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HomeMy WebLinkAbout2019-11-12 Meeting Minutes Finance Committee Meeting Commission Chamber - 11/12/2019 ATTENDANCE: Present: Hons. Fennoy, Chairman; D. Williams, Vice Chairman; M. Williams, member. Absent: Hons. Hardie Davis, Jr., Mayor; Frantom, member. FINANCE 1. Present the financial report of the nine month period ended September 30, 2019. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve receiving this item as information. Motion Passes 3-0. Commissioner Dennis Williams Commissioner Marion Williams Passes 2. Motion to approve the minutes of the Finance Committee held on October 8, 2019. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 3-0. Commissioner Dennis Williams Commissioner Marion Williams Passes www.augustaga.gov Finance Committee Meeting 11/12/2019 1:15 PM Attendance 11/12/19 Department: Presenter: Caption: Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Financial Reports (Unaudited) September 30, 2019 Finance Department Donna B. Williams, CGFM Timothy E. Schroer, CPA, CGMA Director Deputy Director November 12, 2019 The Honorable Hardie Davis, Jr., Mayor Members of the Augusta Georgia Commission Jarvis Sims, Interim Administrator 535 Telfair Street Augusta GA 30901 Dear Mayor Davis, Members of the Commission, and Mr. Sims: This afternoon we are presenting for your information the financial reports of the major operational funds for the period ended September 30, 2019. The reports presented for the major operating funds are on the cash basis of accounting. Additionally, information on Local Sales Tax (LOST) collections and Special Purpose Local Sales Tax (SPLOST) collections and projects is included. Augusta’s revenue position at the end of the third quarter benefited from the annual billing of ad valorem taxes. The revenue shown is 100% of the billed amount, and is slightly above the total budget. Final results will be adjusted 60 days after fiscal year end for timing and actual collections. We currently expect final annual amounts to meet budget expectations. Other categories such as Licenses, Charges for Services and Fines are less seasonal and are collected more consistently throughout the year. There are bright spots for the first nine months of the year. Collections of sales tax and electric franchise fees are projected to be higher than budgeted totals. However, one area is not as bright. The Federal Reserve has lowered interest rates several times during 2019, which will affect the interest income from funds invested. Expenditures in all major funds are within acceptable ranges for the third quarter. The fiscal health of our fund balance, which enables us to absorb unexpected expenses, was both enhanced and tested during this past quarter. First, we received a check for $1.5 million from GEMA for expenses incurred in the 2014 ice storm. This check closes one of the two open projects. We are still awaiting for final FEMA/GEMA reimbursement on the remaining claim. The second event was the settlement of claims from the tragic loss of life that occurred in 2018 at Fleming Athletic Center. This settlement will allow the families and Augusta to move forward with the healing process. Our reports, charts, and subsequent discussions are intended to provide the governing body with information to measure the status of actual revenue and expenditures when compared to the 2019 budget. Additionally it provides important data with which we make projections of the government’s financial position at fiscal year-end. The 2020 budget process is ongoing, with a scheduled completion date of November 19, 2019. Current fiscal conditions, economic trends, and program priorities of the governing body will be incorporated into the framework of that document, thereby charting Augusta’s course of action for the next fiscal year. I hope this information along with the reports and narrative that follow are helpful. I will be happy to answer any questions that you might have. Sincerely Donna B. Williams, CGFM Finance Director Augusta Richmond County 535 Telfair Street, Suite 800, Augusta Georgia 30901 Office (706) 821-2429 Fax (706) 821-2520 WWW.AUGUSTAGA.GOV Augusta Richmond County Analysis of Operating Statements for Major Fund Groups as of September 30, 2019 1.GENERAL FUND (101) Revenues: Total revenue collections are 74.4% of the annual budget. The budget for ad valorem taxes represent $12.2 million or 13.5% of the total revenue budget of the General Fund. Property taxes are billed and recorded as revenue during the third quarter. Currently property taxes appear to be 2.0% higher than budgeted. Local sales tax revenue, after nine months of collections, is 7.64% above budget and 7.3% or $236K above sales tax collected by third quarter of 2018. Electric franchise fees received are 3.7% above budgeted amounts and $420K higher than amounts received through third quarter 2018. Revenue received from state courts continues to trend lower; year to date revenue is $405K less than the same period last year. Expenditures: Total expenditures are 72.1% of the annual budget, compared to 70.6% for the same period last year. Budgets for fuel costs are monitored closely, and at the end of the third quarter actual costs are below budget levels at 58.6%. The 2nd and 3rd quarters normally experience a higher usage of fuel, so projected full year cost is less than budget. Expenditures for salaries and employee benefits are 75.7%, near the target of 75%. 2.URBAN SERVICES (271) Revenues: Total revenue is 91.6% of the annual budget as compared to 90.7% for the same period last year. Ad valorem tax collections in the Urban Service District are used to pay for services such as Fire Protection, Garbage Collection and Street Lights. Street Lights are paid for separately as either mill rates or fees in the Suburban district. At the end of third quarter, with nine months of collections received, local sales tax revenue is 5.9% above budgeted levels and 6.6% ahead of the same period of 2018. Expenditures: Operating transfers out represent a bulk of the outflows in the Urban Service District. Transfers out to other funds which are supported by tax collections are posted to match the timing of expenditures with the booking of tax revenue. Operating expenditure levels are below the target range of 75%, at 1.7% which is normal for third quarter. No unusual variances were noted. 1 of 24 Augusta Richmond County Analysis of Operating Statements for Major Fund Groups as of September 30, 2019 3. LAW ENFORCEMENT (273) Revenues: Total revenue is 90.2% of the annual budget as compared to 91.4% for the same period last year. Other revenues relating to inmate population such as inmate commissary sales are currently projected slightly above budgeted levels. Expenditures: Total operating expenditures are slightly above the 75% budget target at 77.0%. Personnel cost is 74.9% of budget; the savings from 71 open positions offsets higher overtime and increased workers compensation costs. Fuel costs are budgeted at $1.4 million and are below the targeted range at 52.4% for the third quarter. Expenditure items directly related to prisoner population are at 72.6% of budgeted levels. Medical costs for prisoners are at 67.5% of annual budget. 