Agenda Item #
Columbus Consolidated Government
Council Meeting
January 10, 2017
Agenda Report #
TO: Mayor and Councilors
SUBJECT: Restrict Use of FY17 Salary Savings
INITIATED BY: Finance Department
Recommendation: Approval is requested by resolution to restrict the use of
salary savings in FY2017.
Background: In an effort to safeguard the future financial flexibility of the
Consolidated Government by making sound financial decisions as it relates to
the use of the Consolidated Government?s fund balance reserves, it is being
requested that the use of salary savings be restricted in FY2017. In recent
years, salary savings have been used to purchase capital outlay and other
unbudgeted operational items as well as provide pay improvement packages or
bonuses once salary savings were identified. However, due to the steady decline
of fund balance reserves, any salary savings achieved in FY2017 should be used
to help replenish fund balance reserves due to the Consolidated Government?s
current position of being below the established minimum level of 60 days.
Analysis: In accordance to the fund balance policy, the City Manager is
responsible for developing a plan to replenish fund balance and restricting the
use of salary savings to help replenish fund balance would be initiating one
part of that plan. Adherence to the Fund Balance Policy is instrumental in
demonstrating a well-managed government while also ensuring compliance with
applicable provisions, laws, and regulations set forth in the State of Georgia
as well as GFOA Best Practices.
Financial Considerations: Restricting the use of salary savings would
positively impact the City?s fund balance reserves and cash flow.
Legal Considerations: Council approval is needed to formally adopt this part
of the fund balance replenishment plan.
Recommendations/Actions: Approve a resolution restricting the use of salary
savings in FY2017 to help replenish fund balance reserves.
A RESOLUTION
No. ______
WHEREAS, the Consolidated Government has experienced a consistent decline in
fund balance reserves in recent fiscal years; and,
WHEREAS, this Council desires to demonstrate prudent use of government
resources in the current financial environment and tight budget conditions; and,
WHEREAS, in accordance to the Consolidated Government?s Fund Balance Policy,
the City Manager is responsible for developing a plan to replenish fund balance
reserves once it is below the established minimum level of 60 days; and,
WHEREAS, adherence to the Fund Balance Policy is instrumental in demonstrating
a well-managed government while also ensuring compliance with applicable
provisions, laws, and regulations set forth in the State of Georgia as well as
GFOA Best Practices; and,
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA HEREBY RESOLVES:
That the use of salary savings is restricted in FY2017 in an effort to help
replenish fund balance reserves.
______________
Introduced at a regular meeting of the Council of Columbus, Georgia, held on
the 10th day of January, 2017, and adopted at said meeting by the affirmative
vote of members of said council.
Councilor Allen voting ________.
Councilor Baker voting ________.
Councilor Barnes voting ________.
Councilor Davis voting ________.
Councilor Garrett voting ________.
Councilor Henderson voting ________.
Councilor Huff voting ________.
Councilor Pugh voting ________.
Councilor Thomas voting ________.
Councilor Woodson voting ________.
______________________________ __________________________
Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson, Mayor
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