FY2020 budget Archives - South Fulton Observer

During a final budget hearing at City Hall held on September 18, the city of South Fulton adopted its FY2020 budget. The total budget of $105,912,402 covers operating revenues, expenditures and capital investments. The city is expected to collect $73,821,952 in general fund revenue. Also anticipated is over $17 million in TSPLOST funds. For the first time, the budget also includes loan funds through the city's new Urban Redevelopment Agency (URA) to tackle capital improvements. A sizable portion of the city’s expenditures, over 45 percent, will be allocated to public safety. The second highest spending category is public works, which comprises 16.8 percent of the budget. More than $11 million in capital investment is also planned, $4.7 million of which will go to parks and recreati...

The city of South Fulton will hold two public hearings on the proposed FY2020 budget. The first will take place on September 10 at 7:00 p.m. at the South Fulton Service Center (5600 Stonewall Tell Road). The second hearing and final adoption will take place on September 18 at 6:00 p.m. at City Hall (5440 Fulton Industrial Boulevard). The proposed budget is $105,912,402. The figure includes: General Fund: $73,821,952Hotel Mote: $240,000Solid Waste: $560,000Restricted Grants: $4,198,772Capital Investments: $9,499,348TSPLOST: $17,592,330 Any person wishing to be heard on the budget can do so at either of the hearings. The proposed budget is available on the city's website and in the clerk's office for the public to review prior to adoption.

Tag: FY2020 budget

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