4. FIRE PROTECTION (274) Revenues: Revenue for the third quarter is 38.7% as compared to 36.9% for the same period last year. Insurance premium tax revenue, which is 61.3% of the total revenue for this fund, was received from the state in mid-October and is $14.9 million or 6.2% higher than budgeted. Expenditures: Total expenditures at the end of the third quarter are at 69.4%, below the target range of 75%. Personnel related expenditures, which comprise 85.7% of the total budget are slightly below budget at 71.0%. Use of the overtime budget at 115.5% of the annual budget due to the need to cover 37 open positions. Previous year overtime was 51.5% of budget at the end of third quarter during which there were 10 open positions. 5. WATER AND SEWERAGE (506-514) Revenues: Revenues billed for services are at 72.6% of annual budget, or $66.4 million. During the same period in 2018, the percentage was 75.1% or $64.9 million. Expenditures: Total expenditures are well within the targeted range of 75% at 37.9% of the annual budget, compared to 33.2% of budget in previous year. Personnel cost is at 64.3% of annual budget. No other major variances were noted. 2 of 24 Augusta Richmond County Analysis of Operating Statements for Major Fund Groups as of September 30, 2019 6. GARBAGE COLLECTION (542) Revenues: Garbage collection services billed with ad valorem taxes were at 100.3% of budget, compared to 98.1% last year. Expenditures: Total expenditures are 67.2% of the annual budget, compared to 67.2% for the same period last year. No other major variances were noted. 7. AUGUSTA REGIONAL AIRPORT (551) Revenues: Revenues billed for services are 80.6% of annual budget, or $15.5 million. During the same period in 2018, the percentage was 76.2% or $14.5 million. Passenger volume is seasonal, with higher volumes in summer and during holidays and special events. Expenditures: Total expenditures, excluding depreciation and capital spending, are at 58.9% of the annual budget, compared to 62.1% as of third quarter last year. Personnel cost is at 75.8% of annual budget, slightly higher than the 75.0% level at third quarter last year. Fuel and energy costs are at 64.3% of annual budget. No other major variances were noted. 8. STORMWATER UTILITY (581) Revenues: Revenues billed for services are 70.7% of annual budget or $10.1 million. During the same period in 2018, the percentage was 76.4% or $10.3 million. The accounts receivable balance at the end of the third quarter was $3.8 million, of that amount $2.6 million is 90 days or older. This compares to an accounts receivable balance of $3.7 million, with $2.4 million being 90 days or older for the same period in 2018. Collections rates have improved since inception as presented below: Expenditures: Total expenditures are 56.1% of the annual budget. Personnel costs are at 74.3% of budget. No other major variances were noted. Year Collection Rate 2016 89.0% 2017 94.0% 2018 96.2% 3 of 24 Augusta Richmond County Analysis of Operating Statements for Major Fund Groups as of September 30, 2019 Notes to the financial reports Third Quarter indicators: As Ad Valorem taxes are billed and revenues are recorded in the third quarter, total revenue percentages may be skewed toward an enhanced favorable variance. As a result, expenditure levels against budget are used as key indicators to monitor financial position. Basis of Accounting: The attached financial reports are presented on the cash basis of accounting which differs from the annual financial audit which is presented using the modified accrual basis of accounting. The most significant difference between cash basis and modified accrual basis of accounting is the recording of accrued expenditures and revenue. We have determined that any potential benefit that may be derived from preparing the financial reports on a modified accrual basis would be lost by the amount of resources that would be required to prepare the financial reports on this basis. 4 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) GENERAL FUND Budget Actual % of Budget Budget Actual % of Budget Revenue Taxes 58,991,280$ 47,039,490$ 79.74%56,377,290$ 44,704,303$ 79.29% Licenses and Permits 1,671,880 1,115,112 66.70%1,623,860 1,118,602 68.89% Intergovernmental Revenue 2,957,740 2,121,653 71.73%2,938,450 2,064,938 70.27% Charges for Services 20,584,720 13,275,714 64.49%19,695,560 12,980,754 65.91% Fines and Forfeitures 4,009,500 2,170,853 54.14%4,711,000 2,501,350 53.10% Investment Income 1,300,650 1,070,839 82.33%475,650 1,008,929 212.12% Contributions and Donations 27,000 23,484 86.98%47,000 41,548 88.40% Miscellaneous Revenue 835,300 725,832 86.89%822,950 563,528 68.48% Other Financing Sources Property Sale 250,000 142,099 56.84%250,000 197,305 78.92% Fund Balance Appropriation / Carryforward 338,060 - 0.00%409,760 - 0.00% Total Revenue 90,966,130 67,685,076 74.41%87,351,520 65,181,257 74.62% Expenditures Personal Services and Employee Benefits 53,039,360 40,156,037 75.71%51,289,930 38,080,382 74.25% Purchased/Contract Services 16,345,920 10,836,260 66.29%15,890,060 10,356,130 65.17% Supplies 9,718,610 5,593,017 57.55%9,242,810 5,738,946 62.09% Capital Outlay - - 0.00%113,000 10,241 9.06% Interfund/Interdepartmental 1,915,500 1,272,953 66.46%1,630,820 1,193,206 73.17% Other Costs 5,830,640 4,739,433 81.28%5,889,130 4,172,607 70.85% Cost Reimbursement (65,410) (77,180) 117.99%(181,690) (284,547) 156.61% Non-Departmental (38,990) - 0.00%84,840 - 0.00% Total Expenditures 86,745,630 62,520,520 72.07%83,958,900 59,266,965 70.59% Excess (deficiency) of revenues over (under) expenditures from operations 4,220,500 5,164,556 122.37%3,392,620 5,914,292 174.33% Other Financing Sources (uses) Transfers in 7,976,210 5,982,158 75.00%7,951,950 5,914,883 74.38% Transfers out 12,196,710 8,418,392 69.02%11,344,570 7,951,663 70.09% Total other financing sources (uses)(4,220,500) (2,436,234) 57.72%(3,392,620) (2,036,780) 60.04% Excess (deficiency) of revenues over (under) expenditures -$ 2,728,322$ -$ 3,877,512$ September 30, 2018September 30, 2019 5 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) URBAN SERVICE DISTRICT Budget Actual % of Budget Budget Actual % of Budget Revenue Taxes 9,751,230$ 8,861,847$ 90.88%9,645,450$ 8,715,480$ 90.36% Investment Income 7,500 74,890 998.53%7,500 42,616 568.21% Total Revenue 9,758,730 8,936,737 91.58%9,652,950 8,758,096 90.73% Expenditures Personal Services and Employee Benefits 10,050 3,469 34.52%10,140 3,345 32.99% Interfund/Interdepartmental 11,240 8,430 75.00%11,650 8,737 75.00% Non-Departmental 682,200 - 0.00%689,200 - 0.00% Total Expenditures 703,490 11,899 1.69%710,990 12,082 1.70% Excess (deficiency) of revenues over (under) expenditures from operations 9,055,240 8,924,838 98.56%8,941,960 8,746,014 97.81% Other Financing Sources (uses) Transfers out 9,055,240 3,514,975 38.82%8,941,960 2,867,330 32.07% Total other financing sources (uses)(9,055,240) (3,514,975) 38.82%(8,941,960) (2,867,330) 32.07% Excess (deficiency) of revenues over (under) expenditures -$ 5,409,863$ -$ 5,878,684$ September 30, 2018September 30, 2019 6 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) LAW