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FY2024 adopted budget book — official finance index

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• Overtime across all funds and departments is budgeted at $784K, an increase of $210K over the FY 
2023 Revised Budget.  
 
Capital Projects 
 
• The CIP Committee recommends 15 capital projects totaling $2.1M in the General Fund CIP. Projects 
totaling $2.1M were eliminated or moved out of FY 2024. One project is recommended for $168K in 
the E-911 CIP. While the General Fund and E-911 CIPs are usually funded fully through a transfer-out 
from the General Fund, it is recommended that $1,483,000 of FY 2024 projects be funded from the 
American Rescue Plan Act (ARPA) Fund and the remaining $800K be funded from a transfer-out from 
the General Fund.  
  
• The Water/Sewer CIP includes $4.1M for new equipment and various infrastructure projects.  
 
• The Storm Water CIP includes $1.5M for various infrastructure projects.   
 
• The Vehicle Replacement Fund includes planned expenditures of just over $1.56M. This includes six 
scheduled replacements and three early replacements. By budgeting the 30-year average annual 
contribution, the City is also able to fund $150K for emergency replacements and send an anticipated 
$11K to reserves for future years.  
 
• Although revenues collection for the 2016 SPLOST ended in 2021, expenditures are still planned for 
the rest of FY 2023 and potentially into FY 2024. The bulk of expenditures will focus on completing 
aspects of the Windy Hill Road project. Total revenue collections are sufficient to cover expenditures 
needed to complete projects. 
 
• Revenues for the 2022 SPLOST anticipate the collection of $12.8M, with $8.8M projected from sales 
tax disbursements. $21.6M of expenditures are planned for 2022 SPLOST during FY 2024. The largest 
expenditure planned for FY 2024 is allocated for the Aquatics, Gymnastics, and Family Learning Library 
project, while funds are allocated for several other projects including downtown and South Cobb 
Drive improvements, a pedestrian bridge on Cobb Parkway, Windy Hill Parkway improvements, 
conversion of sports lighting to LED lights, facility improvements, resurfacing, and other miscellaneous 
projects.   
 
Other Highlights 
 
 
• A $200K line item is included in the Economic Development budget for a city branding update. The 
update will hire consultants to analyze the City’s current brand and create and updated toolkit for 
managing and communicating the City’s identity and messaging consistently across all departments 
and communication channels.  
 
• Economic Development is also budgeting $245K to replace signage across the City. The update will 
provide consistency and improvements for signage on monuments.  
 
• The Parks Administration division has budgeted $75K of matching funds for a sponsorship of public art 
along Atlanta Road, along with a new $150K line item for other art projects. The concept for the 
“ARTery” was approved by Council during FY 2022.  
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