Sale of Atlanta International School in doubt
Atlanta’s school system is reconsidering whether to sell Buckhead property to Atlanta International School that the private school currently leases.
Atlanta Public Schools’ tentative budget includes $6 million in anticipated revenue from the property sale, but Board of Education Chairman Reuben McDaniel said Tuesday that the sale is complicated by high property values in the area and potential future needs of the school system.
McDaniel said he believes the school district can sell at least $2.7 million in other property over the next year. If too few properties are sold, the school system would have to further dip into its shrinking reserve funds.
About the Author
Mark Niesse is an enterprise reporter and covers elections and Georgia government for The Atlanta Journal-Constitution and is considered an expert on elections and voting. Before joining the AJC, he worked for The Associated Press in Atlanta, Honolulu and Montgomery, Alabama. He also reported for The Daily Report and The Santiago Times in Chile.
