09/19/2026
Please read, listen, learn, and Go.
This is not easy.
Your informed opinion is needed!
Roswell's Fund Balance … and Your Next Chance to Weigh In on the Millage Rate
As we prepare for the next conversation about Roswell's proposed millage rate during the public hearing this coming Monday night, we wanted to share some information to help clarify questions we've received about the City's fund balance and reserves.
You may have seen that Roswell's total fund balance is $40.6 million and wondered why the City is considering a millage rate increase if there is money in reserves.
Here's some more context: By City ordinance, Roswell maintains a minimum reserve of 25% of recurring operating costs (about $25.7 million). Above that mandated reserve, Roswell has $14.9 million, about 37% of the total balance. That amount is already committed and earmarked for specific purposes:
• $6.5M to fund operations until property tax revenue arrives at the end of 2026
• $2.8M for road resurfacing
• $2.2M for vendor payments for services rendered in late 2025
• $2.0M for operating and emergency contingencies
• $1.4M for merit increases approved by Mayor and Council in December 2025
*Where Things Stand*
At the First Reading of the Millage Rate on Sept. 14, 2026, City Council put forward a tentative millage rate of 5.9 mills. This rate is not final. Council will vote on the final millage rate at their meeting on Monday, Sept. 28, 2026.
*Have Your Say: Public Hearing on the Millage Rate*
Monday, Sept. 21, 2026
6:00 p.m. (note the earlier start time)
Roswell City Hall, Council Chambers
38 Hill Street
This hearing is required by state law. Residents who wish to speak during the public comment portion should fill out a comment card; each speaker may address Council for up to five minutes.
For more information about the proposed millage rate, visit www.RoswellConnections.com/Property-Taxes.
