http://www.decaturmetro.com/2012/05/21/decaturs-property-digest-grew-by-more-than-24-million/ Decatur Georgia News, Events, Atlanta News Mon, 15 Sep 2014 01:05:18 +0000 hourly 1 http://wordpress.org/?v=4.0 http://www.decaturmetro.com/2012/05/21/decaturs-property-digest-grew-by-more-than-24-million/#comment-222134 Wed, 23 May 2012 00:36:57 +0000 http://www.decaturmetro.com/?p=23368#comment-222134 She explained it at the meeting. I believe it had to do with reallocating that .1 capital improvements back to debt service now that the Decatur vs. DeKalb HOST ruling had been decided.

]]> http://www.decaturmetro.com/2012/05/21/decaturs-property-digest-grew-by-more-than-24-million/#comment-222100 Tue, 22 May 2012 23:06:46 +0000 http://www.decaturmetro.com/?p=23368#comment-222100 That could be that case, and if so, it’s a smart move. Interest paid on debt to someone else brings no benefit to Decatur.

]]> http://www.decaturmetro.com/2012/05/21/decaturs-property-digest-grew-by-more-than-24-million/#comment-222092 Tue, 22 May 2012 22:48:07 +0000 http://www.decaturmetro.com/?p=23368#comment-222092 Hmmm. I just assumed it was leveraging new revenue to pay down debt faster. Is that not the case?

]]> http://www.decaturmetro.com/2012/05/21/decaturs-property-digest-grew-by-more-than-24-million/#comment-222082 Tue, 22 May 2012 22:25:43 +0000 http://www.decaturmetro.com/?p=23368#comment-222082 Anyone know why the Manager is recommending an increase in debt service by about 7.5% ?

]]> http://www.decaturmetro.com/2012/05/21/decaturs-property-digest-grew-by-more-than-24-million/#comment-221491 Mon, 21 May 2012 19:15:34 +0000 http://www.decaturmetro.com/?p=23368#comment-221491 I imagine “New Value” is both new construction and increase in value when a new structure replaces and old one.
As for any surplus, it would be directed to the reserve “rainy day” fund that each municipality is required to maintain.

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