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Johns Creek council backs $200 million growth assumption for FY2025 budget

Johns Creek City Council · August 19, 2024
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Summary

Councilors agreed to use a $200 million tax-digest growth assumption for FY2025 revenue projections after staff said the figure reflected a five‑year trend; several members pressed for clearer distinctions between reassessments and new growth.

Council members at a Johns Creek work session on Aug. 19 directed staff to move forward with a $200,000,000 tax-digest growth assumption to balance the FY2025 budget. "I think that there's a consensus majority for 200," the mayor said, signaling enough support to adopt the higher-growth forecast for the next step in budget preparation.

The $200 million figure presented by Director Campbell includes both reassessments and new growth; staff said it was based on a five‑year historical trend. Several councilors urged caution, saying the $70,000,000 option—counting only new growth—would be more conservative and avoid creating a later shortfall tied to reassessments. Director Campbell told the council the alternative assumptions produce materially different available funds for one-time allocations and capital projects and that staff would use the chosen assumption when preparing the balanced budget for the Sept. 9 adoption hearing.