Cobb commissioners tout a consultant’s rosy economic forecast—and downplay costs to the county.
If the new Atlanta Braves stadium becomes the economic engine that boosters predict, it would be as likely as seeing Julio Teheran throw a perfect game. Economists say they know of no major league ballparks that justify their public subsidies. “Study after study after study agrees with this finding,” said sports economist J.C. Bradbury of Kennesaw State University. “People don’t even study it any more, it’s so non-controversial.”Read more
Details on a proposed 2,552-acre special tax district
The Braves’ new neighbors in Cobb County may be in for sticker shock. A proposed tax district planned to help subsidize stadium construction would comprise more than double the taxable property in the existing Cumberland tax district.Read more