Economic Development Budget and Finance Committee Meeting
mon12sep4:00 pmmon4:00 pmEconomic Development Budget and Finance Committee Meeting4:00 pm - 4:00 pm
(Monday) 4:00 pm - 4:00 pm
Conference Rooms D&E, 710 N. 20th St, Birmingham, AL, United States
Meeting Day & Time: 2nd & 4th Mondays at 4:00 p.m. – Birmingham City Hall – 3rd Floor, Conference Rooms D&E The Economic Development, Budget and Finance Committee recommends on matters pertaining
Meeting Day & Time: 2nd & 4th Mondays at 4:00 p.m. – Birmingham City Hall – 3rd Floor, Conference Rooms D&E
The Economic Development, Budget and Finance Committee recommends on matters pertaining to budget and taxing ordinances; public revenue; bonds and other debt; tax officials and collectors; Department of Finance; and licensing and pension funds. Items before the Budget and Finance Committee are usually budget amendments or funding items for various requests. Budget amendments from the Mayor’s office are placed on the Budget and Finance Committee Agenda. The Committee votes to recommend approval or denial of each item and, the item is placed on the Council Agenda for a final vote.
On or before May 20th of each year, the Mayor submits to the City Council a proposed General Fund Operating Budget for the fiscal year, which begins July 1st of each year. The City Council, through the Finance and Budget Committee holds budget workshops to discuss the proposed budget with administration personnel. After these workshops, the City Council holds a public hearing to obtain taxpayer comments. The Council may modify the budget and submit it back to the Mayor for his comments. Prior to July 1st, the budget is legally enacted through passage of an ordinance. The Mayor is authorized to transfer budgeted amounts within departments within any fund; however, any revisions that alter the total expenditures for any fund or transfer of funds between departments must be approved by the City Council.
The adopted General Fund budget is allocated to each department or agency of the City according to the Mayor-Council Act of 1955, State of Alabama. The total appropriations may not be exceeded by expenditures unless the City Council amends the budget by increasing revenues or through a reduction of fund balance.
This committee makes recommendations to the Council for appointments to various Boards including: Industrial Development Board, Birmingham Trade Mart Authority, Revolving Loan Administration, Downtown Redevelopment Authority and the Birmingham Construction Industry Authority. This committee requests for information come before the Economic Development and Commerce Committee and should be addressed to the Chairperson. Items are recommended by the Committee and then placed on the Council agenda for approval.
To learn more about this committee VIEW THIS VIDEO.
Marcus Lundy, Councilor, District 9 (Committee Chair)
Johnathan Austin, Council President, District 5
Lashunda Scales, Councilor, District 1
SUB BOARDS & COMMISSIONS
Birmingham Housing Board of Appeals
Birmingham Housing Finance Corporation
Boards and Agencies Training Committee
Homeless Advisory Commission
Homeless Policy Committee
Public Building Authority
AGENDAS – VIEW ALL
Agendas are available prior to the meetings.
MINUTES – VIEW ALL
Minutes are available once they are approved by the Committee.