FEASIBILITY STUDY FINDS CITY OF TUCKER VIABLE

City of Tucker will be ‘financially feasible, completely viable, and absolutely sustainable’

More than 100 residents of the Tucker community gathered Saturday on Main Street to hear the historic news that the proposed City of Tucker is financially feasible, completely viable, and absolutely sustainable.

Leaders of Tucker 2014 presented the community with the findings of a Feasibility Study conducted by the prestigious Andrew Young School of Policy Studies at Georgia State University. The Study findings not only confirmed what local residents and businesses have long known, it also exceeded expectations about the viability of local control under a city structure.

    Highlights of the study include:·
  • Annual revenue of approximately $16.6 million and annual expenses of approximately $13.3 million·
  • A surplus of approximately $3.3 million·
  • No property tax increase·
  • A balanced mix of residential, commercial, industrial, institutional, and public properties ensuring an equitable tax base·
  • An estimated ratio of approximately 7,000 citizens per city council member; 93% decrease in the current 100,000 plus citizens per County Commissioner

Tucker 2014 President Sonja Szubski said it was notable that residents of the Tucker community gathered on Main Street for the announcement just as they have for many events in Tucker’s 120-year history. She said Tucker citizens have factors in their favor that do not exist in other cityhood efforts.

“Tucker has dozens of active civic and citizen groups already fully engaged in the services being proposed initially for the City,” said Szubski. “This means that Tucker can hit the ground running from day one with local expertise that allows the city to standup on a solid foundation. As the City moves forward, the community can determine if there are additional services to be added such as public works and public safety that make sense both fiscally and effectively.”

Frank Auman of Tucker 2014 added that rather than over-promise, the City of Tucker will be fiscally conservative with a healthy reserve in the bank to protect citizens from unnecessary tax increases brought on any by unforeseen challenges as the City moves forward.

“The City of Tucker will also focus on economic prosperity and attracting quality local investments to further enhance our financial stability,” Auman said.

The Tucker community has a long history of working well with the County, and Tucker 2014 leaders said that relationship is critical given that the City of Tucker will remain within DeKalb County.