ENFORCEMENT Budget Actual % of Budget Budget Actual % of Budget Revenue Taxes 58,661,120$ 53,802,446$ 91.72%56,203,270$ 52,006,951$ 92.53% Licenses and Permits 2,500 1,800 72.00%2,500 1,000 40.00% Charges for Services 1,071,000 678,392 63.34%1,031,500 700,457 67.91% Fines and Forfeitures 400,000 162,899 40.72%417,500 215,010 51.50% Investment Income (85,000) (286,349) 336.88%(60,000) (199,338) 332.23% Miscellaneous Revenue 270,000 105,699 39.15%10,000 4,784 47.84% Other Financing Sources Property Sales 100,000 34,045 34.05%325,400 290,306 89.22% Fund Balance Appropriations - - 0.00%48,100 - 0.00% Total Revenue 60,419,620 54,498,932 90.20%57,978,270 53,019,170 91.45% Expenditures Personal Services and Employee Benefits 43,636,080 32,720,926 74.99%43,655,540 31,275,246 71.64% Purchased/Contract Services 1,146,980 978,674 85.33%1,154,150 829,297 71.85% Supplies 10,250,090 6,899,310 67.31%9,622,790 6,984,014 72.58% Capital Outlay 48,100 - 0.00%106,450 76,450 71.82% Interfund/Interdepartmental 5,233,400 3,779,356 72.22%5,187,320 3,836,249 73.95% Cost Reimbursement - - 0.00%(250,000) (98,597) 39.44% Non-Departmental (2,715,280) - 0.00%(4,059,570) - 0.00% Total Expenditures 57,599,370 44,378,266 77.05%55,416,680 42,902,659 77.42% Excess (deficiency) of revenues over (under) expenditures from operations 2,820,250 10,120,666 358.86%2,561,590 10,116,511 394.93% Other Financing Sources (uses) Transfers in 3,221,180 2,432,057 75.50%3,096,710 2,537,533 81.94% Transfers out 6,041,430 4,531,073 75.00%5,658,300 4,255,913 75.22% Total other financing sources (uses)(2,820,250) (2,099,016) 74.43%(2,561,590) (1,718,380) 67.08% Excess (deficiency) of revenues over (under) expenditures -$ 8,021,650$ -$ 8,398,131$ September 30, 2019 September 30, 2018 7 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) FIRE PROTECTION Full Year Budget YTD Actual % of Budget Full Year Budget YTD Actual % of Budget Revenue Taxes 22,125,700$ 8,170,526$ 36.93%21,803,470$ 8,044,410$ 36.90% Licenses and Permits - 1,374 0.00%- 4,338 0.00% Intergovernmental Revenue 596,870 447,653 75.00%596,980 447,735 75.00% Charges for Services 187,980 172,942 92.00%187,980 119,404 63.52% Investment Income 100,000 166,846 166.85%25,000 82,326 329.30% Contributions and Donations - - 0.00%- 1,900 0.00% Miscellaneous Revenue - - 0.00%- 2,523 0.00% Other Financing Sources Property Sales - 6,954 0.00%- - 0.00% Capital Project Carry forward - - 0.00%156,000 - 0.00% Fund Balance Appropriation 132,520 - 0.00%837,020 - 0.00% Total Revenue 23,143,070 8,966,295 38.74%23,606,450 8,702,636 36.87% Expenditures Personal Services and Employee Benefits 25,008,260 17,762,975 71.03%23,524,130 17,008,766 72.30% Purchased/Contract Services 941,840 629,916 66.88%904,260 560,721 62.01% Supplies 1,670,580 962,912 57.64%1,706,720 989,286 57.96% Capital Outlay 182,520 30,805 16.88%1,108,020 981,569 88.59% Interfund/Interdepartmental 1,004,560 750,564 74.72%1,031,320 770,634 74.72% Other Costs 35,000 35,000 100.00%130,280 47,775 36.67% Non-Departmental 205,620 - 0.00%680,480 - 0.00% Total Expenditures 29,048,380 20,172,172 69.44%29,085,210 20,358,751 70.00% Excess (deficiency) of revenues over (under) expenditures from operations (5,905,310) (11,205,877) 189.76%(5,478,760) (11,656,115) 212.75% Other Financing Sources (uses) Transfers in 6,278,500 2,069,625 32.96%5,778,500 1,944,625 33.65% Transfers out 373,190 279,893 75.00%299,740 224,805 75.00% Total other financing sources (uses)5,905,310 1,789,732 30.31%5,478,760 1,719,820 31.39% Excess (deficiency) of revenues over (under) expenditures -$ (9,416,145)$ -$ (9,936,295)$ September 30, 2019 September 30, 2018 8 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) WATER SEWERAGE Budget Actual % of Budget Budget Actual % of Budget Revenue Intergovernmental Revenue 8,795,240$ 11,242,101$ 127.82%7,507,250$ 4,521,056$ 60.22% Charges for Services 91,344,950 66,354,719 72.64%86,524,590 64,949,930 75.07% Investment Income 65,570 388,670 592.76%4,617,630 212,570 4.60% Contributions and Donations - - 0.00%- - 0.00% Miscellaneous Revenue 421,920 432,988 102.62%358,870 439,943 122.59% Other Financing Sources: Property Sales 35,000 9,278 26.51%35,000 29,921 85.49% Revenue Bond Proceeds 1,136,050 0.00%1,867,740 - 0.00% Capital Project Carry forward 68,209,140 - 0.00%78,014,180 - 0.00% Total Revenue 170,007,870 78,427,756 46.13%178,925,260 70,153,420 39.21% Expenditures Personal Services and Employee Benefits 21,634,300 13,903,159 64.26%20,887,930 13,308,296 63.71% Purchased/Contract Services 22,500,460 9,154,280 40.68%23,520,920 7,941,561 33.76% Supplies 12,036,160 7,443,535 61.84%11,988,190 6,413,059 53.49% Capital Outlay 57,003,110 8,673,166 15.22%47,987,680 6,769,794 14.11% Interfund/Interdepartmental 11,156,150 8,374,275 75.06%10,820,800 8,117,307 75.02% Depreciation/Amortization 22,327,410 14,250,000 63.82%30,488,210 13,896,036 45.58% Other Costs 1,261,500 934,844 74.11%1,325,160 944,517 71.28% Debt Service 21,757,150 1,552,660 7.14%31,633,450 1,861,872 5.89% Total Expenditures 169,676,240 64,285,919 37.89%178,652,340 59,252,442 33.17% Excess (deficiency) of revenues over (under) expenditures from operations 331,630 14,141,837 4264.34%272,920 10,900,978 3994.20% Other Financing Sources (uses) Transfers in - - 0.00%- - 0.00% Transfers out 331,630 248,722 75.00%272,920 204,690 75.00% Total other financing sources (uses)(331,630) (248,722) 75.00%(272,920) (204,690) 75.00% Excess (deficiency) of revenues over (under) expenditures -$ 13,893,115$ -$ 10,696,288$ September 30, 2018September 30, 2019 9 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) GARBAGE COLLECTION Budget Actual % of Budget Budget Actual % of Budget Revenue Charges for Services 19,902,500.00$ 20,055,705.00$ 100.77%19,915,840.00$ 19,507,515.00$ 97.95% Investment Income 45,000 119,068 264.60%26,710 63,428 237.47% Miscellaneous Revenue - - 0.00%- 167 0.00% Capital Project Carry forward 166,250 - 0.00%- - 0.00% Total Revenue 20,113,750 20,174,773 100.30%19,942,550 19,571,110 98.14% Expenditures Personal Services and Employee Benefits 1,652,730 863,509 52.25%1,133,820 852,375 75.18% Purchased/Contract Services 15,445,430 10,434,949 67.56%15,295,460 10,218,547 66.81% Supplies 1,488,720 865,044 58.11%1,903,790 1,210,434 63.58% Capital Outlay 166,250 281,075 169.07%- 61,566 0.00% Interfund/Interdepartmental 1,740,560 1,305,596 75.01%1,743,140 1,307,288 75.00% Depreciation/Amortization 487,410 398,790 81.82%454,600 371,943 81.82% Other Costs 230,000 100,722 43.79%467,390 83,542 17.87% Non-Departmental (290) - 0.00%- - 0.00% Total Expenditures 21,210,810 14,249,685 67.18%20,998,200 14,105,695 67.18% Excess (deficiency) of revenues over (under) expenditures from operations (1,097,060) 5,925,088 -540.09%(1,055,650) 5,465,415 -517.73% Other Financing Sources (uses) Transfers in 1,114,630 278,658 25.00%1,067,130 298,032 27.93% Transfers out 17,570 13,178 75.00%11,480 8,610 75.00% Total other financing sources (uses)1,097,060 265,480 24.20%1,055,650 289,422 27.42% Excess (deficiency) of revenues over (under) expenditures -$ 6,190,568$ -$ 5,754,837$ September 30, 2019 September 30, 2018 10 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) AUGUSTA REGIONAL AIRPORT