Sandy Springs Main Street!

The Griffin Company plans to build a Main Street!   It is going to be on Roswell Road, in the heart of Sandy Springs.  It will be located at 6000 Roswell Road.  It is the current site of the Bank of America building, a United States Postal Service and a KFC/Pizza Hut.

The first floor is retail and the top 5 floors will be upscale residences.

Construction is scheduled to begin in late 2009.

The Budget!

The City Council and Mayor developed a City Budget for the FY 2009 which begins July 1, 2008. 

The good news is that we are comfortable that $9 million (could be more) of unanticipated FY 2008  surplus will be available to fund additional capital projects in our city in FY 2009!

This surplus was possible due to our revenue coming in significantly higher at $89,462,922/12 months versus $79,418,000 original budget. Savings in operating expenses also occurred. 
   

Another fiscal milestone to which we can point  proudly is the attainment in 31 months of our targeted Fund Balance Reserve of 16% of revenues which is approximately $14.3 million set aside  at the BOY 2009 exclusively for “rainy  day funds”.

Your Sandy Springs Community Team!