Finance Oversight Committee

CITY OF STONECREST, GEORGIA Finance Committee Councilmember Tammy Grimes, Chair Councilmember Tara Graves Councilmember Terry Fye Councilmember George Turner Councilmember Alecia Washington Mayor Jazzmin Cobble, ex-offici Gia Scruggs, ex-officio FINANCE COMMITTEE MEETING AGENDA February 19, 2025, 6:00 p.m. Citizen Access: In-Person @ City Hall (3120 Stonecrest Blvd Stonecrest) (meeting will be recorded and uploaded to the Stonecrest YouTube page) I. CALL TO ORDER II. ROLL CALL III. APPROVAL OF AGENDA IV. PUBLIC COMMENTS Overall limit in public comments is 20 minutes. Limited to 2 minutes per speaker. Speaker can only speak once in public comments. Public comments are restricted to topics regarding the Finance Committee. V. AGENDA ITEMS • Set the FY2025 Budget Calendar and refer it to the subsequent council meeting for approval • Update the Financial Management Policy to include: o Designate a Fund Balance Percentage Cap o Process for identifying a Fund Balance Spending Plan o Include financial reporting requirements from the city charter, state, and federal laws 1 Americans with Disabilities Act The City of Stonecrest does not discriminate on the basis of disability in its programs, services,activities, and employment practices. If you need auxiliary aids and services for effective communication (such as a sign language interpreter, an assistive listening device or print material in digital format) or reasonable modification to programs, services or activities contact the ADA Coordinator, Sonya Isom, as soon as possible, preferably 2 days before the activity or event.  o Annual Budget process to include amended budgets • Update the Procurement Policy to include: o Expanding the consortia/cooperative/piggyback section to meet the standards of the state procurement law VI. COMMITTEE MEMBER COMMENTS VII. ADJOURNMENT 2 Americans with Disabilities Act The City of Stonecrest does not discriminate on the basis of disability in its programs, services,activities, and employment practices. If you need auxiliary aids and services for effective communication (such as a sign language interpreter, an assistive listening device or print material in digital format) or reasonable modification to programs, services or activities contact the ADA Coordinator, Sonya Isom, as soon as possible, preferably 2 days before the activity or event.