Issue Sheet
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City of Smyrna Issue Sheet File Number: ATH2025-152 A Max Bacon City Hall 2800 King Street Smyrna, GA 30080 Agenda Date: 10/6/2025 In Control: City Council File Type: Authorization Agenda Section: Formal Business Department: Finance Agenda Title: Authorization to amend the FY 2026 Adopted General Fund Budget to increase the Economic Development departmental budget in the amount of $174,000.00 to cover City-wide signage updates and amend the Adopted 2022 SPLOST Fund project length budgets to increase the Traffic Calming project expenditure budget in the amount of $424,400.00 and increase the State Government Grant revenue project length budget by $424,400.00. Citywide ISSUE AND BACKGROUND: City wide signage updates was a line item in the FY 2025 Adopted Budget and was anticipated to be awarded in FY 2025. This project was not awarded until August 2025, and the FY 2026 Adopted General Fund Budget did not include funding in the Economic Development budget. We need to increase the departmental budget to cover the expense that was approved. It will be a one-signed amendment which means it will be covered by General Fund Fund Balance. The City also received the LMIG Safety Grant from the State in the amount of $424.400.00 that was not included the Adopted Project Length budget in the 2022 SPLOST fund. These grant proceeds are used for traffic calming. We need to increase that project budget and also the revenue budget to account for this grant receipt. RECOMMENDATION / REQUESTED ACTION: Staff recommends authorization to amend the FY 2026 Adopted General Fund Budget to increase the Economic Development departmental budget in the amount of $174,000.00 to cover City-wide signage updates and amend the Adopted 2022 SPLOST Fund project length budgets to increase the Traffic Calming project expenditure budget in the amount of $424,400.00 and increase the State Government Grant revenue project length budget by $424,400.00.