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Georgia Academy for Economic Development

Today I graduated from the Georgia Academy for Economic Development.

I highly recommend anyone involved in economic development in the state of Georgia to attend. The program is provided by the Georgia Department of Community Affairs and has been educating economic development practitioners and community leaders since 1993.

With many of Georgia's economic developers and community leaders having graduated from the Academy, I would say their training was a contributing factor to Georgia being chosen as "The #1 State in the US for Business" by Site Selection Magazine. Educated economic developers and numerous Academy alumni helped make that happen.

Fresh from graduation, here are 5 takeaways I would like to share with you:
  1. What do "Property Taxes" tax? 
    1. Real Property- Any property that is attached directly to land, as well as the land itself.
    2. Personal Property- Any property that is movable and is not affixed to or associated with the land. For example, furniture, business equipment, collectibles, jewelry, etc.
    3. Motor Vehicles
  2. For most counties in Georgia, the largest source of revenue is property taxes. For most cities in Georgia, the largest source of revenue is enterprise operations (water, sewer, electricity providers).
  3. For most counties in Georgia, most expenditures are allocated to public safety (roughly 27%). For most Georgia cities, most expenditures are allocated to enterprise operations.
  4. Economic development is a process, not an event. The process requires long-term commitment and teamwork. 
  5. What is actually meant when economic developers and community leaders say "Quality of Life"? It's a combination of the following: Low Crime Rate, Healthcare Facilities, Housing Costs, Housing Availability, Ratings of Public Schools, Climate, Colleges & Universities, Cultural Opportunities, and Recreational Opportunities.
Thanks for Reading,



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GRAMMY nominated jazz vocalist Karrin Allyson was in the house.

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