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Putting Together the Pieces of the Alpharetta Budget
By Ryan Ward | July 11, 2007
In June, the city council adopted the ordinances for the 2008 fiscal year budget. Of note was an increase of about 11% in funding for parks and recreation and a AAA rating from Sandard & Poors for city bonds - the highest rating possible. Here is a quote directly from the budget process and overview that stands out to me as one of the underlying qualities that continue to make Alpharetta, in my opinion, the best place to live in Atlanta:
Governments across the country have experienced economic downturns, which have resulted in
decreased services and deferred maintenance of assets and infrastructure. Although many of the
circumstances which led to such downturns were not always in the control of the government, Alpharetta
has deployed a philosophy of budgetary evaluation which reviews the needs of the City to the standard
which realizes that services and associated costs should not be appropriated if they are not justified as
long-term goals of the organization. This philosophy is solidified during the budget process, with a multiyear
financial outlook that provides the conduit to evaluate government priorities, realign and diversify
revenue structures, and provide the data for decision making for continued financial success.
Admitededly, budgets are not my strength and they don’t generally get me jumping for joy at thought of reading through them. However, I do think it is responsible for residents of Alpharetta to at least take a cursory view of what really is happening with the tax revenues that we provide to the government.
Fortunately, Alpharetta has always handled the budget in an fiscally responsible manner. This has been a major force in continuing to keep Alpharetta ahead of the pack in Atlanta. Growth in new housing starts remains strong and the commercial real estate sector is on fire with Milton Park and the Alpharetta City center. All of these items factor into a strong economy which help to keep appreciation of residential real estate moving in a positive direction.
So, from time to time I think it is important to take note of the fiscal state of our city and having done so, I would like to say thank you to all of the public servants in Alpharetta who help to keep our city great!
Topics: Real Estate, Alpharetta |
July 11th, 2007 at 9:11 pm
Wow, Are you a part time writer as well. Very well writen.