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The Development Authority approved its FY2026 budget by a 7-0 vote. Members also reviewed a Buford Highway redevelopment strategy, including how tax allocation districts could support redevelopment and small businesses.
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The approved budget sets the Development Authority’s planned finances for fiscal year 2026, though the minutes do not provide the budget’s dollar amounts. The redevelopment presentation discussed tax allocation districts, which use future property-tax growth within a designated area to help fund redevelopment projects. No vote on creating or expanding a tax allocation district was recorded.
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