The Town of Braselton is expecting a 31% increase in its General Fund for FY22.
A preliminary budget for Braselton's various departments and funds was recently released by the town.
The Braselton City Council will hold a public hearing on Thurs., June 10, at 4 p.m. to take public comments on its FY22 budget. The council is expected to vote on the budget in a called meeting on Fri., June 18 at 4 p.m.
The town's General Fund, its main governmental fund, is slated to net $7.45 million in revenues in FY22, 31% higher than the town's FY21 budget. Most of the anticipated revenue increases come from anticipated higher sales taxes, hotel/motel taxes and alcoholic beverage taxes. Various other franchise fees are also expected to go up in FY22.
Braselton doesn't levy a city property tax.
In expenses, Braselton expects its General Fund to have $5.57 million in expenses, leaving a balance of $1.87 million to go toward debt service and reserves.
WATER & SEWER
Braselton expects to have revenues form its water and sewerage operations of $11 million in FY22, up from $9.5 million budgeted in FY21.
After expenses and debt payments, Braselton expects to net $2.1 million from its water and sewer operations in the year.
In its other funds, Braselton expects to have the following budgets:
• Stormwater Fund: $375,000
• Civic Center Fund: $406,500
• Visitor's Bureau Fund: $2.1 million (BVB public hearing will be June 9 at 6 jp.m. with a BVB board voted June 16 at 4 p.m.)
• DDA Fund: $130,000 (DDA budget public hearing is set for June 10 at 11 a.m. with a DDA board vote slated for June 17 at 11 a.m.)
• Urban Redevelopment Agency: $450,000 (URA public hearing will be June 9 at 3 p.m. with a board vote on June 17 at 4 p.m.)