Published on June 25th, 2015 |0
Council passes $593 million city budget, adding $4 million for APS
APS officials claim the city owes the school system nearly $14 million in property taxes generated within the Atlanta Beltline project area stemming from a contract the two parties entered into in 2005. Lawyers representing the two sides have been working behind the scenes to try to resolve their differences.
During a special called meeting to approve the city operating budget, council members approved an amendment adding the $4 million payment to the fiscal 2016 city budget which goes into effect July1.
“This gives us a chance to get some good faith on the table … and get this behind us,” said Councilman Kwanza Hall, who sponsored the amendment on behalf of Mayor Kasim Reed.
“It is our responsibility to ensure this project moves forward,” council President Ceasar Mitchell added. “This will be helpful in advancing the conversation and moving us toward some resolution.”
After approving the amendment, council members passed the $593 million budget for fiscal year 2016 starting July 1. The spending plan continues the mayor’s emphasis on public safety, programs for Atlanta’s young people and economic development, including support for Invest Atlanta, the city’s economic development agency.