500 properties, emphasizing that selling underutilized assets could help offset a projected $4 million annual budget cut due to the SSUT impact. The committee is exploring ways to engage developers and the community to maximize the value of these properties, with the goal of not only generating one-time funding but also creating ongoing revenue streams through potential public-private partnerships.

Additionally, discussions included the status of the Lawrence Branch of the YMCA, which has faced uncertainty due to federal funding issues. The committee is working with community leaders to determine the next steps for this property.

The meeting also touched on the need for innovative solutions regarding the Phelps Center, which has been operating at a significant deficit. Committee members expressed a desire to rethink the facility's future, considering options that could better serve the community while alleviating financial burdens.

As the committee moves forward, they plan to present proposals for property sales and partnerships, aiming to enhance the city’s financial health and community resources. The focus remains on engaging stakeholders and ensuring that decisions align with the best interests of Tuscaloosa residents.