Budget Actual % of Budget Budget Actual % of Budget Revenue Intergovernmental Revenue 25,344,930$ 6,887,016$ 27.17%35,237,550$ 9,200,119$ 26.11% Charges for Services 19,272,310 15,543,862 80.65%18,986,660 14,463,756 76.18% Investment Income 45,500 297,532 653.92%46,600 (93,175) -199.95% Contributions and Donations 273,000 - 0.00%- - 0.00% Miscellaneous Revenue - 46,844 0.00%- 34,613 0.00% Other Financing Sources Property Sales 25,000 37,929 151.72%25,000 17,129 68.52% Fund Balance Appropriations 12,794,570 - 0.00%14,704,490 - 0.00% Total Revenue 57,755,310 22,813,183 39.50%69,000,300 23,622,442 34.24% Expenditures Personal Services and Employee Benefits 6,495,700 4,922,420 75.78%6,507,320 4,883,766 75.05% Purchased/Contract Services 3,861,050 1,768,337 45.80%3,503,520 1,780,441 50.82% Supplies 4,134,500 2,934,575 70.98%4,251,650 2,985,988 70.23% Capital Outlay 37,239,980 9,102,542 24.44%49,198,920 10,038,162 20.40% Interfund/Interdepartmental 416,250 312,574 75.09%412,700 309,525 75.00% Depreciation/Amortization 3,145,820 - 0.00%3,145,820 - 0.00% Debt Service 876,250 236,458 26.99%875,500 245,750 28.07% Non-Departmental 1,481,670 - 0.00%881,340 - 0.00% Total Expenditures 57,651,220 19,276,906 33.44%68,776,770 20,243,632 29.43% Excess (deficiency) of revenues over (under) expenditures from operations 104,090 3,536,277 3397.33%223,530 3,378,810 1511.57% Other Financing Sources (uses) Transfers in 150,000 - 0.00%- - 0.00% Transfers out 254,090 60,143 23.67%223,530 49,147 21.99% Total other financing sources (uses)(104,090) (60,143) 57.78%(223,530) (49,147) 21.99% Excess (deficiency) of revenues over (under) expenditures -$ 3,476,134$ -$ 3,329,663$ September 30, 2019 September 30, 2018 11 of 24 AUGUSTA GEORGIA Statement of Revenues and Expenditures - Cash Basis For the Periods ended 9/30/2019 and 9/30/2018 (unaudited) STORMWATER UTILITY Budget Actual % of Budget Budget Actual % of Budget Revenue Charges for Services 14,196,920$ 10,037,441$ 70.70%13,466,540$ 10,298,581$ 76.48% Investment Income - 37,657 0.00%- (20,838) 0.00% Other Financing Sources: Encumbrance Carry forward 1,791,870 - 0.00%2,694,400 - 0.00% Capital Project Carry forward - - 0.00%500,000 - 0.00% Total Revenue 15,988,790 10,075,098 63.01%16,660,940 10,277,743 61.69% Expenditures Personal Services and Employee Benefits 4,287,740 3,185,015 74.28%4,025,980 2,914,695 72.40% Purchased/Contract Services 7,443,870 3,578,358 48.07%7,930,310 4,014,087 50.62% Supplies 533,370 146,946 27.55%295,290 193,981 65.69% Capital Outlay 102,370 9,240 9.03%634,210 107,542 16.96% Interfund/Interdepartmental 2,385,020 1,757,501 73.69%2,590,610 1,797,226 69.37% Depreciation/Amortization 242,700 198,576 81.82%115,400 94,419 81.82% Other Costs 763,240 (31,775) -4.16%763,240 8,562 1.12% Non-Departmental (1,020) - 0.00%- 46,458 0.00% Total Expenditures 15,757,290 8,843,861 56.13%16,355,040 9,176,970 56.11% Excess (deficiency) of revenues over (under) expenditures from operations 231,500 1,231,237 531.85%305,900 1,100,773 359.85% Other Financing Sources (uses) Transfers out 231,500 44,685 19.30%305,900 85,822 28.06% Total other financing sources (uses)(231,500) (44,685) 19.30%(305,900) (85,822) 28.06% Excess (deficiency) of revenues over (under) expenditures -$ 1,186,552$ -$ 1,014,951$ September 30, 2019 September 30, 2018 12 of 24 Augusta Georgia Sales Tax Receipts as of September 30, 2019 Month Total Actual 1/1/19 to 9/30/19 2019 Budget YTD % Change from Prior Year % of Budget collected Budgeted Collection % General Fund 672,879.72 6,144,234.90 7,435,130.00 6.63%82.64%75.00% Law Enforcement 2,130,785.79 19,456,743.85 24,984,650.00 6.63%77.87%75.00% Urban 448,765.41 4,259,579.49 5,268,420.00 6.63%80.85%75.00% 3,397,747.02 30,933,681.52 37,200,000.00 6.31%83.16%75.00% CSRA Region 6,201,706.28 57,316,436.68 72,825,900.00 78.70%75.00% Augusta Revenue Generated 3,106,553.08 27,806,505.56 Revenue Received 318,208.18 2,946,213.10 3,400,000.00 86.65%75.00% September 30, 2019 September 30, 2019 $ Change % Change LOST 3,252,430.93 3,016,863.69 235,567.25 7.24% SPLOST 3,397,747.02 3,125,562.78 272,184.24 8.01% September 30, 2019 September 30, 2019 $ Change % Change LOST 29,860,558.24 27,881,075.09 1,979,483.15 6.63% SPLOST 30,933,681.52 28,980,879.87 1,952,801.65 6.31% LOST SPLOST T - SPLOST Comparative Revenue Collections For The Month Ended Year To Date 13 of 24 Augusta Georgia Sales Tax Revenue - LOST 2015 to 2019 January February March April May June July August September October November December 2019 3,048,326 3,045,332 3,312,990 4,263,741 3,385,280 3,141,754 3,250,462 3,160,242 3,252,431 --- 2018 2,717,479 2,622,349 3,432,190 3,924,368 2,995,352 3,090,231 3,082,912 2,999,331 3,016,864 3,264,989 3,189,311 3,672,612 2017 2,581,039 2,537,261 2,891,721 3,486,056 2,822,346 2,961,488 2,955,309 2,785,253 2,904,388 2,722,862 2,801,072 3,605,914 2016 2,510,586 2,695,933 2,935,915 3,490,702 2,718,885 2,792,342 2,730,288 2,659,557 2,810,389 2,794,589 2,717,142 3,380,807 2015 2,695,098 2,820,061 3,019,623 3,495,182 2,818,411 2,838,234 2,888,218 2,850,127 2,842,259 2,721,851 2,682,368 1,138,784 Average 2,710,505 2,744,187 3,118,488 3,732,010 2,948,055 2,964,810 2,981,438 2,890,902 2,965,266 2,876,073 2,847,473 2,949,529 2.00 2.50 3.00 3.50 4.00 4.50 Ta x R e v e n u e Mil l i o n s December 2015 amount was reduced by the refund to StandardAero of $2,246,693.43 14 of 24 Augusta Georgia Sales Tax Revenues - LOST 2019 and 2018 2.00 2.25 2.50 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 January February March April May June July August September October November December Mi l l i o n s 2019 2018 15 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 1992 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years' Cost Encumbrances Total Project Phase Projects Estimate Estimate Cost as of 9/30/19 as of 9/30/19 Cost Budget Phase II Rock Creek / Warren Lake Restoration $ - $ 1,245,608 $ 1,254,162 -$ $ - $ 1,254,162 $ - Phase II Wayfinding Signage Program $ - $ 1,200,000 $ 1,200,000 - - $ 1,200,000 - Phase II 3rd Level Canal cleaning 700,000 588,420 588,420 - $ 588,420 - Total Construction in Progress $ 700,000 $ 3,034,028 $ 3,042,582 $ - $ - $ 3,042,582 $ - Fund Balance 12/31/18 81,755 Current expenditures and project budgets - Available for project costs 81,755 Construction in Progress 16 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 1996 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years' Cost Encumbrances Total Project Phase Projects Estimate Estimate Cost as of 9/30/19 as of 9/30/19 Cost Budget Phase III Belair Road improvement $ 2,361,000 $ 2,361,000 $ 2,496,061 $ (212,830) $ 200 $ 2,283,431 $ 77,569 Phase III SR 4/15th @cr 2207(Central Ave) - 117,434 32,233 - - 32,233 85,201 Phase III Old Savannah Road/ Twigg Street 2,060,000 6,182,450 5,570,855 269,376 343,583 6,183,813 (1,363) Phase III Bobby Jones Expressway 165,000 115,461 115,461 - - 115,461 (0) Phase III Wrightsboro Road 1,984,000 3,072,151 2,993,598 - - 2,993,598 78,554 Phase III Marvin Griffin Road 1,375,600 4,882,034 3,086,449 104,446 166,716 3,357,611 1,274,424 Phase III Wilkerson Garden - 697,555 497,092 - 55,480 552,572 144,983 Phase III Kimberly Clark Industrial Park 2,215,000 2,215,633 