Peachtree City Council reviews FY26 budget proposing $58M without reserves

In the heart of Peachtree City, under the warm glow of city hall lights, council members gathered on June 5, 2025, to discuss pressing issues that shape the community's future. Among the key topics was the local real estate market, revealing a surprising trend: even as residents sell their homes, many express a desire to remain in the city. This phenomenon raises questions about whether homeowners are downsizing or seeking new opportunities within the community.

The discussion transitioned to the city’s financial health, with a proposed budget for fiscal year 2026 set at $58.4 million. This budget reflects a commitment to maintaining service levels without tapping into reserves, a notable achievement given the rising costs of utilities and health insurance. Council members highlighted that property values in Peachtree City are significantly higher than both state and national averages, which could impact future tax revenues.

A significant portion of the budget is allocated to public safety, with plans to add three new firefighter positions and reclassify police roles to enhance operational efficiency. The council emphasized the importance of competitive salaries to attract and retain talent in a challenging labor market.

The meeting also addressed the stormwater utility fund, which is currently under review to ensure it meets the city's long-term financial needs. The council is conducting a cost of service study, as the fund has relied on reserves to cover operational costs, indicating a need for adjustments in user fees.

As the council members navigated through various budgetary concerns, they also discussed the amphitheater fund, which supports local events and concerts. This fund operates independently, generating revenue that is reinvested into facility improvements, showcasing the city’s commitment to enhancing community amenities.

In closing, the council reiterated the importance of maintaining a strong fund balance, which provides financial stability and flexibility for future projects. As Peachtree City continues to evolve, the discussions held during this meeting will undoubtedly influence the community's trajectory, ensuring it remains a desirable place to live and thrive.