Roswell City Council Approves $150M 2022 Budget

Roswell GA

01 June, 2021

4:36 PM

Description

ROSWELL, GA — Roswell's City Council approved the city's $150 million budget for 2022, with a merit-based compensation increase for city employees. The budget was approved at the May 24 mayor and council meeting, and the budget goes into effect July 1. Highlights of the $150,086,435 budget include: A balanced budget, with revenues exceeding expenditures Maintenance of a general fund reserve of 25 percent or $19.9 million Average 3 percent merit-based compensation increase for city employees $33.6 million (41 percent 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 said in a news release. "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 budget, visit online.