2,165,219 12,292 - 2,177,511 38,122 Phase III Windsor Spring Rd Sec IV - 3,880,813 2,542,286 2,502 304,470 2,849,258 1,031,555 Phase III Windsor Spring Rd Sec V - 1,854,298 1,854,745 - - 1,854,745 (447) Phase III Dover-Lyman Project - 2,000,016 1,801,137 - - 1,801,137 198,879 Phase III Broad Street Sanitary Sewer - 240,447 144,004 - - 144,004 96,443 Phase III 6th Street handicap ramp 517,347 611,966 611,966 - - 611,966 0 Phase III Hyde Park Drainage Improvements - 1,207,619 1,206,516 - - 1,206,516 1,103 Phase III Paving - Pats lane Projects - 167,200 146,881 - 20,284 167,165 35 Phase III Frontage Road Resurfacing - 229,335 229,335 - - 229,335 - Total Construction in Progress $ 10,677,947 $ 30,088,694 $ 25,493,837 $ 175,786 $ 890,732 $ 26,560,355 $ 3,025,058 Fund Balance 12/31/18 3,979,167 Current expenditures and project budgets 3,891,575 Available for project costs 87,592 Construction in Progress 17 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 2001 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years' Cost Encumbrances Total Project Phase Projects Estimate Estimate Cost as of 9/30/19 as of 9/30/19 Cost Budget Phase IV JLEC reroofing and improvements $ 395,500 $ 413,347 $ 204,666 $ - $ - $ 204,666 $ 208,681 Phase IV JLEC improvements 565,000 977,681 626,532 - - 626,532 351,149 Phase IV Miscellaneous grading & drainage 4,650,000 3,902,934 3,902,934 - - 3,902,934 - Phase IV Resurfacing County Forces 5,975,000 1,543,542 1,543,542 - - 1,543,542 - Phase IV Resurfacing 8,500,000 9,168,776 9,168,776 - - 9,168,776 - Phase IV Rail Road crossing improvement 750,000 101,238 101,238 - - 101,238 - Phase IV Downtown traffic signal & street light- upgrades-A (Broad Street Area) 2,656,200 3,358,969 3,333,153 - - 3,333,153 25,816 Phase IV Downtown traffic signal & street light upgrades-B (Telfair Street Area) 1,469,000 1,268,056 1,268,056 - - 1,268,056 - Phase IV Wrightsboro Road Widening Phase I 3,143,700 1,730,977 1,331,932 - - 1,331,932 399,045 Phase IV Springfield Village 200,000 200,000 200,000 - - 200,000 - Phase IV Paving various dirt roads 1,000,000 346,883 346,883 - - 346,883 - Phase IV East Boundary Street & drainage improvements 1,318,700 171,413 171,413 - - 171,413 - Phase IV Wrightsboro Road improvements 1,500,000 1,514,968 1,514,968 13,396 - 1,528,364 (13,396) Phase IV Walton Way Extension / Davis Road 350,000 1,208,854 1,082,892 - - 1,082,892 125,962 Phase IV Windsor Spring Road Section IV 1,250,000 1,469,258 1,469,258 - - 1,469,258 0 Phase IV Windsor Spring Rd Section V(SR88 Hepzibah - 7,484 7,484 - - 7,484 - Phase IV St. Sebastian Way/Greene St/ 15th Street - 615,600 - - - - 615,600 Phase IV Berkmans Road Utitites Relocation - 767,500 - 301,609 465,838 767,447 53 Phase IV Recapture - Utilities Projects - 669,571 - - - - 669,571 Phase IV Traffic improvement 621,500 839,626 839,626 - - 839,626 - Phase IV ANIC/Hopkins Street Improvements 2,000,000 1,333,550 1,074,423 - - 1,074,423 259,127 Phase IV Windsor Spring Road Section IV (Willis Foreman 678,000 1,859,415 1,859,413 - - 1,859,413 2 Phase IV DDA - 859,248 791,157 - - 791,157 68,091 Phase IV St Sebastian Way/Greene St - 722,700 208,853 - - 208,853 513,847 Phase IV Lake Aumond Dam Improvements - 121,204 108,221 - - 108,221 12,983 Phase IV Belair Hills Estate 7,147,174 7,147,174 - - 7,147,174 (0) Phase IV Windsor Spring Rd Section V(SR88 Hepzibah - 1,102,789 1,093,365 - - 1,093,365 9,424 Phase IV Augusta Museum of History - 1,135,500 1,133,616 - - 1,133,616 1,884 Phase IV Willis Foreman Road Bridge Study - 155,773 155,773 - - 155,773 - Phase IV Willis Foreman Road Bridge - 1,558,209 1,558,209 - - 1,558,209 - Phase IV Paving Various Roads - Phase X - 1,979,567 1,979,567 - - 1,979,567 - Phase IV Augusta Levee Certification - 1,140,518 1,064,622 - - 1,064,622 75,896 Phase IV Rocky Creek Drainage Project - 3,857,295 873,450 - - 873,450 2,983,845 Phase IV Bus Barn - 4,397,356 4,397,357 - - 4,397,357 (1) Phase IV Industry Infrastructure - 822,627 785,408 - - 785,408 37,219 Phase IV On Call Construction Services 100,271 271,162 271,162 - - 271,162 (0) Phase IV Dover Lyman - 2,396,370 2,396,370 - - 2,396,370 - Phase IV On Call Appraisal Services 120,000 117,164 117,164 - - 117,164 - Phase IV Wrightsboro Road Drainage - 806,300 806,242 - - 806,242 58 Phase IV East Augusta - Marion Homes - 1,781,600 - 752,590 1,029,007 1,781,597 3 Phase IV Marvin Griffin Road - 952,600 317,626 13,075 - 330,701 621,899 Phase IV Resurfacing Various Roads - 2,000,000 - - - - 2,000,000 Phase IV Traffic improvements - 500,000 - - - - 500,000 Phase IV Tree Removal, Pruning & Repalcements - 241,650 - - - - 241,650 Phase IV Frontage Road - 809,284 809,284 - - 809,284 - Total Construction in Progress $ 37,242,871 $ 68,345,732 $ 56,061,807 $ 1,080,671 $ 1,494,845 $ 58,637,323 $ 9,708,409 Fund Balance 12/31/18 15,927,490 Current expenditures and project budgets 12,283,925 Available for project costs 3,643,565 Construction in Progress 18 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 2006 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years' Cost Encumbrances Total Project Phase Projects Estimate Estimate Cost as of 9/30/19 as of 9/30/19 Cost Budget Phase V Exhibit Hall $ 20,000,000 $ 29,708,450 $ 29,116,263 $ 336,052 $ - $ 29,452,314 $ 256,136 Phase V Redundant Fiber Ring 1,000,000 947,254 924,503 - - 924,503 22,751 Phase V Digital Othophotography 286,480 445,504 443,853 - - 443,853 1,651 Phase V Wireless Access Point 200,000 202,079 201,097 - - 201,097 982 Phase V Software Application Consolidation 1,000,000 377,850 5,412 - 383,262 616,738 Phase V Disaster Recovery Plan 400,000 412,146 404,664 - - 404,664 7,482 Phase V Flood Land Acquisition 500,000 1,960,000 1,957,882 - - 1,957,882 2,118 Phase V Wrightsboro Road Project 4,000,000 6,900,000 892,235 1,891,845 4,104,476 6,888,556 11,444 Phase V Marks Church Road Improvement 2,500,000 3,800,000 1,861,987 339,736 1,592,145 3,793,868 6,132 Phase V D'Antignac Street Flood Avoidance 1,000,000 4,837,815 4,835,602 - - 4,835,602 2,213 Phase V Augusta Soccer Park 180,000 180,077 165,629 - - 165,629 14,448 Phase V Apple Valley Park 315,000 300,554 300,554 - - 300,554 - Phase V WT Johnson Park 67,500 63,636 63,636 - - 63,636 - Phase V MM Scott Park 270,000 233,923 233,923 - - 233,923 - Phase V Valley Park 22,500 22,541 13,345 - - 13,345 9,196 Phase V Land Acquisition 180,000 230,194 230,194 - - 230,194 - Phase V Dyess Park 63,000 63,007 33,229 - - 33,229 29,778 Phase V Brookfield Park 45,000 41,294 41,294 - - 41,294 - Phase V Lake Olmstead Park 207,000 205,849 205,849 - - 205,849 - Phase V Blythe Park 180,000 223,000 214,848 - - 214,848 8,152 Phase V Meadowbrook Park 108,000 91,528 91,528 - - 91,528 0 Phase V Administration - Recreation 500,000 643,572 643,572 - - 643,572 - Phase V Old Government House 45,000 40,700 40,700 - - 40,700 - Phase V Carrie Mays Park - CNG Remediation - 342,400 342,400 - - 342,400 - Phase V Doughty Park 27,000 16,430 16,430 - - 16,430 0 Phase V Fleming Park 67,500 62,882 62,882 - - 62,882 - Phase V Hickman Park 27,000 4,240 4,240 - - 4,240 - Phase V Aquatics Center 90,000 86,574 86,574 - - 86,574 - Phase V Boykin Road Park 27,000 27,000 - - - - 27,000 Phase V Eisenhower Park 45,000 44,405 