City of Atlanta
Georgia

Resolution
19-R-3174
Adopted as Amended
Mar 18, 2019 1:00 PM

AN AMENDED RESOLUTION BY FINANCE/EXECUTIVE COMMITTEE ADOPTING THE 2020 UPDATE TO THE CITY OF ATLANTA FIVE YEAR FINANCIAL PLAN FOR YEARS 2020 TO 2024; AND FOR OTHER PURPOSES.

Information

Department:FinanceSponsors:
Category:FinanceFunctions:None Required

Attachments

  1. Printout
  2. 5 YEAR PLAN
  3. 2020 FIVE YEAR PLAN Resolution
  4. 19-R-3174 (Amendment Form) (This file has not yet been converted to a viewable format)
  5. Five Year Plan Summary

Body

WHEREAS,  pursuant to Resolution 09-R-1213, the Administration and the Chief  Financial Officer of the City of Atlanta are authorized to develop a strategic short and long-range planning and economic forecasting, or Financial Plan (the “Plan”) which will assist in the allocation of the City's financial resources; and

 

 

WHEREAS, pursuant to Resolution 09-R-1213, following adoption of the 2009 through 2014

Financial Stabilization Plan, the Plan shall be updated annually by the Administration and the

Chief Financial Officer; and

 

 

WHEREAS, Article 6, Chapter 3, Section 6-312 of the City Charter establishes that the annual update of the Plan shall be presented to City Council by February 15 of each year by the Mayor; and

 

 

WHEREAS,  on February 27, 2019, the Chief Financial Officer will present the annual update of the Plan to the Finance/Executive Committee of the City Council; and

 

 

WHEREAS, the City Council desires to adopt the annual update of the Plan as the guide by which the City shall move forward in stabilizing and improving the City’s financial position.

 

 

NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF ATLANTA, GEORGIA HEREBY RESOLVES, as follows:

 

 

SECTION 1: That the Five Year Financial Plan Update FY 2020-2024 be approved  and  adopted  as  an  update  of  the  guide  by  which  the City  shall  move forward  in stabilizing and improving the city's financial position.

 

 

SECTION 2: That all resolutions and parts of resolutions in conflict herewith are hereby waived to the extent of the conflict.

 

Meeting History

Feb 13, 2019 1:00 PM Video Finance/Executive Committee Regular Committee Meeting
draft Draft
RESULT:HELD IN COMMITTEE [6 TO 0]
MOVER:Matt Westmoreland, Post 2 At Large
SECONDER:Andre Dickens, Post 3 At Large
AYES:Howard Shook, Natalyn Mosby Archibong, Andrea L. Boone, Andre Dickens, Jennifer N. Ide, Matt Westmoreland
AWAY:J. P. Matzigkeit
Feb 18, 2019 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

RETURNED AS HELD TO FINANCE/EXECUTIVE COMMITTEE WITHOUT OBJECTION

MEMBERS PRESENT: SHOOK, DICKENS ARCHIBONG, IDE, MATZIGKEIT, BOONE & WESTMORELAND

RESULT:RETURNED AS HELD
Feb 27, 2019 1:00 PM Video Finance/Executive Committee Regular Committee Meeting
draft Draft
RESULT:HELD IN COMMITTEE
Mar 4, 2019 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

RETURNED AS HELD TO FINANCE/EXECUTIVE COMMITTEE WITHOUT OBJECTION

RESULT:RETURNED AS HELD
Mar 13, 2019 1:00 PM Video Finance/Executive Committee Regular Committee Meeting
draft Draft
RESULT:FAVORABLE AS AMENDED [6 TO 0]
MOVER:Matt Westmoreland, Post 2 At Large
SECONDER:Howard Shook, Chair
AYES:Howard Shook, Natalyn Mosby Archibong, Andrea L. Boone, Andre Dickens, J. P. Matzigkeit, Matt Westmoreland
AWAY:Jennifer N. Ide
Mar 18, 2019 1:00 PM Video Atlanta City Council Regular Meeting
draft Draft

ADOPTED AS AMENDED BY A ROLL CALL VOTE OF 12 YEAS; 0 NAYS

RESULT:ADOPTED AS AMENDED [12 TO 0]
MOVER:Matt Westmoreland, Councilmember, Post 2 At Large
SECONDER:Jennifer N. Ide, Councilmember, District 6
AYES:Michael Julian Bond, Matt Westmoreland, Andre Dickens, Amir R Farokhi, Natalyn Mosby Archibong, Jennifer N. Ide, Howard Shook, J. P. Matzigkeit, Dustin Hillis, Andrea L. Boone, Marci Collier Overstreet, Joyce M Sheperd
ABSENT:Cleta Winslow
AWAY:Carla Smith