Last week, the Glynn County Board of Education voted 6-1 to join the proposed Tax Allocation District of the City of Brunswick, GA. This TAD aims to spur private development by increasing the City's infrastructure investment and freezing property taxes within the district at current levels for 10-25 years. Consensus for the TAD has been building for years and the Board of Education is the latest organization to show support. “We’ve got to do something to the city of Brunswick and I think we need to move forward with it," said school board member, Millard Allen. "I know the long-term scares a lot of people, but that’s kind of the way it works.”
The Glynn County Commission has not yet voted to agree to the TAD either, but has voiced support for the initiative. Although the details are not yet concrete, all of us at Bleakly Advisory Group would like to congratulate the City of Brunswick on this milestone towards formation of their first TAD and share our support for this district.
Read more about the City of Brunswick TAD via The Brunswick News.