44,405 - - 44,405 - Phase V Warren Road Park 31,500 29,976 29,976 - - 29,976 - Phase V Brigham Park Tennis Courts - 15,407 15,407 - - 15,407 - Phase V Recreation recapture - 140,975 - - - - 140,975 Phase V Lucy Craft Laney Museum 200,000 203,036 184,734 - - 184,734 18,302 Phase V Recreation, Historic, Cultural and Other Buildings 400,000 405,010 200,298 - - 200,298 204,712 $ 32,984,480 $ 55,713,058 $ 44,281,582 $ 2,573,044 $ 5,696,620 $ 52,551,247 $ 3,161,811 Fund Balance 12/31/18 11,306,013 Current expenditures and project budgets 11,431,476 Available for project costs 274,537 Construction in Progress 19 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 2009 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years Cost Encumbrances Total Project Phase Projects Estimate Estimate Costs as of 9/30/19 as of 9/30/19 Cost Budget Phase VI Webster Detention Center - Phase IIA $ 18,000,000 $ 17,230,000 17,227,817$ -$ -$ 17,227,817$ 2,183$ Phase VI Boathouse Community Facility 450,000 450,000 437,464 - - 437,464 12,536 Phase VI Lake Olmstead Casino 500,000 500,000 118,775 - - 118,775 381,225 Phase VI Lake Olmstead BBQ Pit 100,000 100,000 51,381 - - 51,381 48,619 Phase VI Butler Creek Park 500,000 800,000 854,692 - - 854,692 (54,692) Phase VI Baurle Boat Ramp 55,000 55,000 44,977 - - 44,977 10,023 Phase VI Bush Field 8,500,000 8,500,000 7,086,414 16,229 52,036 7,154,680 1,345,320 Phase VI Daniel Field 2,000,000 2,000,000 2,000,000 - - 2,000,000 - Phase VI Program Administration 2,000,000 2,000,000 1,209,968 - - 1,209,968 790,032 Phase VI Grading and Drainage Projects 3,600,000 3,600,000 3,540,825 41,796 155,780 3,738,402 (138,402) Phase VI Marvin Griffin Road 4,000,000 5,861,700 2,312,262 1,594,442 1,931,252 5,837,956 23,744 Phase VI East Augusta St. & Drainage Imp.3,200,000 3,900,000 3,900,554 20,558 109,333 4,030,446 (130,446) Phase VI Berckman Rd. Realignment 400,000 400,000 415,596 - - 415,596 (15,596) Phase VI Old McDuffie Rd.672,000 672,000 8,249 - - 8,249 663,752 Phase VI Hyde Park St. & Drg Imp.1,600,000 4,500,000 4,498,799 639 - 4,499,437 563 Phase VI Westside Dr. Drg. Imp.480,000 480,000 - - - - 480,000 Phase VI Marks Church Road over Raes Creek 800,000 800,000 - 662,100 137,899 800,000 0 Phase VI North Leg over CSX Railroad 800,000 800,000 - - - - 800,000 Phase VI Berckman Rd. over Raes Creek 800,000 800,000 380,626 4,088 - 384,714 415,286 Phase VI Scotts Way over Raes Creek 800,000 - - - - - - Phase VI Old Waynesboro Rd. over Spirit Creek 800,000 800,000 801,675 - 447,435 1,249,110 (449,110) Phase VI 7th Street over Augusta Canal 800,000 - - - - - - Phase VI Storm water Utility Implementation Program 2,800,000 2,800,000 2,813,801 69,242 18,214 2,901,257 (101,257) Phase VI On-Call Emergency Design Services 108,000 - - - - - - Phase VI On-Call Emergency Appraisal Services 40,000 26,602 26,602 - - 26,602 - Phase VI On-Call Emergency Construction Services 800,000 800,000 598,056 - 166,010 764,066 35,934 Phase VI Traffic Sign Upgrade Program 240,000 196,179 196,179 - - 196,179 (0) Phase VI Lake Olmstead Dredging 3,200,000 3,200,000 - - - - 3,200,000 Phase VI Hyde Park (Martin Luther King Drive)1,000,000 2,400,000 2,411,524 - - 2,411,524 (11,524) Phase VI Rocky Creek Drainage Plan 2,800,000 2,800,000 1,061,296 320,781 588,722 1,970,800 829,200 Phase VI Suburban Forces-Resurfacing 2,400,000 1,307,959 1,307,959 - - 1,307,959 (0) Phase VI Tree Removal, Pruning and Replacement 800,000 1,088,062 1,088,062 - - 1,088,062 - Phase VI Sidewalks-Rehab-Replacement 800,000 578,376 578,376 - - 578,376 0 Phase VI Curb Cuts and Sidewalks 400,000 650,000 653,434 - 79,972 733,406 (83,406) Phase VI Resurfacing - Contracts 2,400,000 2,150,000 1,294,349 51,917 2,346 1,348,612 801,388 Phase VI General Bridge Rehab and Maintenance 2,400,000 4,300,000 3,532,490 673,678 21,881 4,228,049 71,951 Phase VI Walton Way Signal Phase 2 and Streetlight Upgrade 640,000 640,000 132,343 73,250 - 205,593 434,407 Phase VI Gordon Highway Lighting Upgrade 1,200,000 1,025,000 - 1,025,000 - 1,025,000 - Phase VI Reynolds Street Signal Improvements 460,000 108,771 108,771 - - 108,771 (0) Phase VI Signal Upgrades 1,000,000 - - - - - - Phase VI Intersection Safety and Operational Initiative 2,040,000 733,076 733,076 - - 733,076 (0) Phase VI Berckmans road over Reas Creek - 1,625,000 - - 1,471,700 1,471,700 153,300 Phase VI Woodbine Road Improvement 1,200,000 - - - - - - Phase VI Dover-Lyman Street & Drainage Improvement 1,600,000 1,600,000 - - - - 1,600,000 Phase VI I-20 Eastbound Riverwatch Ramp 1,100,000 595,301 264,282 - - 264,282 331,019 Phase VI 15th Street Pedestrian Improvements 800,000 800,000 750,564 - - 750,564 49,436 Construction in Progress 20 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 2009 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years Cost Encumbrances Total Project Phase Projects Estimate Estimate Costs as of 9/30/19 as of 9/30/19 Cost Budget Phase VI Resurfacing - LMIG Supplement - 2,500,000 - - - - 2,500,000 Phase VI Resurfacing various roads - 1,300,000 - - - - 1,300,000 Phase VI Sidewalks-Rehab-Replacement - 500,000 - - - - 500,000 Phase VI Wilkinsin Garden Area (Hyde Park)- 2,500,000 - - - - 2,500,000 Phase VI Willis Forman Road Improvements - 1,450,000 - - - - 1,450,000 Phase VI Intersection Safety and Upgrades - 500,000 - 192,295 - 192,295 307,705 Phase VI Street lighting upgrades - 750,000 - - - - 750,000 Phase VI Tree Removal, Pruning and Replacement - 220,900 - 5,760 175,670 181,430 39,470 Phase VI Administration - Engineering 10,770,000 8,216,402 8,216,402 - - 8,216,402 0 Phase VI Garden City Beautification Project 500,000 500,000 252,986 - 7,797 260,783 239,217 Phase VI Emergency Fleet Replacement - (fire) 9,500,000 9,500,000 9,500,000 - - 9,500,000 - Phase VI Training Center Infrastructure 2,000,000 2,000,000 9,055 - - 9,055 1,990,945 Phase VI Public Safety Vehicles 7,500,000 7,500,000 7,784,825 (284,825) - 7,500,000 - Phase VI Library - Main Branch 1,000,000 1,000,000 994,132 (17,934) 471 976,669 23,331 Phase VI Library - Maxwell Branch 900,000 900,000 388,062 481,890 - 869,951 30,049 Phase VI Library - Friedman Branch 600,000 600,000 530,798 - 9,180 539,978 60,022 Phase VI Historic Augusta - Wilson & Larmar Historic Sites 125,000 125,000 113,687 - - 113,687 11,313 Phase VI The Augusta Theatre District Project - Miller Theatre 6,000,000 6,000,000 6,000,000 - - 6,000,000 - Phase VI Pendleton King Park Connectivity Improvements 200,000 200,000 200,000 - - 200,000 0 Phase VI Lucy Craft Laney Museum 600,000 600,000 - - - - 600,000 Phase VI Augusta Museum of History 600,000 600,000 599,926 - - 599,926 74 Phase VI Jessye Norman School of the Arts 95,000 95,000 95,000 - - 95,000 - Phase VI Imperial Theater 1,000,000 1,000,000 1,000,000 - - 1,000,000 - Phase VI Boys & Girls Club - EW Hegler Club Renovations 500,000 500,000 500,000 - - 500,000 - Phase VI Augusta Urban Ministries 175,000 175,000 - - - - 175,000 Phase VI Downtown Infrastructure - Downtown Development Authority 1,200,000 1,200,000 1,065,559 - - 1,065,559 134,441 Phase VI Industrial Infrastructure - RDA 1,200,000 1,200,000 986,940 213,087 - 1,200,027 (27) Phase VI Canal Improvements - Augusta Canal Authority 4,170,000 4,170,000 