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HomeMy WebLinkAbout2021-03-09 Meeting AgendaFinance Committee Meeting Virtual/Teleconference- 3/9/2021- 1:20 PM FINANCE 1.Approve funding for the January 5, 2021 General and Special Election Runoff and remaining 2021 elections. Attachments 2.Motion to approve the minutes of the Finance Committee held on February 23, 2021.Attachments www.augustaga.gov Finance Committee Meeting 3/9/2021 1:20 PM Approve Funding for the January 5, 2021 General and Special Election Runoff Department:Board of Elections Presenter:Lynn Bailey Caption:Approve funding for the January 5, 2021 General and Special Election Runoff and remaining 2021 elections. Background:A state-wide runoff was conducted on January 5, 2021 for two US Senate seats and one Public Service Commission. The election was required by law. Analysis:This was a very large election with an unprecedented turnout for a runoff. Preliminary cost for the election is approximately $400,000. $140,000 has been set aside in the Contingency Budget for runoffs in 2021. This is a request to draw down those funds to apply to the cost of the Election. Other funding sources for this runoff will be through grant awards. The balance of the election funds wail be used for the SPLOST election in March and the potential November election. With the enhanced safety requirements due to the ongoing pandemic, the cost per election is estimated to be between $200,000 and $250,000. Financial Impact:$140,000 from Contingency designated for elections and runoffs. $107,750 from 2020 contingency designated for elections and runoffs. Alternatives:None Recommendation:Approve the request Funds are Available in the Following Accounts: $140,000 Contingency $107,750 carryover from 2020 Cover Memo Item # 1 REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Cover Memo Item # 1 Augusta Georgia 2020 Election Expenditures 2021 projection Budget Actual Balance Board of Elections 652,570 664,910 (12,340) Election Expenses 1,329,040 1,658,396 (329,356) CTCL Grant- 1st Grant 2020 386,280 386,279 1 2,367,890 2,709,585 (341,695) Additional Funding Georgia CARES allocation 250,000 CTCL Grant - 2nd (total $284,650)91,695 341,695 2020 Deficit (341,695) Balance 0 Budget Actual Balance Election Expenses 154,800 - 154,800 CTCL Grant 2nd ($248,650-$91,695)192,955 179,066 13,889 347,755 179,066 168,689 Additional Funding Contingency - 2021 140,000 Contingency - 2020 107,750 247,750 Total Funds Available for remaining 2021 Elections 416,439 2020 2021 Attachment number 1 \nPage 1 of 1 Item # 1 Finance Committee Meeting 3/9/2021 1:20 PM Minutes Department: Presenter: Caption:Motion to approve the minutes of the Finance Committee held on February 23, 2021. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Cover Memo Item # 2 Finance Committee Meeting VirtuaUTeleconference - 2 I 23 I 202I ATTENDANCE: Present: Hons. Sias, Chaiffnan; D. Williams, Vice Chairman; McKnight and Scott, members. Absent: Hon. Hardie Davis, Jr., Mayor. FINANCE 1. Motion to approve the minutes of the Finance Committee held on February 9, Item2021. Action: Approved Motions Motion Type Approve Seconded By www.augustaqa.gov Motion Text Motion to approve. Motion Passes 4-0. Made By Commissioner Dennis Williams Commissioner Catherine Smith- Passes McKnight Motion Result Attachment number 1 \nPage 1 of 2 Item # 2 Attachment number 1 \nPage 2 of 2 Item # 2