DeKalb staff report $34.4 million in TAD funds; warn awards could oversubscribe available county-held money
May 26, 2026 | DeKalb County, Georgia
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Decide to Cab presented Q1 2026 tax-allocation-district (TAD) financials to DeKalb’s PEX committee, reporting a total TAD fund balance of $34.4 million across five districts and noting that outstanding awards and pending requests could require adjustments to avoid oversubscription of county-held funds.
Tiffany Wills, vice president of redevelopment and strategic initiatives, told commissioners the county-held portion of TAD funds is just under $8.1 million. She said year-to-date increment generation is low in the first half of the year — about $288,000 — with $72,000 in interest and $50,000 in expenses, leaving net income around $310,000 for the period.
Wills said the authority has made prior awards totaling $77.2 million and currently estimates outstanding awards of roughly $75.8 million, with formal pending applications under review totaling about $18.8 million across the five TADs. "If we were to award the full amount that is being requested for all of the pending applications, we obviously would be oversubscribed between our funds and DeKalb County's held funds," she said, adding that staff will adjust awards to avoid oversubscription.
Wills described a March award in the Brier Cliff North/Druid Hills TAD for South Peachtree Creek Trails (segments 3 and 5): total project cost $2.6 million with an initial TAD award of $915,000 to cover soft costs, acquisitions and easements. She said staff expects to return to the board with a hard-cost/construction funding request once the soft-cost work is complete, currently anticipated around 2028.
Wills also summarized pending application totals by TAD: Aendale (approximately $4.7 million), Briercliffe ($7.4 million), Kensington ($2.6 million), Market Square ($55,000) and Southwest ($3.6 million). She said pay-as-you-go awards and TAD bonds are available only in TADs with longer remaining terms (Briercliffe, Market Square, Southwest), because Aendale and Kensington are scheduled to expire in 2029.
The presentation included plans to publish a TAD dashboard and interactive GIS map within 60–90 days showing historical increment and award locations. Wills confirmed ongoing work with the county's Office of Management and Budget to transfer county-held TAD funds into Decide to Cab accounts to consolidate balances.
Commissioners asked for clarification on timing for fund merges and Market Square project milestones; Wills said the first Market Square phase is targeted to open in spring–summer 2027, and that pay-as-you-go increment will grow as tenants and businesses open.
Tiffany Wills, vice president of redevelopment and strategic initiatives, told commissioners the county-held portion of TAD funds is just under $8.1 million. She said year-to-date increment generation is low in the first half of the year — about $288,000 — with $72,000 in interest and $50,000 in expenses, leaving net income around $310,000 for the period.
Wills said the authority has made prior awards totaling $77.2 million and currently estimates outstanding awards of roughly $75.8 million, with formal pending applications under review totaling about $18.8 million across the five TADs. "If we were to award the full amount that is being requested for all of the pending applications, we obviously would be oversubscribed between our funds and DeKalb County's held funds," she said, adding that staff will adjust awards to avoid oversubscription.
Wills described a March award in the Brier Cliff North/Druid Hills TAD for South Peachtree Creek Trails (segments 3 and 5): total project cost $2.6 million with an initial TAD award of $915,000 to cover soft costs, acquisitions and easements. She said staff expects to return to the board with a hard-cost/construction funding request once the soft-cost work is complete, currently anticipated around 2028.
Wills also summarized pending application totals by TAD: Aendale (approximately $4.7 million), Briercliffe ($7.4 million), Kensington ($2.6 million), Market Square ($55,000) and Southwest ($3.6 million). She said pay-as-you-go awards and TAD bonds are available only in TADs with longer remaining terms (Briercliffe, Market Square, Southwest), because Aendale and Kensington are scheduled to expire in 2029.
The presentation included plans to publish a TAD dashboard and interactive GIS map within 60–90 days showing historical increment and award locations. Wills confirmed ongoing work with the county's Office of Management and Budget to transfer county-held TAD funds into Decide to Cab accounts to consolidate balances.
Commissioners asked for clarification on timing for fund merges and Market Square project milestones; Wills said the first Market Square phase is targeted to open in spring–summer 2027, and that pay-as-you-go increment will grow as tenants and businesses open.
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