Finance Committee

District 1 District 2 District 3 District 4 District 5 District 6 District 7 Joseph Eatmon, Sr. Raevan Howard Norman Crow Lee Busby Kip Tyner John Faile Cassius Lanier Member Vice Chairperson Chairperson Alternate Council Finance Committee Meeting Agenda Tuesday, August 26, 2025, Daugherty Conference Room 3:00 p.m. TOPIC PRESENTER SUPPORTING MATERIAL Approval of Minutes NEW BUSINESS 1. Approval of disbursement from District 7 Improvements Fund for Councilor Lanier Southview Elementary; total: $1,500.00 (OCA-25-1168) 2. Approval of disbursement from District 7 Improvements Fund for Councilor Lanier Central High School Girls Flag Football; total: $1,500.00 (OCA-25-1168) 2 3. General Fund budget revision no. 17 Carly Standridge 3 4. Authorization to execute a grant agreement with Southwest Alabama Chief Brent Blankley Highway Safety Office for the 2026 Community Traffic Safety Program (OCA-25-1129) 4 5. Resolution authorizing renewal of the City’s Animal Mortality-Canine Scott Holmes 2025-2026 insurance coverage with The Hartford Insurance Company (OCA-25-0954) 6. Fiscal Year 2026 Operating Budget discussion Chairperson Busby ADJOURN Proposed Budget Revisions for FY 2025 Finance Committee - August 26, 2025 General Fund Budget Amendment #17 Current Proposed Amended Action Account # Line Item Budget Revision Budget Increase 10100080-1592 PY Fund Bal - District Enhance (8,108) (2,600) (10,708) Increase 10104050-99907 District Improv - Dist 7 15,000 2,600 17,600 - To use prior year restricted District Enhancement fund balance for donations to Southview Elementary and Central Girls Flag Football. 2 APPROVED AS TO FORM Prepared By: CHC Requested: Publ Sfty Date: 8/26/25 Council Presentation: 9/02/25 Office of the City Attorney Suspension of Rules: No RESOLUTION RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A GRANT AGREEMENT WITH THE SOUTHWEST ALABAMA HIGHWAY SAFETY OFFICE FOR THE 2026 COMMUNITY TRAFFIC SAFETY PROGRAM (OCA-25-1129) NOW THEREFORE BE IT RESOVED BY THE CITY COUNCIL OF TUSCALOOSA that the Mayor be and he is hereby authorized to execute a Grant agreement with the Southwest Alabama Highway Safety Office for the 2026 Community Traffic Safety Program. COUNCIL ACTION FUNDING REQUIRED: Yes No Resolution Ordinance Introduced Passed 2nd Reading Unanimous Failed Tabled By: Amended Chief Financial Officer Comments: 3 APPROVED AS TO FORM Prepared By: SBH/cmh Requested: Finance Date: 8/26/25 Council Presentation: 8/26/25 ________________________ Suspension of Rules: No Office of the City Attorney RESOLUTION RESOLUTION AUTHORIZING RENEWAL OF THE CITY’S ANIMAL MORTALITY-CANINE 2025-2026 INSURANCE COVERAGE WITH THE HARTFORD INSURANCE COMPANY (OCA-25-0954) BE IT RESOLVED BY THE CITY COUNCIL OF TUSCALOOSA that the City renew its Animal Mortality-Canine insurance coverage with Hartford Insurance Company in the premium amount of $5,985.00, and the Mayor is authorized to execute any application or contract pertaining to the same. COUNCIL ACTION FUNDING REQUIRED: Yes No Resolution Ordinance Introduced Passed 2nd Reading Unanimous Failed Tabled By: Amended Chief Financial Officer Comments: 4