The proposed city of Brookhaven would start on shaky financial ground, according to an analysis by the DeKalb County government released June 19.
The proposed city’s deficit would be $360,554, according to an analysis performed at the direction of DeKalb CEO Burrell Ellis.
A 2010 study by the University of Georgia’s Carl Vinson Institute of Government showed a $135,000 surplus for the proposed city.
“At the point that the Carl Vinson Institute study was reported, you didn’t know what the tax digest was going to be,” said Commissioner Lee May, chairman of the board’s finance committee. “It’s going to be different because the tax digest assumptions are different now.”
May said he believes the county report more accurately reflects the finances the proposed new city would be dealing with.
Voters within in the boundaries of the proposed city of Brookhaven will have to decide which analysis
Article source: http://www.championnewspaper.com/news/articles/1845county-questions-finances-of-proposed-brookhaven-1845.html
Leave a reply to County questions finances of proposed Brookhaven