My Thoughts

Commission Approves FY2013 Budget

September 28th, 2012

On September 26, 2012, the Commission approved the County’s FY2013 budget.  The budget sets General Fund expenditures at $205 million, which includes $12 million in bankruptcy-related legal fees.  As such, actual budgeted expenditures for services to be provided to our citizens are $193 million ($205 million minus $12 million).  This is $119 million (38%) lower […]

Bessemer Courthouse Settlement

September 26th, 2012

Yesterday, the Commission approved a term sheet with Ambac Assurance Corporation (Ambac), the insurer on the Bessemer Courthouse warrants.  This agreement is a dramatic win for the County and represents the Commission’s first negotiated settlement with a significant bankruptcy creditor.  Key provisions of the term sheet include the following: The County stays in the Courthouse. […]

My Statement on the Cooper Green Discretionary Fund Audit

September 2nd, 2012

On August 28, 2012, the Commission received an audit report on the Cooper Green Discretionary Fund from Warren Averett, the County’s CPA firm.  The entire report is available here: Commissioners Brown, Knight, Stephens and I were unaware that this “discretionary” fund existed at Cooper Green until late this spring and quickly discovered that Commissioner […]