End of Suburbia

[scorpioatl]

My boss and I just had a meeting with the County Tax Assessor to discuss scenarios for the 2009 tax base valuation.  During this meeting the Assessor informed us that 50% of all commercial property in the county is in technical default-- meaning there is not enough revenue being generated from leases to pay notes and mortgages on the properties.

Comments

[mellowtigger]

Is this Fulton County?

[scorpioatl]

nope, one of it's neighbors to the north though.