4,170,000 - - 4,170,000 - Phase VI Municipal Building Renovations 18,000,000 32,635,850 32,635,850 - - 32,635,850 0 Phase VI Municipal Building Renovation - IT Building 7,000,000 6,960,025 6,960,006 - - 6,960,006 19 Municipal Building Campus 1,114,315 172,088 39,717 211,804 902,511 Phase VI Green Space - CSRA Land Trust 500,000 500,000 36,177 6,440 14,755 57,372 442,628 Phase VI Capital Equipment - Recreation 150,000 185,000 182,562 - - 182,562 2,438 Phase VI Existing Structures Improvements 895,000 490,000 488,957 400 - 489,357 643 Phase VI Augusta Common 100,000 140,000 104,700 - - 104,700 35,300 Phase VI Dyess Park 800,000 297,000 125,984 - 2,000 127,984 169,016 Phase VI May Park 150,000 150,000 148,620 - - 148,620 1,380 Phase VI Old Government House 200,000 200,000 33,389 698 - 34,087 165,913 Phase VI Elliot Park 100,000 100,000 50,132 - - 50,132 49,869 Phase VI Fleming Park 250,000 620,000 617,232 - - 617,232 2,768 Phase VI Fleming Tennis Center 600,000 250,000 41,718 - - 41,718 208,282 Phase VI Augusta Soccer Complex 150,000 150,000 23,980 - 13,289 37,269 112,731 Phase VI Diamond Lakes Regional Park 1,350,000 1,350,000 1,270,514 20,747 34,759 1,326,021 23,979 Phase VI Mc Duffie Woods Park 200,000 200,000 25,481 - - 25,481 174,519 21 of 24 Augusta Georgia Report of Projects funded through Special Purpose Local Option Sales Tax (SPLOST) Year Approved: 2009 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years Cost Encumbrances Total Project Phase Projects Estimate Estimate Costs as of 9/30/19 as of 9/30/19 Cost Budget Phase VI Augusta Golf Course 300,000 300,000 170,846 9,991 26,083 206,920 93,080 Phase VI H.H. Brigham Park 250,000 775,000 747,067 - - 747,067 27,933 Phase VI Valley Park 250,000 250,000 288,254 - - 288,254 (38,254) Phase VI Wood Park 50,000 50,000 - - - - 50,000 Phase VI Brookfield Park 100,000 100,000 35,884 10,672 - 46,556 53,444 Phase VI Eisenhower Park 100,000 100,000 44,080 - - 44,080 55,920 Phase VI Warren Road Park 150,000 150,000 150,257 - - 150,257 (257) Phase VI Blythe Community Center 500,000 500,000 249,108 - 11,037 260,145 239,855 Phase VI Jamestown Community Center 200,000 200,000 202,478 - - 202,478 (2,478) Phase VI Augusta Marina 50,000 50,000 50,708 - - 50,708 (708) Phase VI 4-H Camp 50,000 50,000 23,782 - - 23,782 26,218 Phase VI Tennis Courts Resurfacing 150,000 150,000 125,951 - 23,334 149,284 716 Phase VI Swimming Pool Renovations 900,000 575,000 256,598 15,297 22,083 293,978 281,022 Phase VI Recreation Master Plan 200,000 200,000 200,000 - - 200,000 - Phase VI Recreation Project Administration 1,000,000 1,100,000 1,091,121 - - 1,091,121 8,879 Phase VI Historic Structures - 503,000 485,651 - - 485,651 17,349 Phase VI South Augusta Transit Center 190,000 190,000 148,868 - - 148,868 41,132 Phase VI Augusta Public Transit Facilities - Renovations 125,000 1,125,000 76,656 - - 76,656 1,048,344 Phase VI Transit Vehicles 420,000 420,000 420,000 - - 420,000 - Phase VI Network Assessment Remediation 250,000 250,000 - 4,750 245,250 250,000 0 Phase VI Redundant Fiber Ring 250,000 250,000 - - - - 250,000 Phase VI Digital Orthophotography 500,000 500,000 408,781 - - 408,781 91,219 Phase VI Software Application Consolidation 1,000,000 1,000,000 604,263 39,898 304,172 948,333 51,667 Phase VI Carrie Mays Park CNG Remediation - 300,000 300,000 - - 300,000 - TOTAL 167,150,000$ 190,955,518$ 153,674,263$ 5,424,976$ 6,112,178$ 165,211,417$ 28,694,101$ Fund Balance 12/31/18 40,025,563 Current expenditures and project budgets 40,025,563 Available for project costs 0 22 of 24 Augusta Georgia Report of Projects funded throughSpecial Purpose Local Option Sales Tax (SPLOST) Year Approved: 2016 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years Cost Encumbrances Total Project Phase Projects Estimate Estimate Costs as of 9/30/19 as of 9/30/19 Cost Budget Phase 7 SPLOST 7 Program Administration 3,500,000 $ 3,500,000 762,286$ 1,861$ -$ 764,147$ 2,735,853$ Phase 7 Interest on SPLOST 7 GO Bonds 4,000,000 4,000,000 1,575,000 1,305,750 - 2,880,750 1,119,250 Phase 7 P25 Radio System 15,000,000 15,000,000 2,573,882 1,291,729 10,261,057 14,126,668 873,332 Phase 7 TAO/TCO software consolidation 3,500,000 3,500,000 393,587 - 2,810,600 3,204,187 295,813 Phase 7 MDT Replacement 900,000 900,000 553,036 175,615 56,304 784,956 115,044 Phase 7 911 Renovations 500,000 500,000 75,337 6,215 21,996 103,549 396,451 Phase 7 Special Operations Precinct 1,300,000 1,300,000 566,808 341,979 46,170 954,957 345,043 Phase 7 Marshal's Operation Center 1,000,000 1,000,000 106,850 17,405 9,600 133,855 866,145 Phase 7 Training Range Enhancements 2,200,000 2,200,000 - 446 - 446 2,199,554 Phase 7 Public Safety Vehicles - (Law Enforcement) 9,000,000 9,000,000 2,707,261 355,996 1,370,702 4,433,959 4,566,041 Phase 7 New Station 2 - Telfair Street 2,500,000 3,650,000 645,343 1,469,795 1,534,648 3,649,786 214 Phase 7 New Station 3 - Gordon Hwy 2,500,000 2,500,000 83,462 97,989 - 181,451 2,318,550 Phase 7 New Station - South Augusta 2,500,000 1,350,000 - - - - 1,350,000 Phase 7 Emergency Vehicles - Fire 6,000,000 6,000,000 - - 2,879,257 2,879,257 3,120,743 Phase 7 Training Center - EOC 1,000,000 1,000,000 - - - - 1,000,000 Phase 7 Fire Station Alerting System 1,100,000 1,100,000 - - - - 1,100,000 Phase 7 Hyde Park St. & Drg Imp. 6,000,000 5,000,000 5,061,248 380,156 3,800 5,445,204 (445,204) Phase 7 On Call Construction 2,350,000 1,880,000 944,109 197,530 431,002 1,572,641 307,359 Phase 7 Wrightsboro Road Reconstruction 8,500,000 6,800,000 - - 1,000,000 1,000,000 5,800,000 Phase 7 East Augusta Road and drainage - Phase III 4,500,000 3,600,000 160,176 736,162 3,064,003 3,960,341 (360,341) Phase 7 East Augusta Road and drainage - Phase V 2,500,000 2,000,000 - - - - 2,000,000 Phase 7 ADA sidewalk rehab & replacement 2,000,000 1,600,000 1,216,380 250,792 32,183 1,499,354 100,646 Phase 7 Machinery and Equipment 1,000,000 1,000,000 16,057 479,520 - 495,577 504,423 Phase 7 Rocky Creek Flood Reduction Improvements 6,650,000 5,320,000 498 - - 498 5,319,502 Phase 7 East Augusta Road and drainage - Phase IV 2,500,000 2,000,000 - - - - 2,000,000 Phase 7 Milling and Resurfacing - Contract/County Forces 1,500,000 1,200,000 751,968 15,310 32,264 799,543 400,457 Phase 7 Monte Sano Ave Improvements 300,000 240,000 - - - - 240,000 Phase 7 Martin Luther King Drive Road Diet 1,000,000 800,000 - - - - 800,000 Phase 7 Skinner Mill Road Widening 750,000 600,000 - - - - 600,000 Phase 7 Walton Way safety & operational improvements 700,000 560,000 - - - - 560,000 Phase 7 Forest Hill Drainage Improvement 400,000 320,000 - - - - 320,000 Phase 7 Paving Dirt Roads 1,000,000 800,000 - - - - 800,000 Phase 7 Fort Gordon gate operation enhancement 1,000,000 1,000,000 - - - - 1,000,000 Phase 7 Grading and Drainage - stromwater 25,000,000 24,130,000 11,496,833 3,739,031 1,781,565 17,017,429 7,112,571 Phase 7 Administration - Engineering 2,500,000 11,300,000 3,058,197 726,686 - 3,784,883 7,515,117 Phase 7 Fleet Maintenance Facility 1,500,000 1,450,000 90,289 46,800 58,111 195,200 1,254,800 Phase 7 Existing Facilities upgrades 5,000,000 3,247,870 162,262 140,088 167,379 469,729 2,778,141 Phase 7 Probate Court Lobby - 49,520 10,584 2,137 - 12,721 