Finance Committee Meeting
Regular MeetingAugusta, GA · September 14, 2021
Minutes
Finance Committee Meeting Commission Chamber - 9/14/2021
ATTENDANCE:
Present: Hons. D. Williams, Chairman; McKnight, Vice Chairman;
Mason and Scott, members.
Absent: Hons. Hardie Davis, Jr., Mayor.
FINANCE
1. Motion to approve the minutes of the Finance Committee held on August 31, Item
2021. Action:
Approved
Motions
Motion Motion
Motion Text Made By Seconded By
Type Result
Motion to
Commissioner
approve. Commissioner
Approve Catherine Smith- Passes
Motion Passes Francine Scott
McKnight
4-0.
www.augustaga.gov
Finance Committee Meeting
9/14/2021 1:05 PM
Attendance 9/14/21
Department:
Presenter:
Caption:
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
-fr
JI
Finance Committee Meeting Commission Chamber - 81311202r
ATTENDANCE:
Present: Hons. D. Williams, Vice Chairman; McKnight and Scott,
members.
Absent: Hon. Hardie Davis, Jr., Mayor; Sias, Chairman.
FINANCE
1. Present the financial reports for the six month period ended June 30, 2021. Item
Action:
Approved
Motions
Motion rext Motion
Made By Seconded By
ffit:"' Result
Motion to approve
commissioner
^ receiving this item commissioner
Approve catherine Smith-
as rnroffna,on. ::lh.ttlnt Francine Scott
Passes
Motion passes McKnight
3-0.
2. Motion to approve the minutes of the Finance Committee held on August 11, Item
2021. Action:
Approved
Motions
Motion Text Made By Motion
Y:11"
I ype
Seconded By
Result
Motion to
commissioner
Approve Commissioner
rasses catherine Smith-
i|[r,T.t;^""^"
I Francine Scott
Passes
McKnight
3-0.
3. Motion to approve a request from the Richmond County SherifPs Office to Item
move funds out of State Drug Forfeiture Account's fund balance. The agency Action:
Approved
intends to use this funding to purchase a new vehicle and to use funding for
training.
Motions
Motion Motion
Motion Text Made By Seconded By
----'--
'r'ype Result
Motion to
Commissioner
.
APProve
aDDrove.
catherine Smith- commissioner passes
Motion Passes rranclne )cor
3-0.
McKnight
4. Presentation by Augusta's Financial Adviser, Davenport & Company, Item
providing an update on Augusta's outstanding bond debt, upcoming bond Action:
issuance's and current rating by bond rating agencies. Approved
Motions
Motion Motion
Seconded By
-^----- Motion Text
'l'ype Made By
Result
Motion to approve
.
Aoorove
receiving this item as Commissioner Commissioner
Passes
information. Francine Scott Dennis williams
Motion Passes 3-0.
www.auqustaga.gov
Finance Committee Meeting
9/14/2021 1:05 PM
Minutes
Department:
Presenter:
Caption: Motion to approve the minutes of the Finance Committee held
on August 31, 2021.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Agenda
Finance Committee Meeting Commission Chamber- 9/14/2021- 1:05 PM
FINANCE
1. Motion to approve the minutes of the Finance Committee held
on August 31, 2021. Attachments
www.augustaga.gov
Finance Committee Meeting
9/14/2021 1:05 PM
Minutes
Department:
Presenter:
Caption: Motion to approve the minutes of the Finance Committee held
on August 31, 2021.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Cover Memo
Item # 1
Attachment number 1 \nPage 1
-fr
JI
Finance Committee Meeting Commission Chamber - 81311202r
ATTENDANCE:
Present: Hons. D. Williams, Vice Chairman; McKnight and Scott,
members.
Absent: Hon. Hardie Davis, Jr., Mayor; Sias, Chairman.
FINANCE
1. Present the financial reports for the six month period ended June 30, 2021. Item
Action:
Approved
Motions
Motion rext Motion
Made By Seconded By
ffit:"' Result
Motion to approve
commissioner
^ receiving this item commissioner
Approve catherine Smith-
as rnroffna,on. ::lh.ttlnt Francine Scott
Passes
Motion passes McKnight
3-0.
2. Motion to approve the minutes of the Finance Committee held on August 11, Item
2021. Action:
Approved
Motions
Motion Text Made By Motion
Y:11"
I ype
Seconded By
Result
Motion to
commissioner
Approve Commissioner
rasses catherine Smith-
i|[r,T.t;^""^"
I Francine Scott
Passes
McKnight
3-0.
3. Motion to approve a request from the Richmond County SherifPs Office to Item
move funds out of State Drug Forfeiture Account's fund balance. The agency Action:
Approved
Item # 1
Attachment number 1 \nPage 2
intends to use this funding to purchase a new vehicle and to use funding for
training.
Motions
Motion Motion
Motion Text Made By Seconded By
----'--
'r'ype Result
Motion to
Commissioner
.
APProve
aDDrove.
catherine Smith- commissioner passes
Motion Passes rranclne )cor
3-0.
McKnight
4. Presentation by Augusta's Financial Adviser, Davenport & Company, Item
providing an update on Augusta's outstanding bond debt, upcoming bond Action:
issuance's and current rating by bond rating agencies. Approved
Motions
Motion Motion
Seconded By
-^----- Motion Text
'l'ype Made By
Result
Motion to approve
.
Aoorove
receiving this item as Commissioner Commissioner
Passes
information. Francine Scott Dennis williams
Motion Passes 3-0.
www.auqustaga.gov
Item # 1
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