Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Battery development and Braves partnership delivered multi‑million tax gains, county staff says
Summary
County staff told commissioners the mixed‑use Battery development and ongoing payments from the Atlanta Braves generated millions in new tax revenue, boosted property values and produced a net positive to the county general fund in 2024.
County staff reported to the Cobb County Board of Commissioners that the mixed‑use development known as The Battery and the Atlanta Braves’ ongoing contributions continued to generate multi‑million dollar benefits for local tax coffers in 2024.
County presenters said the project produced a net positive of about $3,000,000 for the county general fund in 2024 after accounting for the Braves’ annual payment, hotel and rental taxes, and property tax collections tied to the development. The presentation also listed a $6,100,000 annual payment from the Braves to the county; a hotel room fee charged inside a Cumberland special district; and a special service district millage levied on commercial property within the development’s footprint as revenue sources used to support annual debt service.
The county’s summary showed that the taxable value of the Battery area rose from roughly $5,000,000 across four parcels in 2014…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