36,799 Phase 7 Central Services Renovations - 580,000 298,554 14,671 - 313,225 266,775 Phase 7 Webster Detention Center - HVAC - 365,000 6,639 358,210 - 364,849 151 Phase 7 RCCI Upgrades - 50,000 40,300 - - 40,300 9,700 Phase 7 Compliance Department Renovations - 40,000 - 36,864 - 36,864 3,136 Phase 7 Judicial Center - HVAC - 145,000 - 142,973 - 142,973 2,027 Phase 7 Tobacco Road - Pole Barn 147,610 - 205 - 205 147,405 Phase 7 HCD Relocatoin - 183,000 - 131,531 - 131,531 51,469 Phase 7 Animal Services 500,000 500,000 240,726 24,854 - 265,581 234,419 Phase 7 Records Retention Center 2,500,000 2,500,000 515,429 1,142,780 6,726 1,664,936 835,064 Phase 7 JLEC Demolition 1,500,000 1,500,000 14,244 769 4,569 19,582 1,480,419 Construction in Progress 23 of 24 Augusta Georgia Report of Projects funded throughSpecial Purpose Local Option Sales Tax (SPLOST) Year Approved: 2016 unaudited Current Prior Year Balance SPLOST Original Cost Current Cost Years Cost Encumbrances Total Project Phase Projects Estimate Estimate Costs as of 9/30/19 as of 9/30/19 Cost Budget Construction in Progress Phase 7 Public Defender Building 5,000,000 5,000,000 5,000,000 - - 5,000,000 - Phase 7 Municipal Campus 35,000,000 35,000,000 1,862,000 - - 1,862,000 33,138,000 Phase 7 Museum Asset Management 1,000,000 1,000,000 - - - - 1,000,000 Phase 7 Library Facilities Renovations 500,000 190,000 - 157,269 - 157,269 32,731 Phase 7 Maxwell Branch Library - 310,000 - 149,423 160,475 309,898 102 Phase 7 Sports Facilities 1,750,000 1,141,000 - - - - 1,141,000 Phase 7 Swimming Pools 2,000,000 1,920,500 - - - - 1,920,500 Phase 7 ADA, Reforestation & Cemetery Improvements 1,000,000 955,000 - - - - 955,000 Phase 7 Community Center Improvements 4,000,000 3,683,500 - - - - 3,683,500 Phase 7 Hiking/Biking Trails & Riverwalk Enhancements 4,000,000 4,000,000 - - - - 4,000,000 Phase 7 Neighborhood Parks/Urban Parks 4,000,000 1,385,000 - - - - 1,385,000 Phase 7 May Park - 50,000 40,864 1,156 - 42,020 7,980 Phase 7 Bernie Ward Community Center - 250,000 245,112 828 - 245,940 4,060 Phase 7 Capital Equipment - Recreation - 50,000 24,550 - - 24,550 25,450 Phase 7 Lake Olmstead Park - 145,000 31,000 11,600 102,400 145,000 - Phase 7 Fleming Park - 695,000 132,002 21,609 88,591 242,202 452,798 Phase 7 Diamond Lakes - 675,000 99,560 565,088 - 664,648 10,353 Phase 7 Jamestown Park - 52,500 34,400 4,250 13,850 52,500 - Phase 7 The Boathouse - 200,000 42,460 22,212 135,000 199,672 328 Phase 7 Hillside Park - 125,000 100,000 - - 100,000 25,000 Phase 7 Augusta Common - 125,000 108,324 2,096 - 110,420 14,580 Phase 7 Minnick - 125,000 125,000 - - 125,000 - Phase 7 Wood Park - 350,000 324,919 - - 324,919 25,081 Phase 7 Hickman Park - 125,000 20,929 2,800 101,271 125,000 - Phase 7 Augusta Soccer Park - 109,000 94,000 - - 94,000 15,000 Phase 7 McDuffie Woods - 125,000 124,994 - - 124,994 6 Phase 7 Gracewood - 150,000 276 126,224 - 126,500 23,500 Phase 7 Henry Brigham Center - 275,000 269,071 - - 269,071 5,929 Phase 7 Warren Road - 225,000 77,662 131,898 - 209,560 15,440 Phase 7 Augusta Aquatics Center - 109,000 - 34,405 - 34,405 74,595 Phase 7 Augusta Golf Course - 50,000 - 34,405 - 34,405 15,595 Phase 7 Aquatic Center Pool - 39,750 39,725 - 39,725 25 Phase 7 Brigham Pool - 39,750 36,918 - 36,918 2,832 Phase 7 Recreation - Administration 750,000 750,000 351,441 78,038 - 429,479 320,521 Phase 7 Public Art Gateway Beautification 1,000,000 1,000,000 - 3,000 - 3,000 997,000 Phase 7 Augusta Canal Authority 1,500,000 1,500,000 300,000 400,000 - 700,000 800,000 Phase 7 Modernize James Brown Arena 6,000,000 6,000,000 6,000,000 - - 6,000,000 - Phase 7 City of Blythe 1,900,000 1,900,000 1,900,000 - - 1,900,000 - Phase 7 City of Hephzibah 6,500,000 6,500,000 6,500,000 - - 6,500,000 - Phase 7 Buses 1,350,000 1,350,000 - - - - 1,350,000 Phase 7 Bus Shelters 650,000 650,000 12,748 - 425,742 438,490 211,510 TOTAL 215,550,000$ 215,733,000$ 57,948,656$ 15,454,791$ 26,599,268$ 100,002,715$ 115,730,285$ 24 of 24 Finance Committee Meeting 11/12/2019 1:15 PM 3rd quarter 2019 financial reports Department:Finance Presenter:Donna B. Williams, Finance Director Caption:Present the financial report of the nine month period ended September 30, 2019. Background:Periodic financial reports are presented to keep the Commission apprised of the financial status of the organization. Analysis:The reports focus on the operation of the following funds. General Fund Urban Service Fund Law Enforcement Fire Protection Water & Sewerage Garbage Collection Augusta Regional Airport Stormwater Utility Financial Impact: Alternatives: Recommendation:Receive as information Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Finance Committee Meeting Commission Chamber - 101812019 ATTENDANCE: Present: Hon. Hardie Davis, Jr., Mayor; Fennoy, Chairman; D. Williams, Vice Chairman; Frantom, member. Absent: Hon. M. Williams, member. FINANCE 1. Provide notification of fee increase by CSRA Regional Commission and Item request direction desired by Commission. Action: Approved Motions fr"J:"" Motion rext Made By Seconded By Motion Result Motion to approve asking for a waiver from the fee adjustment in ^^. -_ -:-: __ _. Commissioner Approve 20tg and adjust the fees 9"1T** ;;il""'""-^ passes in2020 with the budget sean rrantom Williams calendar. Motion Passes 3-0. 2. Motion to authorize the preparation of the necessary resolution and Item documentation in order to issue water and sewerage revenue bonds in an Action: aggregate principal amount not to exceed $21,000,000 (the "Proposed Bonds") Approved in connection with capital projects supporting the expansion of the Fort Gordon water and sewerage system as described on Exhibit A; to authorize Augusta's financial advisor, Davenport & company LLC, to prepare and distribute a solicitation for proposals to all financial institutions the financial advisor deems to have an interest; and to bring back to the Commission such resolution and documentation along with a recommendation as to which proposal to accept for final approval. Motions Motion m Motion- ------ Motion Text Made BylYPe - ----- -; Result Motion to ^ approve. Commisioner CommissionerApprove vtotio, passes sean Frantom Dennis williams Passes 3-0. 3. Motion to approve the minutes of the Finance Committee held on September Item10,2019. Action: Approved Motions Motion f,r -1:^_ m___1 f,i r h ^ Motion- """,- Motion Text Made By Seconded By'l'YPe - ----- -'t Result Motion to ^ approve. Commisioner CommissionerApprove Motion passes Sean Frantom william Fennoy Passes 3-0. 4. Motion to approve the Contribution Agreement between The Georgia Item Association of Conservation Districts and the Augusta-Richmond County Action: Board of Commissioners. Rescheduled Motions Motion rr 4:^_ m-__r rr r h Motioni;"nf.- Motion Text Made By Seconded By Resutt Motion to refer this item to the full CommissionerDefer Commission with no uommlsloner Dennis passes recommendation. Sean Frantom williams Motion Passes 3-0. www.augustaga.gov Finance Committee Meeting 11/12/2019 1:15 PM Minutes Department: Presenter: Caption:Motion to approve the minutes of the Finance Committee held on October 8, 2019. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: