Georgia Trend Daily- Sept. 26, 2022
Sept. 26, 2022 Fox 5 Atlanta
Huge surplus leaves Georgia with $6.6B in cash to spend
Jeff Amy reports that Georgia ran a surplus of more than $6 billion in the budget year that ended June 30, meaning the state’s next governor and lawmakers could spend or give back billions. The State Accounting Office, in a Friday report, said Georgia ran a $6.37 billion surplus even after spending $28.6 billion in state taxes and fees in the 2022 budget year. Total state general fund receipts rose a whopping 22%.
Sept. 26, 2022 Georgia Trend – Exclusive!
Protecting the Land
Kenna Simmons reports that agriculture is Georgia’s No. 1 industry. But farmlands are under pressure from development. Fortunately, today’s farmers can take advantage of innovative programs that use tax credits or payments to make sure their land remains agricultural in the future.
Sept. 26, 2022 Atlanta Journal-Constitution
World Cup sets deadline for developers to bring new life downtown
J.D. Capelouto and Zachary Hansen report that Atlanta’s naming as a 2026 World Cup host city has not only put another marquee tournament on the calendar, it’s also put developers of several skyline-defining projects on the clock to deliver their visions ahead of the planet’s biggest sporting event.
Sept. 26, 2022 The Center Square
Atlanta’s airport to receive $18.4M federal grant to reconstruct aging taxiways
T.A. DeFeo reports that the feds are sending millions more to Hartsfield-Jackson Atlanta International Airport. The U.S. Department of Transportation has awarded a more than $18.4 million grant to reconstruct taxiways at the world’s busiest airport.
Sept. 26, 2022 Saporta Report
Achieve Atlanta receives $8 million gift from MacKenzie Scott
Maria Saporta reports that philanthropist MacKenzie Scott is investing $8 million to support Achieve Atlanta’s efforts to help Atlanta Public School students access post-secondary education. Tina Fernandez, executive director of Achieve Atlanta, said the gift came out of the blue.
Sept. 26, 2022 GlobalAtlanta.com
Key Atlanta-Germany Flights Set to Resume in Spring
Trevor Williams reports that Delta Air Lines nonstop flights from Atlanta to the German cities of Düsseldorf and Stuttgart are returning next spring, a victory for companies that have advocated for links to key regions of Europe’s largest economy. With the onset of the pandemic in March 2020, Delta halted flights to Stuttgart, the automotive heartland that has become intertwined with Atlanta in recent years as German car giants and suppliers have deepened their roots here.
Sept. 26, 2022 Savannah Morning News
Chicago real estate firm breaks ground on over 500,000 square foot unit near Hyundai plant
Latrice Williams reports that Dayton Street Partners, a Chicago based real estate firm, announced it will break ground on a 548,000 square foot unit on Highway 280 in Ellabell. DSP I-16 Logistics Center will be located one mile from the Hyundai plant, which is set to open in 2025.
Sept. 26, 2022 Rome News-Tribune
Work begins on nearly 450,000-square-foot industrial campus in Adairsville
John Druckenmiller reports that the red hot development zone off Interstate 75 between Adairsville and Calhoun is growing again. Seefried Properties, which specializes in the development, leasing and management of industrial properties, has started work on a 447,753-square-foot campus on 36 acres off Trimble Hollow Road in Adairsville.
Sept. 26, 2022 The Brunswick News
New Hope Plantation filming studio dedicating marshland to conservation
Taylor Cooper reports that College of Coastal Georgia stands to benefit from the conservation of around 4,000 acres of marshland in north Glynn County, but the question remains about how to use it. “We’re not exactly sure yet,” said CCGA Provost Johnny Evans, meeting other members of the university’s leadership, property owner Fred Barber and New Hope Studio.
Sept. 26, 2022 Georgia Recorder
Georgia Power rate hike plan gets days in the sun as utility plans to hand customers the tab
Stanley Dunlap reports that Georgia Power’s proposal for a $200 increase to the average household’s yearly electricity costs is set to kick into high gear with a series of public airings before state regulators beginning on Tuesday. Over the next few months, corporate lawyers, consumer watchdogs and government officials, will get their say in a rate case that will determine how much the state’s largest utility provider charges its 2.7 million consumers over the next three years.
Sept. 26, 2022 Capitol Beat News
Raffensperger moves to end distraction of Coffee County elections flap
Dave Williams reports that Georgia Secretary of State Brad Raffensperger has stepped into the controversy over unauthorized access to election machines in Coffee County by allies of then-President Donald Trump’s in efforts to overturn the 2020 presidential election results. Raffensperger announced Friday that his office is replacing the election equipment in Coffee County to dispel any questioning of the accuracy of this year’s election outcomes.
Sept. 26, 2022 Atlanta Journal-Constitution
Pence to raise cash for key Georgia Republicans in October
Greg Bluestein reports that former Vice President Mike Pence will return to Georgia next month for a pair of fundraisers to boost GOP candidates, marking his first return to the state since a May rally with Gov. Brian Kemp that punctuated a deepening divide with Donald Trump.
