Current: 51 °
High: 83
Low: 51
Wind: 3 MPH
Pressure: 29.95
Humidity: 96%
Warner Robins
Current: 55 °
High: 84
Low: 54
Wind: 0 MPH
Pressure: 29.94
Humidity: 92%
Current: 54 °
Wind: 0 MPH
Pressure: 29.96
Humidity: 94%
Customize your weather results

Albany using $30 million to attract businesses

  • Print


Updated: Fri, 29 Nov 2013 07:18:38 EST

ALBANY, Ga. (AP) — Albany Mayor Dorothy Hubbard says she hopes the city's $30 million corporate recruitment fund will translate to thousands of job in the south Georgia city.

According to the Georgia Department of Labor, Albany has an 8.8 percent unemployment rate and a $30,000 median household income. The unemployment rate is higher than the state average, while the household income is lower than the state average of more than $49,700.

The Atlanta Journal-Constitution ( ) reports that unlike some municipalities, Albany isn't using tax revenue to fund its corporate incentive program. Instead, the money is being drawn from a $90 million rebate the city was given from the Municipal Electric Authority of Georgia.

Customers of the city's government-owned utility paid extra to prepare for anticipated effects of deregulation that never happened.


Information from: The Atlanta Journal-Constitution,

What's on WGXA

What's On Now

1:30 AM - Judge Alex

What's On Next

2:00 AM - Judge Alex


8:00 PM Hell's Kitchen

9:00 PM American Idol

9:30 PM Surviving Jack

10:00 PM WGXA News @ 10pm

What's On Now

1:07 AM - It's Always Sunny in Philadelphia

What's On Next

1:37 AM - It's Always Sunny in Philadelphia


8:00 PM Jimmy Kimmel Live: Behind the Scandalabra

9:00 PM Grey's Anatomy

10:00 PM Black Box