Tax Allocation district follow-up - june 2026
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Tax Allocation District Follow-Up - June 2026
Released June 2026 Download full report here We undertook this follow-up audit to evaluate changes since our 2012 performance audit of the city’s tax allocation districts, which made five recommendations intended to improve accountability, oversight of district funds, and development strategies. The city and Invest Atlanta implemented our previous recommendations. However, because many of the redevelopment plan goals are subjective, assessing the extent to which goals have been achieved is still difficult. The city should update the plans to include specific, measurable goals with clear outcomes. Our current recommendations aim to improve transparency and strengthen accountability by aligning reporting to the refined redevelopment goals. |
We found:
- The previous recommendations have been implemented, and the city has required Invest Atlanta to undertake third-party assessments every three years to determine the status of each tax allocation district’s redevelopment goals.
- Except for the BeltLine, we found that Invest Atlanta has expanded its resources from catalytic projects to include community development through smaller grants offered in each district.
- As of June 2025, all but one of the remaining districts have enough funds to pay off existing debt and potentially close.