Stakeholders are considering the implementation of a Community Improvement District along the Atlanta Beltline to help pay for ongoing maintenance and other improvements to the ongoing project of building this singular public facility.
"Atlanta Beltline Inc. is exploring whether self-taxing districts along its trails and future transit loop might be used to help pay for maintenance, public safety efforts and other enhancements," reports J. Scott Trubey.
"Under such districts, commercial property and apartment building owners along the Beltline would tax themselves, with the added levy used to fund specific projects. The added tax would not be levied on residential properties."
The article includes more details about how the new community improvement and special services districts would potentially work and how a community improvement district would differ from the existing Beltline Tax Allocation District.
FULL STORY: Beltline weighs ‘self-tax’ district to boost funds
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