Toccoa City Commission Passes Increased Budget for FY2020

City of Toccoa Commissioners have voted to pass the proposed Fiscal 2020 budget.

At their regular meeting Monday evening, commissioners voted unanimously to pass the new budget. Toccoa’s FY2020 budget is just over $34.5 million – a 4% increase over this year’s budget.

“I think it’s important to note that the majority of that increase is that we have budgeted for a new fire truck,” City Manager Billy Morse told WNEG News earlier.  “That is $750,000 for a new, fully equipped fire truck. So, that’s a big part of the increase, but I think it’s also important to note that there are no millage rate increases and no utility rate increases either.”

At the first reading of the budget last week, Commissioners heard from City Finance Director Becky Bohannon who outlined how the monies would be spent.

“The General fund is $10,580,902; the Water/Wastewater fund, $7,045,971; the Natural Gas fund, $11,365,513; Solid Waste Fund, $1,154,622; Lake Toccoa facility, $592,554. That is a total operating fund budget of $30,739,562,” she said.

Additionally, Bohannon noted monies will also be allocated in the next budget for the Reserve Fund and for the Special Reserve Fund bringing the total FY2020 budget to $34,524,996.

The Fiscal 2020 budget can be viewed online at: City of Toccoa Finance Department.

Toccoa’s fiscal year begins July 1.  According to Georgia law, City Commissioners had to vote to approve the new fiscal budget by June 30.