The Peachtree City Town Hall meeting held on December 17, 2024, focused on critical discussions surrounding the city budget, particularly in relation to public safety funding.

The meeting began with an overview of the city's financial structure, emphasizing the reliance on property taxes to fund public safety services, specifically police and fire departments. It was noted that property tax revenue, amounting to approximately $24 million, primarily supports these essential services. However, officials highlighted that this amount does not fully cover the operational costs of both departments, indicating a financial shortfall.

Further discussions clarified the role of Local Option Sales Tax (LOST) in the city's budget. The LOST revenue, reported at $12 million, is crucial for the overall operating budget but is restricted in its use. This distinction is important as it underscores the challenges the city faces in balancing its budget while ensuring adequate funding for public safety.

Concerns were raised about proposals to reduce property tax revenue, with officials warning that such cuts could lead to diminished public safety services. The implications of reduced funding could result in lower insurance ratings for residents and increased costs for homeowners, as public safety services are directly linked to property insurance rates.

The meeting concluded with a call for careful consideration of budgetary decisions, particularly those affecting public safety, as the city navigates its financial landscape. The discussions highlighted the need for transparency and community engagement in budgetary matters, ensuring that residents are informed about the potential impacts of financial decisions on their safety and well-being.