Atlanta mayor says city budget could shrink $20M without tax rate increase
Atlanta's upcoming budget will not include a property tax rate increase or layoffs and will put a high priority on demolishing run-down properties, Mayor Kasim Reed said. The city's budget for the 2013 fiscal year, which begins July 1, may shrink to $530 million, Reed told a crowd of several hundred at a town hall meeting at Cascade United Methodist Church Tuesday night.
