Finance Committee

District 1 District 2 District 3 District 4 District 5 District 6 District 7 Joseph Eatmon, Sr. Raevan Howard Richard Henry Lee Busby Kip Tyner John Faile Cassius Lanier Member Vice Chairperson Chairperson Alternate Council Finance Committee Meeting Agenda Tuesday, May 12, 2026, Daugherty Conference Room 3:00 p.m. TOPIC PRESENTER SUPPORTING MATERIAL Approval of Minutes NEW BUSINESS 1. Approval of disbursement from the District 1 Improvements Fund Councilor Eatmon for the Benjamin Barnes YMCA 2. Approval of disbursement from the District 1 Improvements Fund Councilor Eatmon for Elevate West Alabama 3. Authorization to apply for the Project Safe Neighborhoods (PSN) Lillie McIntyre Grant Program Chief Baygents 2 4. Authorization to apply for the FY2027 Transportation Alternatives Lillie McIntyre 3 Set-Aside Program (TAP) Laine McCool 5. Elevate Budget Revision No. 4 Carly Standridge 4 6. 2022A Budget Revision No. 5 Carly Standridge 5 7. 2025C Budget Revision No. 2 Carly Standridge 6 8. General Fund RFFI Budget Revision No. 11 Carly Standridge 7-8 ADJOURN  MEMORANDUM To: Finance Committee CC: Carly Standridge, CFO; Brent Blankley, Executive Director of Public Safety; and Chief of Police Michael Baygents Date: May 8, 2026 Subject: FY25 Project Safe Neighborhoods (PSN) Formula Grant Program Accounting & Finance and Tuscaloosa Police Department are seeking approval to submit an application to the United States Department of Justice’s Office of Justice Programs for the FY25 Project Safe Neighborhoods Formula Grant Program. Scope The Project Safe Neighborhoods Formula Grant Program purpose is to reduce violent crime, particularly gun violence, through collaboration among federal, state, local, and community partners. The program funds evidence-based prevention, targeted enforcement, and community engagement efforts identified as priorities by each U.S. Attorney’s Office. Funding (no City match) Federal request $50,000.00 2  MEMORANDUM To: Finance Committee CC: Carly Standridge, CFO; Michael Gardiner, City Engineer Date: May 8, 2026 Subject: FY27 Transportation Alternatives Set-Aside Program (TAP) Grant Application Accounting & Finance and the Office of the City Engineer are seeking approval to submit an application to the Alabama Department of Transportation (ALDOT) for TAP funding to support the Skyland Boulevard Improvements Project. Scope The proposed project will support the construction of pedestrian sidewalks and lighting along Skyland Boulevard. Funding (match 80/20) Federal request $800,000.00 Match $200,000.00 Overmatch $300,000.00 Total Project Cost $1,300,000.00 Impacted Area District 7 - project location 3 Proposed Budget Revision for FY 2026 Finance Committee - May 12, 2026 2026 Elevate Amend 4 Current Proposed Amended Action Account # Line Item Budget Revision Budget Increase 10802020-23020 Skyland Blvd Streetscape 250,000 323,500 573,500 Decrease 10818010-9990 Contingency 5,191,324 (323,500) 4,867,824 - a. To use contingency funds for the Skyland Blvd Streetscape Improvements project. This funding will cover TAP grant match of $200,000 & overmatch for additional project costs. Current Proposed Amended Action Account # Line Item Budget Revision Budget Increase 10802020-23020 Trans from GF-RFFI Fund (2,270,363) (107,679) (2,378,042) Increase 10818010-9990 Contingency 4,867,824 107,679 4,975,502 - b. To transfer funds from GFRFFI back to Elevate for remaining equipment budget transferred in prior years. 4 Proposed Budget Revisions for FY 2026 Finance Committee - May 12, 2026 2022-A WARRANT SERIES BUDGET AMENDMENT #5 Current Proposed Amended Action Account # Line Item Budget Revision Budget Close 22240270-22500 Benjamin Barnes YMCA 10,603,372 (1,185,634) 9,417,738 Establish 22240270-25529 Freeman Park & Pool Improvements - 1,185,634 1,185,634 - To closeout BBYMCA project and realloacte funding to the Freeman Park & Pool Improvements project as presented in Mayor captial budget recommendation. 