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Council receives overview of Tax Allocation Districts; staff outlines balances and ongoing projects
Summary
Deputy City Manager Pam Hodge reviewed eight TADs in Muscogee County, balances and approved projects including Riverfront Place (WC Bradley) and Midland Commons; councilors asked for performance comparisons and valuation detail.
Deputy City Manager Pam Hodge presented a Tax Allocation District (TAD) overview and update to council, describing how TADs (a Georgia form of tax increment financing) work, the approval process, and current district balances.
Hodge said the city has eight active TAD districts — Second Avenue City Village, Uptown, Sixth Avenue/Liberty District, South Columbus River District, Midland Commons, Midtown East, Midtown West and Benning Technology Park — and she presented balances and project counts for each. She noted some districts were created…
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