Sandy Springs has approved a fiscal 2018 budget with a $106 million balanced general fund and no change to the millage rate. AJC FILE

Sandy Springs OKs FY2018 budget

The Sandy Springs City Council has voted unanimously to approve its fiscal 2018 budget, with a balanced general fund totaling $106 million and the budgets for all operating, capital and special revenues totaling $426.5 million.

Mayor Rusty Paul said in a prepared statement that the budget is based on the city’s established planning priorities “and continues the conservative fiscal principles which earned us a triple A rating from rating agencies … the highest possible rating the first time we were assessed.”

City officials have said the budget maintains adequate reserves, ensures a high level of public safety services, and provides capital funding to address a backlog of infrastructure projects.

Sandy Springs has no plans to change its 4.731 millage rate, officials said. Under the city’s charter, the rate cannot be increased without a referendum. The city also has a cap on tax increases of 3 percent or the consumer price increase, whichever is less.

Information: http://spr.gs/fy18budget

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