5 Proposed Budget Revisions for FY 2026 Finance Committee - May 12, 2026 2025-C WARRANT SERIES AMENDMENT #2 Current Proposed Amended Action Account # Line Item Budget Revision Budget Close 22240300-24514 Burrell Odom Park 2,500,000.00 (361,834) 2,138,166 Establish 22240300-25529 Freeman Park & Pool Improvements - 361,834 361,834 - To closeout the Burrell Odom Park project and reallocate funding to Freeman Park & Pool Improvements project as presented in Mayor's capital budget recommendation. 6 Proposed Budget Revisions for FY 2026 Finance Committee - May 12, 2026 GENERAL FUND RESERVE FOR FUTURE IMPROVEMENTS - 2026 BUDGET AMENDMENT #11 Current Proposed Amended Action Account # Line Item Budget Revision Budget Increase 20300085-1620 Trans from General Fund (78,013,697) (9,435,860) (87,449,557) Incrase 20300080-15361 PY Fund Balance (11,242,026) (4,498,180) (15,740,206) Close 20305010-22012 PAL Basketball Court Renovation 316,604 (14,414) 302,191 Close 20309075-25504 FY25 Equipment - ESD 505,000 (28,965) 476,035 Close 20309075-24502 FY24 Equipment - ESD 1,037,316 (3,397) 1,033,919 Close 20309070-23501 FY 2023 Equipment 1,124,124 (424) 1,123,700 Close 20309040-24503 FY24 Equipment - CFG 755,009 (442) 754,567 Close 20305010-23512 FY 2023 Equipment - TPD 1,613,020 (28,610) 1,584,410 Close 20309030-22029 Newtown Pocket Park 275,000 (75,974) 199,026 Close 20305010-23519 TPD Take Home Vechicle FY23 2,669,980 (4,205) 2,665,775 Close 20306010-23502 FY 2023 Fire Equipment 138,467 (1,378) 137,089 Increase 20309030-22546 PAL Gym Improvements 115,000 31 115,031 Close 20309030-25511 Riverwalk - Bridge Replacement 85,000 (22,680) 62,320 Close 20309030-17097 Queen City Ave - South SS 20,000 (20,000) - Decrease 20309030-22018 University Blvd at Brookhills 250,000 (346) 249,654 Increase 20319010-5022 Line of Credit - Principal 1,275,523 55,000 1,330,523 Decrease 20309030-21014 Fire Station 6 6,395,782 (60,631) 6,335,151 Decrease 20300080-1432 Line of Credit Warrant Proceeds (3,275,523) 1,945,000 (1,330,523) Decrease 20309040-24504 FY24 Equipment - CFG - ETF 674,000 (107,679) 566,321 Increase 20319030-8031 Trans to Elevate Fund 2,270,363 107,679 2,378,042 Decrease 20302040-24551 Queen City Park 55,000 (100) 54,900 Decrease 20300090-9900 Cost Reimburse (2,392,691) 100 (2,392,591) Increase 20318010-9990 Contingency 64,927 12,195,474 12,260,401 - a. To establish budget for funding sources included in the Mayor's captial budget recommendation. 7 Proposed Budget Revisions for FY 2026 Finance Committee - May 12, 2026 GENERAL FUND RESERVE FOR FUTURE IMPROVEMENTS - 2026 BUDGET AMENDMENT #11 Current Proposed Amended Action Account # Line Item Budget Revision Budget Decrease 20318010-9990 Contingency 12,260,401 (7,974,237) 4,286,164 Establish 20309030-xxxxx 2027 Citywide Resurfacing - 4,000,000 4,000,000 Increase 20309030-25516 Julia Tutwiler Access Road 2,372,875 2,500,000 4,872,875 Increase 20309030-22515 Neighborhood Drainage 6,225,336 500,000 6,725,336 Establish 20304030-xxxxx Fiber Network Expansion - Phase III - 300,000 300,000 Increase 20309030-16004 MLK/JWP Betterment - 288,902 288,902 Increase 20309030-25514 Crosswalk Striping 150,000 50,000 200,000 Increase 20309030-24544 Stillman Blvd Bridge 1,817,000 30,000 1,847,000 Increase 20314010-5199 PARA Agency Special Appropriation 325,853 186,335 512,188 Increase 20309042-25519 Metro Animal Shelter 150,000 119,000 269,000 - b. To establish budget for Quality of Life projects and Infrastructure projects in the Mayor's capital budget recommendation. 8