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HomeMy WebLinkAbout04-12-2004 Meeting I I I FINANCE & APPROPRIA nONS COMMITTEE COMMITTEE ROOM - April 12, 2004 2:00 P. M. PRESENT: Hons: Bob Young, Mayor; Boyles, Chairman; Beard, Co-Chairman; Grantham and Williams, members; Steve Shepard, Attorney; Fred Russell, Deputy. Administrator; North Williamson, Tax Commissioners Office; Ron Crowden, Fleet Manager; Lena Bonner, Clerk of Commission and Nancy Morawski, Deputy Clerk of Commission. Also Present: Hons. Sims, Smith, Colclough, Cheek and Hankerson, Commissioners. The Deputy Clerk: We have a request for an addition to approve the abatement of taxes for 1634 Martin Luther King Blvd. and 1503 Chestnut Street. (Requested by Commissioner Beard) (No objections to adding this item) Ms. Beard: These properties belong to Bethlehem Community Association which is a non-profit organization, 5013C, and they have not been paying taxes. Mr. Williams: I'd like to know a little more about this. Can we defer it until we find out a little more about them? We could ask Mr. Williamson to check on those. Mr. Williamson: Yes, sir, I'll do that. CONSENT AGENDA ITEMS: 1. Consider request from RCCI to ask the Internal Auditor to audit the Employees Benefit Fund, Petty Cash Fund, Inmate Store Fund and the Inmate Trust Fund. (Referred from March 29 Finance) 2. Cons idler a request from the Mayor for a blanket purchase order through December 31, 2004 for the purchase of frames for certificates and proclamations. 6. Consider abatement of taxes on City property. (Please refer to attached list) Mr. Williams: I move we approve items 1,2 and 6 as consent. Mr. Grantham: Second. Motion adopted unanimously. 3. Approve the revision to the Fleet Replacement Policy (October 1998). Mr. Crowden made a presentation about the revision to the policy. I After a discussion ofthe various aspects of the policy, Mr. Grantham: I'll make the motion that we receive the information and approve the request for the revised fleet replacement policy. Mr. Williams: Second. Motion adopted unanimously. (Discussion continues on the addendum item) Mr. Williamson: The property at 1634 Martin Luther King Blvd. has no taxes on it and is already indicated as being exempt. 1503 Chestnut Street has three years' back taxes totaling $113.00. Mr. Williams: I move to abate the taxes at 1503 Chestnut Street. Mr. Grantham: Second. Motion adopted unanimously. Mr. Chairman: All right. We'll put it on consent. I Mr. Grantham: Can this also be included on the consent agenda? Mr. Williams: We can do that unless somebody pulls it. 4. Receive as information a report from Fleet Management regarding the leasing of light vehicles. Mr. Crowden gave a report on the situation ofleasing light vehicles. Ms. Beard: I move we receive this as information. Mr. Williams: Second. Motion adopted unanimously. 5. Approve the refinancing of two series 1996A and 1997 Revenue Bonds with a lower interest rate estimated at 67% of LIBOR or 3..88%. Mr. Williams: I so move. Mr. Grantham: Second. I 2 I I I --'. Motion adopted unanimously. 7. Discuss the development of an internal control process. (Requested by Commissioner Williams) Mr. Williams: I was concerned with the problems we've having in some areas of the government and I'd like to see some controls put in place with the internal auditor or the administrator to prevent some problems. We don't know how many hours the internal auditor puts in. There should be some process in place to catch some of the problems before they happen. We're having to pay money after the fact to make corrections. Mr. Grantham: I think I'm hearing two things from you. One is we want a check and balance on the internal auditor and then we'd like to be able to discover the necessary incidents that are taking place and if we could get them ahead of time, that would be great to have. Mr. Shepard: We have approved the internal auditor's work schedule each year. Mr. Chairman: In the next few weeks we're going to have a work session to meet with the Tax Assessors Office. Could we do a little more research on this and then bring it back as an agenda item for that session? Mr. Williams: I move that we refer this to our work session. Mr. Grantham: Second. Motion adopted unanimously. ADJOURNMENT: There being no further business, the meeting was adjourned. Lena J. Bonner Clerk of Commission nwm 3 I I I FINANCE & APPROPRIATIONS AGENDA COMMITTEE ROOM - April 22, 2004 11:30 A. M. 1. Report ofPirst Quarter Preliminary Digest Totals. 2. Review first quarter January I-March 31,2004 fiscal year operating financial statements and accept as information. 3. Consider abatement of tax balance on Map 131, Parce128. 4. Consider abatement of tax balance on property of Board of Education. .' ~ FINANCE & APPROPRIATIONS AGENDA COMMITTEE ROOM - April 12, 2004 2:00 P. M. I. Consider request from RCCI to ask the Internal Auditor to audit the Employees Benefit Fund, Petty Cash Fund, Inmate Store Fund and the Inmate Trust Fund. (Referred from March 29 Finance) '2. Consider a request from the Mayor for a blanket purchase order through December 31, 2004 for the purchase of frames for certificates and proclamations. 3. Approve the revision to the Fleet Replacement Policy (October 1998). 4. Receive as information a report from Fleet Management regarding the leasing of light vehicles. 5. Approve the refinancing of two series 1996A and 1997 Revenue Bonds with a lower interest rate estimated at 67% of LIB OR or 3.88%. 6. Consider abatement of taxes on City property. (Please refer to attached list) 7. Discuss the development of an intemal control process. (Requested by Commissioner Williams) I ADDENDUM FINANCE & APPROPRIATIONS AGENDA April 12, 2004 2:00 P. M. ADDITION TO THE AGENDA: 1. Approve abatement of taxes for 1634 Martin Luther King Blvd. and 1503 Chestnut Street. (Requested by Commissioner Beard) I I