City Passes FY 2005/2006 Budget

Published:  08-04-2005

In a very positive step forward in the planning for Flowery Branch’s growth, the City Council approved the FY 2005/2006 Operating and Capital Budgets. The budgets, prepared by City Management with enormous assistance from senior staff, won praise from the City’s accountant as the best budget I’ve ever seen in Flowery Branch. The budget, which comes in at approximately $6 million, provides for the improvement of water/sewer infrastructure, the implementation of a competitive salary increase, the purchase of badly needed capital equipment, and much more.

The budget lays the groundwork for the incredible 500% estimated growth in Flowery Branch between 2000-2010; however, it does so with only a .99 increase in the millage rate and no increase in the water/sewer discretionary rates. The budget also accomplishes all of this on a pay as you go method, meaning that the City will not go into debt to finance any of the improvements, but will instead pay for them from cash on hand. The City will continue investing for the future to keep borrowing in the future to a minimum.