Local Issues
Atlanta City Council Approves FY 2024 Budget Which Includes Increase for Department of City Planning
July 13, 2023
Atlanta’s final proposed FY 2024 budget is the largest in the City's history, of the $790 million General Fund budget, the Department of City Planning (DCP) will receive approximately a $23.7 million budget for FY24, about a $600,000 increase from last year.
More than half of the increase and about four-fifths of their budget is for personnel, which had been a sore spot for the department. An additional $1.6 million is going into salaries, which are (as of now) lower than the rest of the market. Many vacancies are expected to be filled, with the department lowering its vacancy from 30% to 21% since February, but Commissioner Jahnee Prince notes that it’ll take some time to train new staff.
In addition, the department will focus on projects such as the Peachtree Creek Greenway and the Chattahoochee River lands.
CITY OF ATLANTA FY 2024 BUDGETAbout the ARA Market Brief
The Atlanta REALTORS® (ARA Market Brief is compiled by First Multiple Listing Service (FMLS) and provides the only regionally focused synopsis of monthly sales and home prices for single-family residential properties. The Market Brief covers the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.
The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Atlanta REALTORS® Association
The Atlanta REALTORS® Association (ARA) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With over 14,000 members, Atlanta is the largest association in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ARA serves as a central source of information for its members, mainly focusing on real estate education, the promotion of professionalism in the industry, and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.