[I. Call to Order]
[00:00:07]
GOOD MORNING, EVERYONE. I WOULD LIKE TO CALL THIS SPECIAL MEETING OF THE SANDY SPRINGS CITY COUNCIL TO ORDER FOR TUESDAY, AUGUST THE 19TH, 2025. WILL THE CITY CLERK PLEASE CALL THE ROLL? GOOD MORNING. PLEASE CONFIRM YOUR ATTENDANCE, MAYOR RUSTY PAUL. PRESENT. COUNCIL MEMBER JOHN PAULSON. COUNCIL MEMBER. MELODY KELLY. COUNCIL MEMBER MELISSA MUELLER HERE.
COUNCIL MEMBER JODY ROCHELLE, COUNCIL MEMBER. TIBBY DEJULIO, COUNCIL MEMBER ANDY BAUMANN
[III. Approval of Meeting Agenda]
HERE. IS THERE A MOTION TO APPROVE THE MEETING AGENDA? MAYOR PAUL, MR. PAULSON. I MOVE APPROVAL OF THE MEETING AGENDA FOR TUESDAY, AUGUST 19TH, 2025. MOTION BY MR. PAULSON. IS THERE A SECOND? MOTION BY MR. PAULSON, SECONDED BY MISS ROCHELLE, THAT WE APPROVE THE MEETING AGENDA.IS THERE ANY DISCUSSION? HEARING NONE. WE'LL CALL THE QUESTION. THE QUESTION IS ON APPROVAL OF
[IV. Public Hearing]
THE MEETING AGENDA. ALL IN FAVOR OF THE MOTION? SAY AYE. AYE. OPPOSED? NO. THE MEETING AGENDA IS APPROVED. MOVING TO PUBLIC HEARINGS. HAVE WE RECEIVED ANY PUBLIC COMMENT CARDS? WE HAVE NOT. ALL RIGHT. WE'VE RECEIVED NO PUBLIC COMMENT CARDS. I WILL CLOSE THE COMMENT. PERIOD. IS THERE A MOTION TO ADJOURN? MAYOR PAUL, MR. BAUMANN, I'D LIKE TO ASK SOME QUESTIONS OF EDEN.OKAY. BEFORE WE ADJOURN, I DIDN'T KNOW. I THOUGHT YOU WERE GOING TO PRESENT. DO YOU NOT NORMALLY PRESENT? NOT AT THE SECOND ONE. SO I HAVE SOME QUESTIONS BEFORE WE COME IN TONIGHT. EDEN. WHAT? AND IF YOU NEED TO ANSWER THIS LATER, THAT'D BE FINE TOO. WHAT WOULD THE IMPACT BE OF GOING WITH THE ROLLBACK RATE? WE'D LOSE APPROXIMATELY $400,000 BASED OFF OF THE CURRENT PROJECTIONS PROVIDED BY FULTON COUNTY. BUT IT'S NOT QUITE AS SIMPLE AS THAT BECAUSE, AGAIN, THERE ARE STILL MANY OUTSTANDING APPEALS. SO THAT'S MY BEST GUESSTIMATE AT THIS POINT. 400,000. DID WE BUDGET ON WHAT NUMBER DID WE BUDGET ON? DID WE BUDGET ON WITH THE 400,000 OR SOME OTHER? I MEAN, I'M TRYING TO COMPARE THE IN. SO THAT'S THE 400 WOULD BE THE IMPACT OF THE ROLLBACK RATE. CORRECT. I WANT TO KNOW WHAT IT WOULD BE VERSUS BUDGET. IT'S DIFFICULT TO PROJECT BECAUSE AT THIS POINT, THE WAY THAT WE'VE ALWAYS STRUCTURED OUR BUDGET IS THAT WE ALWAYS PROJECT IN OUR REVENUES LESS THAN WHAT THE DIGEST SAYS WILL BE COLLECTED, SIMPLY BECAUSE IT'S SUCH A MOVING TARGET. SO IT IS HISTORICALLY TRUE THAT WE ANTICIPATE REVENUES. WE ALWAYS UNDERESTIMATE IS THAT RIGHT? YES. BECAUSE WE DON'T WANT TO HAVE A SURPRISE. SO IF WE WERE TO DO THE ROLLBACK AND WE HAVE A HISTORY OF OVERESTIMATING EXPENSES. THAT'S RIGHT. YES. IF WE WERE TO DO THE ROLLBACK, WOULD YOU NEED TO COME BACK TO THE COUNCIL FOR CORRESPONDING BUDGET ADJUSTMENT? IT'S TOO EARLY FOR ME TO ANSWER THAT WITH WITH SPECIFICITY. POTENTIALLY WE MIGHT NEED TO, BUT I CAN'T GIVE YOU A FIRM ANSWER RIGHT NOW. AND HISTORICALLY WE HAVE UNDER BUDGETED REVENUES AND OVERESTIMATE EXPENSES. CORRECT.
OKAY. IF WE WERE TO ROLL BACK THE. TAX TO THE ROLLBACK MILLAGE RATE, WOULD THERE BE AN IMPACT ON OUR CITY'S CREDIT RATING? ALSO, POTENTIALLY ONE OF THE FACTORS THAT WERE DISCUSSED IN BOTH OF OUR RATING CALLS AND WE STILL HAVEN'T HEARD BACK FROM STANDARD AND POOR'S, IS THAT COUNCIL HAS A HISTORY OF NOT CHANGING THE MILLAGE RATE THAT IS VIEWED FAVORABLY BECAUSE YOU HAVE THE FLEXIBILITY TO LOWER IT. BUT IN GENERALLY SPEAKING, BOND RATING AGENCIES PREFER THAT YOU KEEP IT STABLE OR NOT INCREASE IT. IS THAT SOMETHING YOU CAN CHECK WITH MR. CHEATWOOD TO SEE? SURE. I CAN SEND THEM BEFORE TONIGHT. AND THEN LASTLY. IF THE ROLLBACK RATE IS ADOPTED, WHAT WOULD BE THE RATE GOING INTO NEXT YEAR? IT WOULD RESET TO THAT. YOU'D HAVE TO RAISE TO 4.731. CAN YOU CONFIRM THAT TOO? I CAN I KNOW THAT IS THE CASE. SO IF YOU ROLL BACK THE RATE YOU'RE SAYING THAT BECOMES NOT A ONE YEAR THING, THAT BECOMES THE NEW RATE FOR THE CITY, OF WHICH THE CITY WOULD HAVE TO BUDGET ABSENT A RATE INCREASE OF THE MILLAGE RATE. YES, SIR. OKAY.
ALL RIGHT. THANK YOU. IF HE MAKES THAT MOTION, HE HAS TO HAVE A SECOND. RIGHT? YES.
EXCUSE ME. WHO IS HE? AND WHAT MOTION ARE YOU TALKING ABOUT? I'M JUST A POINT OF ORDER, MAYOR PAUL. LET'S JUST KEEP SOME DECORUM HERE, PLEASE. YES. ALL RIGHT. ANY OTHER DISCUSSION? IS THERE A MOVE TO ADJOURN? MAYOR PAUL, I MOVE, WE ADJOURN. MR. PAULSON MOVES ADJOURNMENT. IS THERE A SECOND MOTION BY MR. PAULSON, SECONDED BY MR. ROCHELLE. ALL IN FAVOR, SAY AYE.
OPPOSED? NO.
* This transcript was compiled from uncorrected Closed Captioning.