HomeMy WebLinkAbout2006-08-07-Meeting Agendawww.augustaga.gov
Finance Committee Meeting Committee Room- 8/7/2006- 3:00 PM
FINANCE
1. Presentation of draft of 2006 Audit Report. (Requested by
Commissioner Grantham)
Attachments
2. Consider a request from the Augusta Mini Theatre, Inc.
regarding city sponsorship through the purchase of tickets
for the 5th Annual Alumni and Friends Chefs Showcase
on October 8, 2006.
Attachments
3. Discuss GenVentures, LLC lease proposal for the Augusta
Municipal Golf Course. (Requested by Mayor
Copenhaver)
Attachments
4. Motion to approve refund recommendations from the
Board of Assessors for 16 accounts.
Attachments
5. Review Second Quarter 2006 Operating Statements.
Attachments
6. Discuss Tax Allocation District Referendum. (Requested
by Mayor Copenhaver)
Attachments
7. Consider a request from Youth of Augusta, Inc. regarding
funding for their girls basketball team to attend a national
tournament. (Deferred from July 24 Finance)
Attachments
8. Discuss city delinquent accounts - property taxes, business
licenses and utility bills. (Requested by Commissioner
Brigham)
Attachments
Finance Committee Meeting
8/7/2006 3:00 PM
Audit Report for 2006
Department:Clerk of Commission
Caption:Presentation of draft of 2006 Audit Report. (Requested by
Commissioner Grantham)
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission
Finance Committee Meeting
8/7/2006 3:00 PM
Augusta Mini Theatre Inc.
Department:Clerk of Commission
Caption:Consider a request from the Augusta Mini Theatre, Inc.
regarding city sponsorship through the purchase of tickets for
the 5th Annual Alumni and Friends Chefs Showcase on
October 8, 2006.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission
Finance Committee Meeting
8/7/2006 3:00 PM
GenVentures, LLC
Department:Clerk of Commission
Caption:Discuss GenVentures, LLC lease proposal for the Augusta
Municipal Golf Course. (Requested by Mayor Copenhaver)
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission
Finance Committee Meeting
8/7/2006 3:00 PM
Refunds August
Department:Tax Assessor - Charles Smith, Chairman, Board of Assessors
Caption:Motion to approve refund recommendations from the Board
of Assessors for 16 accounts.
Background:See Attachment
Analysis:See Attachment
Financial Impact:See Attachment
Alternatives:None
Recommendation:See attachment
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Finance.
Administrator.
Clerk of Commission
Attachment page 1 of 2
REFUNDS
James E. Bonner
Map 140, Parcel 122
Homestead exemption was dropped in error per returned mail.
Grant refund for 2003 and 2004 in the amount of $764.05 (State $5.00; County $239.20;
School $519.85).
Shapiro Packing Co.
Map 73, Parcel 44
This parcel was deleted in 2002 and combined with Parcel 43 per an appeal. Entire property
was reviewed and corrected.
Grant refund for 2002 in the amount of $1,607.42 (State $13.82; County $496.30; School
$1,097.30).
Michael McDuffie
Map 121, Parcels 2, 3, 4.01, 6.05, 6.06 and 6.07
These parcels were deleted in 2002 and combined with Parcel 4 per an appeal.
Grant refund for 2002 and 2003 in the amount of $1,021.61 as follows:
Parcel 2002 2003
2 212.05 N/A
3 225.13 N/A
4.01 120.97 N/A
6.05 169.66 N/A
6.06 97.25 99.33
6.07 48.10 49.12
William A. Diles
Map 280, Parcel 20
Homestead and mobile home removed in error in 2004.
Grant refund for 2004 in the amount of $186.97.
Attachment page 2 of 2
C.E. Mong
Map 154, Parcel 40.04
Deleted mobile home from real estate and added to personal property account.
Grant refund for 2004 in the amount of $357.48.
Luma-Augusta
Acct. # 2103240
A change order was generated and issued to the Tax Commissioner’s Office for the incorrect
account. Luma-Augusta paid the account in error. The change order for the correct amount has
been issued for Jeffrey Harris Trucking Co. Acct # 2103420.
Grant refund for 2004 in the amount of $206.08.
Wachovia Bank N.A.
A review of 20 accounts was completed for 2003 and 2004. Certain assets were reclassified and
resulted in both increases and decreases. The net increase in value was $522,717. The net
decreases were $48,132.
Grant refund for 2003 and 2004 in the amount of $670.21 as follows:
Acct # 2003 2004
2031011 $93.10 N/A
2031015 24.05 N/A
2031031 163.90 184.94
2031044 58.67 N/A
2039534 119.96 25.59
Finance Committee Meeting
8/7/2006 3:00 PM
Review Second Quarter 2006 Operating Statements- for Discussion
Department:Finance
Caption:Review Second Quarter 2006 Operating Statements.
Background:Quarterly financial statements are presented to the
Commission to update them on the organization's financial
status. This report consists of operating statements for the
major operating funds, General Fund (including Law
Enforcement Fund), Urban Services District Fund, Fire
Protection Fund, and Transit and Water and Sewer Utilities
Fund.
Analysis:Provided in the attached financial statements.
Financial Impact:N/A
Alternatives:N/A
Recommendation:Accept as information
Funds are
Available in the
Following
Accounts:
N/A
REVIEWED AND APPROVED BY:
Administrator.
Clerk of Commission
Finance Committee Meeting
8/7/2006 3:00 PM
Tax Allocation District Referendum
Department:Clerk of Commission
Caption:Discuss Tax Allocation District Referendum. (Requested by
Mayor Copenhaver)
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission
Finance Committee Meeting
8/7/2006 3:00 PM
Youth of Augusta Inc.
Department:Clerk of Commission
Caption:Consider a request from Youth of Augusta, Inc. regarding
funding for their girls basketball team to attend a national
tournament. (Deferred from July 24 Finance)
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission
Finance Committee Meeting
8/7/2006 3:00 PM
Delinquent Accounts
Department:Clerk of Commission
Caption:Discuss city delinquent accounts - property taxes, business
licenses and utility bills. (Requested by Commissioner
Brigham)
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Clerk of Commission