Peachtree Corners council opens public hearings on FY25 amendment, proposes $21.1 million FY26 budget

Peachtree Corners city council members approved routine minutes and a consent agenda, then opened public hearings on an amended fiscal year 2025 operating budget and a proposed fiscal year 2026 operating budget that would budget $21.1 million and include capital projects funded through SPLOST and other sources.

The city’s finance staff presented the FY25 amendment and the FY26 proposed budget. “Good evening, and, thank you for allowing me to get up and present to you all the FY25 proposed budget amendment as well as our FY26 proposed budget,” said Corey, a city staff member, during the presentation. The council opened and then closed public hearings on both measures with no public comment; both budgets are scheduled for final consideration at the June 24 council meeting.

Why it matters: the budgets set operating priorities for the city government, allocate one-time and recurring revenues, and fund a multi-year capital improvement plan (CIP) that would pay for street resurfacing, sidewalk and trail segments, traffic improvements and Curiosity Lab campus work. The FY26 proposal also uses roughly $2 million of fund balance to finance one-time projects while keeping operating revenues and expenditures balanced under state law.

Key figures and changes - FY25 adopted budget (original): $19,900,000. The city projects FY25 actuals will increase by about $1,300,000 to $21,200,000 and presented an amendment to reflect that change. - FY26 proposed operating budget: $21,100,000. The staff noted state law requires a balanced budget and that the FY26 plan uses about $2,000,000 of fund balance for…