Finance Committee

District 1 District 2 District 3 District 4 District 5 District 6 District 7 Joseph Eatmon, Sr. Raevan Howard VACANT Lee Busby Kip Tyner John Faile Cassius Lanier Member Chairperson Alternate Council Finance Committee Meeting Agenda Tuesday, March 3, 2026, Daugherty Conference Room 3:00 p.m. TOPIC PRESENTER SUPPORTING MATERIAL Approval of Minutes NEW BUSINESS 1. General Fund Reserve for Future Improvements budget revision Carly Standridge 2 no. 7 2. RSA update Carly Standridge 3. Discussion regarding SB 217 Chairperson Busby ADJOURN Proposed Budget Revisions for FY 2026 Finance Committee - March 3, 2026 GENERAL FUND RESERVE FOR FUTURE IMPROVEMENTS - 2026 BUDGET AMENDMENT #7 Current Proposed Amended Action Account # Line Item Budget Revision Budget Close 20307003-0950 SCHOOL BOARD FIBER OUTLAY 189,162.71 (40,584) 148,578 Close 20309030-24520 DOWNTOWN YMCA 627,500 (29,862) 597,638 Close 20309030-25503 STOREFRONT FAÇADE 300,000 (22,242) 277,758 Establish 20309030-26515 TRAFFIC SIGNAL DCH INTERSECTION - 75,000 75,000 Increase 20318010-9990 CONTINGENCY 68,041 17,688 85,729 (0) To close out projects and allocate funding for the DCH Intersection Traffic Signal project and contingency.