Especially compared to prior years, City Manager Pete Peterson said Johnson Cityâs proposed budget for fiscal year 2022 is âextraordinarily large,â clocking in at $302 million. âJust a couple years ago we had a $250 million budget, which was a big budget,â Peterson said. âOne of the things thatâs driving this total budget number up is the number of capital projects. ... Out of that $302 million, thereâs probably $40-50 million worth of one-time expenditures.â The City Commission unanimously approved Johnson Cityâs fiscal year budget on first reading Thursday. The next two readings will occur on June 8 and June 17. The budget does not contain a property tax increase.