ATL Standard

Mayor Dickens' Historic FY25 $2.75 Billion Budget Proposal Unanimously Passed by Atlanta City Council

ATLANTA - Mayor Andre Dickens' budget for Fiscal Year 2025 has been unanimously approved by the Atlanta City Council. The approved budget is set at $2.75 billion, allocating $853.8 million for the General Fund, $1.5 billion for Enterprise Funds, and $352.5 million for Other Funds. This budget reflects a strategic approach to financial management, aimed at addressing the evolving economic landscape while prioritizing critical investments for the city's growth and development.

“This budget shows our commitment to significant investments in our community and in our employees as we continue toward our collective mission of making Atlanta a City of Opportunity for All,” said Mayor Andre Dickens. “We know that Atlanta has great influence on a global scale from housing the world’s busiest and most efficient airport to our innovation in housing solutions and this budget shows that we are working to ensure all residents have access to critical resources in our city. Thank you to members of the Administration in putting the thought and intent into this budget that the people of Atlanta deserve and thank you to City Council for their support and their unanimous approval of this historic budget.”

The FY25 budget considers recent analyses and projections, including a projected slight contraction in inflation-adjusted GDP and expectations of an average inflation rate of around 2.5% per year.

Key highlights of the approved budget include:

Investments in Human Capital: Recognizing the importance of retaining talent, the budget includes a $24.3 million investment in employee compensation, benefits, and professional development, ensuring a resourceful workforce for the city's future.

Commitment to Public Safety: Mayor Dickens' commitment to public safety is evident in significant investments of $29.8 million, including funding for equipment, technology upgrades, and security measures.

Affordable Housing Initiatives: The budget commits $17 million to the Affordable Housing Trust Fund, supporting initiatives to provide safe and quality housing for residents and promoting inclusive growth across the city.

Infrastructure Development: With a focus on infrastructure, the budget allocates $30 million for capital improvements, including constructing two new fire stations and addressing long-standing maintenance needs.

Commitment to Eradicating Food Deserts: Dedicating $6 million to developing local grocery stores and markets and supporting fresh food inventory and distribution throughout the city.

Laying the Foundation and Continuing the Work of A City Built for the Future: With completing the Class and Compensation Study, the city has committed to raising the minimum wage for city employees to $17.50/hour.

Continued Investment in Youth: Investments include $3 million in Year of Youth Investments, $1.8 million for At-Promise Youth Centers operations, $2 million for Summer Youth Program, and $1.9 million for Mayor’s Youth Ball.

Further information and detailed budget breakdowns can be found here.