City Of Roswell: City Council Approves FY 2022 Budget

Press release from the City of Roswell:

05/28/2021

Roswell's City Council approved the City's Fiscal Year (FY) 2022 Budget at the May 24 Mayor and Council meeting. The FY2022 Budget goes into effect July 1, 2021.

The $150,086,435 budget represents the City’s commitment to providing the highest level of services in a fiscally responsible manner. Highlights of the budget include:

• A balanced budget, with revenues exceeding expenditures
• Maintenance of a General Fund Reserve of 25% or $19.9 million
• Average 3% merit-based compensation increase for City employees
• $33.6 million (41% of the budget) for public safety (Fire and Police)
• $4 million in maintenance and one-time capital investment
• $14.8 million for Recreation and Parks
• $400,000 for water line replacements
• $900,000 for stormwater maintenance projects

The City's conservative financial policies and best management practices have allowed it to successfully weather economic challenges posed by the COVID-19 pandemic. 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 FY 2022 Budget, visit www.roswellgov.com/budget.

This press release was produced by the City of Roswell. The views expressed here are the author’s own.