Thursday, February 26, 2015

UGA's Carl Vinson Institute: Greenhaven Financially Feasible and Have $25 Mil Left Over After Expenditures

February 25, 2015

FOR IMMEDIATE RELEASE:

GREENHAVEN IS FISCALLY FEASIBLE

Decatur, GA.   The proposed city of Greenhaven GA has received the results of their feasibility study.
  According to the University of Georgia Carl Vinson Institute’s Principal Investigator on the study, Mr. Ted Baggett, “We have concluded that a city comprised of the study area undertaking to provide the municipal services identified by CCCSD would be fiscally feasible.”  In response to the question of whether the proposed city would generate enough revenue to meet its expenses, the report finds Greenhaven to have an excess of revenue.


Total Annual Expenses- $18,434,437
Total Annual Revenues- $45,611,418
Amount of Revenues Exceeding Expenses- $27,176,981 

The Concerned Citizens for Cityhood of South DeKalb (CCCSD) who have been spearheading the efforts to create Greenhaven expressed satisfaction with the report results.  “We consider the results of the report to be a validation of our belief that we have a viable area that can now begin to focus on economic development within its boundaries.” 

The report’s findings have come at an important time.  In a unique, innovative move, on Saturday, February 28th an open community meeting was held to inform the public about the charter, the guiding document that explains the structure and roles of the new proposed government. The charter will be part of the proposed bill introduced to the state legislature to approve the proposed city of Greenhaven.

The feasibility study results and the charter represent two major steps for the proposed city of Greenhaven.



Concerned Citizens for Cityhood of South DeKalb, Inc. (CCCSD)
Contact: Kathryn Rice, Ph.D.
Email: GreenhavenGA@gmail.com
770-322-3842 

- End of Release


2 comments:

  1. The tax shift of $27 million in revenues without the accompanying expenditures should be alarming. Offering minimal service levels while still taking all forms of revenue is a public policy failure. The General Assembly should hold any additional incorporation bill until it is able to correct the flaws associated with current law.

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  2. everyone else gets to vote. Why doesn't the citizens of South Dekalb? Why are the issues any different than the those previously on the North Side? Why is it that someone doesn't want this go to a vote. Makes you wonder huh?

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