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HomeMy WebLinkAbout2015-11-10-Meeting Mintueswww.augustaga.gov Finance Committee Meeting Commission Chamber - 11/10/2015 ATTENDANCE: Present: Hons. Guilfoyle, Chairman; Sias, Vice Chairman; Frantom and Hasan, members. Absent: Hon. Hardie Davis, Jr., Mayor. FINANCE 1. Motion to approve the 2015 budget for Daniel Field Airport in the amount of $50,980. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Ben Hasan Commisioner Sean Frantom Passes 2. Motion to approve the minutes of the Finance Committee held on October 27, 2015. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Sammie Sias Commisioner Sean Frantom Passes Finance Committee Meeting 11/10/2015 1:15 PM Attendance 11/10/15 Department: Caption: Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance Committee Meeting 11/10/2015 1:15 PM 2015 Budget Increase Request Department:Daniel Field Airport Caption:Motion to approve the 2015 budget for Daniel Field Airport in the amount of $50,980. Background:The FAA mandated that obstructions be mitigated in order to restore a precision approach tool (PAPI) that is owned by the FAA. This required trees to be cut from the airport property as well as property across the street. Additionally, trees and poles were removed to facilitate the ongoing 20:1 Obstruction Mitigation at Daniel Field. The 2015 budget did not include these items being removed. This mandate by the FAA has put the Daniel Field budget for 2015 over budget. A breakdown is included to show the anticipated amount of expenses through the rest of 2015. Analysis: Financial Impact:Because of the numerous obstructions at Daniel Field, an FAA and GDOT grant has been allocated to Daniel Field to finish the mitigation process, (trees). This grant will be available for use in 2016. The goal is to have the RFP out for the obstruction mitigation by mid-January 2016. The amount allocated to this grant is $300,000. Many of the items that have been paid in the 2015 budget will be reimbursed by this grant. Funds for the budget increase request are available in the Daniel Field fund balance (checking account). Alternatives:None Recommendation:Approve the 2015 budget increase request in the amount of $50,980. Funds are Available in the Following Accounts: Enterprise Fund REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Finance Committee Meeting 11/10/2015 1:15 PM Minutes Department:Clerk of Commission Caption:Motion to approve the minutes of the Finance Committee held on October 27, 2015. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: