With a 5-0 vote, the Sandy Springs City Council approved its fiscal 2015 budget totaling $199.99 million at its meeting at City Hall Tuesday. District 6 Councilman Andy Bauman was absent. The new fiscal year begins July 1, and the budget had to be approved by June 30.
“The FY 2015 budget provides for the same millage rate as last year — 4.731 mills — and maintains adequate reserves in the fund balance to ensure sound fiscal integrity of the city in addition to meeting the criteria of credit rating agencies,” said City Manager John McDonough. “This is a balanced budget … prepared based on your established priorities.”
Almost $13.5 million has been earmarked for general government services contracts — an overall 2 percent increase from last year — in the new budget. Another $95.7 million will be allocated for the city’s capital projects fund, including monies authorized for continued stormwater infrastructure improvements ($1.75 million) and pavement management ($2.5 million).
In all, $13.5 million will go toward continued funding for city center Phase 1 priority projects.
The council opted to take the next step in that downtown makeover campaign with its 5-0 approval of Carter/Selig Enterprises as master developer of Phase 1.
The Midtown-based firm — among four finalists for the assignment — will now enter into a 90-day confirmation period with the city to outline project programming requirements.
“This is the most important project this city has undertaken in its young history,” Mayor Rusty Paul said. “At this point, [Carter/Selig’s selection] is kind of the last of the technical pieces. From this point on, decisions that will be made need to be fully vetted in the public … now we will begin re-engaging [them] in an active way.”
In other business, the council also approved 5-0 a pair of rezoning requests. That includes an application filed by Corporate Campus LLC for a mixed-use district — a commercial, office and residential development — at Hammond Drive and Peachtree Dunwoody Road.