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Johns Creek Herald - July 20, 2023

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J u l y 2 0 , 2 0 2 3 | A p p e n M e d i a . c o m | A n A p p e n M e d i a G r o u p P u b l i c a t i o n | 5 0 ¢ | Vo l u m e 2 7 , N o . 2 9

AMBER PERRY/APPEN MEDIA

Johns Creek Community Development Director Ben Song leads a presentation on key developments in Johns Creek to an audience of young professionals, some college students, July 10.

Young professionals give perspective on goals of Johns Creek development JOHNS CREEK, Ga. — Nine young professionals and college students shared their perspectives on city planning and future needs to Johns Creek officials at a NEXT Gen Forum July 10 at City Hall. The group expressed their observations about the city’s strengths and weaknesses from the perspective of a new generation preparing to engage with the community. Community Development Director Ben Song led a presentation on demographics and key developments in Johns Creek that include: •

Medley Johns Creek — a 43acre, mixed-use development to include retail, restaurants and

See GOALS, Page 7 JOSHUA CURRAN, CFP® JOSHUA CURRAN

Senior Vice President, Investments 1100 Abernathy Road, N.E. Building 500, Suite 1850 Atlanta, GA 30328 T 770.673.2190 // jcurran@raymondjames.com

AMBER PERRY/APPEN MEDIA

Johns Creek Mayor John Bradberry introduces the proposed Fiscal Year 2024 Budget at the City Council work session July 11. The first public hearing for the budget is scheduled for Aug. 8. The second hearing, as well as adoption, is slated for Sept. 12.

Proposed budget would trim property tax rate By AMBER PERRY amber@appenmedia.com JOHNS CREEK, Ga. — The Johns Creek City Council reviewed a proposed $79 million fiscal year 2024 budget at its July 11 work session and considered funding gaps for capital projects. “[The budget] sets priorities to accomplish some very exciting goals for our community, while still maintaining careful stewardship of not just the taxpayer dollars, but also the taxpayers trust,” Johns Creek Mayor John Bradberry said.

The proposed budget assumes a rollback rate of 3.716 mills from the current 3.986 millage rate, and projects a 3.3 percent increase in revenue. The council previously set aside $1 million to stabilize the millage rate. Johns Creek Finance Director Ronnie Campbell also said there was an unexpected increase in anticipated property tax revenues, based on the preliminary tax digest from Fulton County. Property taxes would fund 29 percent of the proposed budget. The budget is built around four

FDIC-Insured Brokered Certificates of Deposit

years – 0.00%* 1(0) year – 5.30%* years––5.00%* 0.00%* 2(0)years years––4.70%* 0.00%* 3(0)years

themes — investing in parks, streets and infrastructure; advancing technology and service delivery; strengthening city staff; and enhancing the city’s public safety framework. Funding gaps At the work session, some councilmembers questioned several unfunded capital projects in the proposed budget. Councilwoman Stacy Skinner highlighted the unfunded

See TAX, Page 6

00/00/00 *Minimum purchase may apply. Subject to availability. Rates expressed as annual percentage yield (APY) as of 00/00/00. 07/17/23 APY may reflect a current market discount. About FDIC insurance: Currently, the FDIC limits the insured amount (including principal and interest) for all deposits held in the same capacity to $250,000 per depositor, per insured depository institution and $250,000 for certain retirement accounts. Therefore, excess holdings may not be insured. About liquidity: Funds may not be withdrawn until the maturity date or redemption date. However, the brokered CDs are negotiable, which means that, although not obligated to do so, Raymond James and other broker/dealers presently maintain an active secondary market at current interest rates. Market value will fluctuate and, if the CD is cashed out prior to maturity, the proceeds may be more or less than the original purchase price. Holding CDs until term assures the holder of par value redemption. CDs are redeemable at par upon death of beneficial holder. For detailed overview of these and other risks refer to the Certificate of Deposit Disclosure Statement at raymondjames.com/liquid.htm. Additional information is also available on the SEC Certificates of Deposit: Tips for Investors website at sec.gov/answers/ cds.htm. © 2023 2022 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. 22-BR3KA-0166 TA 11/22


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