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Atlanta projects property‑tax growth and modest FIFA windfall while cautioning on economic risks
Summary
Finance staff told council that property tax will remain the largest revenue source for the FY26 proposal (about 40% of core revenues), cited a conservative $4.1 million FIFA-related boost, and warned that tariffs, national recession risk and tourism declines could constrain collections.
Lawrence Davis Jr., revenue chief for the City of Atlanta, told the council that four core revenue categories — property tax, local option sales tax, public utilities/beer & wine/other taxes, and licenses and permits — account for roughly 85% of the FY26 proposed budget. “Starting with our largest revenue contributor to the proposed FY 26 budget at 40% is property tax,” Davis said.
City staff said taxable assessed values…
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