Politics & Government
Roswell Approves First Reading of FY 2015 Budget
The proposed $110.3 million budget is based upon the city holding its millage rate at 5.455 mills.
The Roswell City Council on Monday approved the first reading of its proposed fiscal year 2015 budget during its meeting.
The $110.3 million budget is based upon the city holding its millage rate at 5.455 mills. If the rate remains unchanged, a homeowner whose home is valued around $258,000 would pay about $562.96 in property taxes.
The proposed budget will add $2.9 million in one-time capital investments and $9.5 million to its current $70 million capital improvement program, which maintains and enhances the city's roads, sidewalks, facilities and key infrastructure.
It also includes:
- adding six new employees (three in the Community Development, one in our Human Resources and a special events manager;
- Over $1 million is being added to employee salaries and benefits;
- an additional $40,000 in support for Roswell Inc. (formerly Roswell Business Alliance), making the city's total support at $480,000. Roswell Inc. is the economic development arm for Roswell.
- $500,000 included to fund the phased replacement of all public safety portable radios.
- Over $1 million to advance key transportation projects, including the Historic Gateway and Sun Valley Extension projects; $500,000 is included to enhance sidewalk connectivity and pedestrian safety
The entire budget can be viewed on the city's website. A millage rate public hearing will be held on June 16.
A second reading on both the budget and the rate will be held on June 23, and the council could adopt both the budget and the millage rate on that day.
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