PEACHTREE CORNERS -- Just over two weeks away from official cityhood, the initial proposed budget for Peachtree Corners' first year was made public and discussed at a Thursday meeting.
The city's proposed budget for the fiscal year 2013 (July 1 through June 30, 2013) came in at just over $2.72 million, assuming the eventual collection of roughly $1.76 million in property taxes, $500,000 in franchise fees and a $500,000 "tax anticipation note," which is essentially a loan to serve as start-up funds for the city.
Expenses -- dubbed "conservative" by a pair of consultants aiding in the city's start -- including categories of city council, city manager, general operations, finance, legal services, facilities, city clerk, contingency and community development.
It also included a $200,000 contribution to a fund balance and the eventual repayment of the tax anticipation note.
Specific expenditures primarily included salaries, an estimated $125,000 to lease a "city hall" -- office space for which was approved by the council Thursday -- and legal services.
A proposed $100,000 was set aside for a call center for the city, which created a long discussion by the council.
John McDonough -- Sandy Springs' city manager and one of the aforementioned consultants -- said there was no reason that the budget, even after adoption, couldn't be tweaked as the city proceeded through its first fiscal year. He suggested a mid-year review.
"You'll know a lot more six months from now than you'll know sitting here tonight," McDonough said.
A public forum on the city's first budget will be held at 7:30 p.m. Tuesday. The budget is scheduled to be formally adopted during a meeting on Tuesday, June 26.
Other news from Thursday's meeting:-- The lease for a more permanent location for city hall was approved by the council. The office space will be leased through Ken Shumard and 45 Techpark LLC, McDonough said.
-- John Kachmar, Johns Creek's city manager and another consultant for the city, said 63 resumes have been received to fill Peachtree Corners' position for a permanent city manager. Five have made the cut for further consideration, Kachmar said.
No firm deadline has been set for selection, but Kachmar said the next step would happen "hopefully by the end of the month."