Roswell’s City Council approved the city's fiscal year 2015 budget during its June 24 meeting.
The budget goes into effect on July 1.
The $112.1 million budget "represents the city’s commitment to providing the highest level of services in a fiscally responsible manner," the city said in a news release.
Roswell’s property tax rate will remain unchanged at 5.455 mills. The city, which has one of the lowest property tax rates in the metro area, has not raised its rate in more than 10 years. Highlights of the budget include:
- $27 million (24 percent of the budget) for public safety.
- $10 million in capital investment added to the city’s current approved capital program of $70 million.
- $16.3 million for Recreation and Parks.
- A balanced budget with revenues exceeding expenditures.
Roswell's conservative financial policies and best management practices have allowed it to weather the economic instability of the recent past. Today, the city continues to be financially solid and prepared to deliver the excellent services our residents and businesses have come to expect.
For more detailed information about the city of Roswell’s fiscal year 2015 budget, visit www.roswellgov.com.