Tucker’s City Council held its first regular called meeting Monday night for a very busy month of May at the new City Hall Annex.
The meeting marked a first for the City, as Council held a public hearing on a full-year budget. The FY ’18 budget calls for $6,694,110 in General Fund expenditures, with revenues estimated at $7,634,110. The budget proposal would increase the City’s reserves to around $3 million. Pending Council approval, that Fiscal Year would run from July 1, 2017 through June 30, 2018.
The FY ’18 budget was discussed on a first read, as was an amended FY ’17 budget. That amendment increases anticipated revenues by $420,750, budgeted expenses by $254,676 and puts the remaining $166,074 in reserve. Both the budget items that were discussed are expected to have a final vote at the City Council meeting on May 22.
Representatives from the Stone Mountain and Tucker-Northlake Community Improvement Districts (CIDs) led off the meeting with presentations to Council on different funding projects they are targeting. The next item on the agenda saw Council vote unanimously to approve the boundaries of a Downtown Development Authority (DDA). This is just the first step in activating a DDA, which would be an appointed body focused on spurring redevelopment in the City of Tucker.
The final item on the agenda was a public hearing on a Special Land Use Permit approval for proposed multi-family project, Northlake Senior Apartments. City Council is expected to hold a final vote on the development at their meeting on May 22.
City Council will next hold a special called meeting to further discuss the proposed FY ’18 budget on Monday May 15 at 7 p.m. at the City Hall Annex.