Peachtree City approves $38.5m budget

After a series of required public hearings, the City Council of Peachtree City unanimously approved a $38.5 million general fund budget for FY2021 at its Aug. 6 meeting. Financial Services Director Paul Salvatore said no changes had been made to the plan since the initial hearings. The new budget reflects an estimated $37 million of revenue and the planned use of $1 million in cash reserves. Public safety represents $16 million of the city’s annual expenses, followed by $7.2 million related to public works.

However, City Manager Jon Rorie said the “very conservative budget” reflects an expected 3 percent shortfall in property tax revenue and a likely drop in both sales tax and hotel/motel tax revenue due to economic circumstances related to the coronavirus. Rorie said the city has made expense cuts, including personnel, to reduce costs.