NEWS BRIEF: Buckhead City could run a surplus, study says
Buckhead — same as it ever was.
A feasibility study shows a proposed Buckhead City would likely be able to run a budget surplus, according to the Valdosta State University Center. The municipality could reap an annual revenue of approximately $203 million with about $90 million in expenses, creating a surplus of roughly $113 million, the report said. “We’ve been saying all along that taxes paid to the City of Atlanta have not generated a fair return for Buckhead in terms of city services,” said Bill White, CEO of the Buckhead City Committee in a press release. becnow.com The shortfall that might befall the city of Atlanta should Buckhead secede was not addressed.