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What is Cumberland Community Improvement District mean?
The Cumberland Community Improvement District (CID) is a self-taxing district covering 6.5 square miles (17 km2) in southern Cobb County, Georgia that includes the intersections of I-75, I-285 and U.S. Highway 41. The Cumberland CID, Georgia’s first CID, was formed by business leaders interested in improving access to the highways for Atlanta’s emerging northwest market, known as Cumberland.
Commercial property owners within the Cumberland area fund the Cumberland CID by paying an additional five mils of property taxes. Cobb County collects the taxes and distributes those funds to the CID, which in turn provides funding to start the necessary planning process for roads, streetscapes, trails and other infrastructure improvements, while federal, state and county dollars pay for the bulk of project construction.
referencePosted on 27 Nov 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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