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Kenney Dennard Publisher

Process of Appealing Home Property Value with Bibb County Tax Assessors Office Proves to be Complicated

by Amanda Smith

The Transportation Investment Act (TIA), to be voted on in the July 31, 2012 Primary, is the perfect opportunity for Black businesses to further change the perception of themselves from "wards of the city", and/or worse, enterprises that are a net drain on resources --- to economic contributors that are integral to community development.

The Black community can benefit from community improvements other than transportation over the life of this tax. Black businesses are†the ìforce multipliersî that can leverage these individual and collective opportunities into community development.

To describe this new position is simple--. Dr. Danny Boston, president of EuQuant, describes how Black businesses are economic assets and chief engines of Black community development: One of the most effective strategies for reducing Black unemployment is to support black-owned businesses. This is because two out of every three workers employed by those businesses are Black. In fact, Black businesses can achieve employment outcomes that economic growth policy cannot.

Black-owned businesses operate in neighborhoods that are 44% Black and 35% of them operate in high poverty areas. Using Metro Atlanta as an example, currently Black-owned businesses there employ more than 52,000 persons and stimulate the employment of an additional 166,000 persons.

Consequently, Black businesses can bring a community return on investment through job creation, taxes, benefits, etc. They are in fact, the employer of last resort for some in their communities because they hire people, for assorted reasons, with less than perfect credentials and support organizations that do not measure up to United Way standards.

Therefore, we all need to stop asking for and referring to contracts as a hand out to overcome past discrimination practices and form a partnership with both sides being recognized and valued. Let's lose itís the right thing to do and other references to the benevolence of social conscience. TIA needs to utilize Black businesses ìby design. Community leaders would be well-served to incorporate and utilize the Black business community in overcoming a number of the other issues related to improving transportation such as housing, good salaries, public safety, education, and community pride!

TIA will most likely recognize some type of plan to include minority contracting and employment training. If past practices hold true, they will enthusiastically accommodate funds for contracting and employment training. With these funds Black businesses can increase their involvement in and support for the economic improvement of their communities. As indicated earlier, such an economic partnership will allow these businesses to grow and hire more people. In effect, this partnership could ìprime-the-pumpî for a more sustainable Black community over time and for bringing benefit to the entire metro area.

Research has shown that every $1M spent with Black businesses creates 10 jobs with 6 going to Blacks. If, for example, 5% more were spent with Black businesses within the Atlanta region they would create approx. 24,000 jobs with 16,000 of the employees being Black. While the numbers may differ, the same illustration applies in your city and two thirds of the jobs created will involve Black people from your community. Also, Black people give proportionately more of their resources to charity than other groups, enriching Black non-profits, who also employ people while sharing their gifts and graces. These two efforts alone turn the dollar over more than once in the Black community and cause the stimulation of other economic activities. This data supports the economic theory that every dollar spent with Black businesses has greater potential for circulation within the Black community than those businesses which lie outside of it.

It should be obvious that a partnership with TIA can spur economic actions within the Black community that occur when the dollar circulates more than once. Such a prospect offers the potential for additional job creation ñ the very definition of community economic development!

Joseph R. Hudson, Chairman of the 19- year- old Hudson Strategic Group based in Atlanta, continues to contribute extensively to Minority Business Development and advocacy for community economic development in the state and nation. Contact him at jronhudson@gmail.com

Amanda Smith
Amanda Smith
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