Sunday, March 09, 2008

South Fulton is still here!

The naysayers had South Fulton running scared if we didn't form a city or get annexed. We're still here. Is the financials as rosy as they should be - no. We're still here though.

We are facing an incredible downturn in the economy. It's nothing short of the perfect storm. The mortgage crisis is choking the housing market to a large extent. Homes at certain price points are still selling in South Fulton. Gas prices are on the rise again along with just about everything else. Spending has slowed.

This downturn comes at a bad time for us here in South Fulton. We were facing a bright future with the growth on the residential and commercial side to a point. Now we are all hoping for the best.

Will we get to keep the tax money we generate? We'll see.

The legislation that effects us all is the one that will increase the homestead exemption from $15,000 to $50,000 over a number of years. What advocates don't understand is that will have an impact of services county-wide. In particular, Senior Services, Arts and Libraries. If those are your sacred cows then get ready to lose them. You should let your legislator know the homestead exemption increase could be more trouble than its worth.

1 comment:

South Fulton Guy said...

Any word on where the "What Has Roger Bruce Produced" Scavenger Hunt will be?

It is sad when the state legislator from the 64th district runs robo calls with supporters talking about how he helped them with a high water bill or a MARTA bus belching fumes into someone's yard instead of his legislative record.

That's Clark Howard's job not a Georgia State Legislator, they are supposed to author and pass laws right?

Oh that's right not only does he have the distinction of not ever introducing a bill that got passed into law, when unincorporated South Fulton had the chance to gain $12 million plus in LOST tax revenue, Roger did not even bother to vote.

For this offense alone, voter who voter based on facts should send Roger "I did not produce" Bruce packing....