The meeting convened at 10:15 AM with reports from the Personnel Committee, Parks Rec Tourism Committee, and a regular council session. Key financial reports showed mixed trends in hotel tax revenues, while the pension fund audit highlighted a funding ratio of 65.92% and strong investment returns. Several appointments were made, and a framework for allocating motor vehicle tax funds to parks and the Flags Project was approved. Discussion on rules of procedure, legislative updates, and various land use and right-of-way items were addressed, with many items moved to future work sessions.
I call five to one of first time on a while because one of the goods. I'll make them out of it. Probably sucking on the right. So hotel tax or rural tax financing. So we'll take a look at our um January full-time melt. And full-time maltel for this month includes 40,000 of out-of-period payments. So if we normalize the receipts, we'll be approximately at 219,000. And this is the lowest January collection that we've seen since COVID. And that was in fiscal year 2021. So $200,000 of additional revenue received throughout this fiscal year for the short-term rental marketplace audits have allowed us for fiscal year-to-year debate to remain in line with our prior year collections. However, we have seen, and as I've expressed before, is continued to decline in some of the hotel collections. So moving forward to our 3% auto rental. And the auto rental is 105,000 239 dollars for this month, and this is on par for um with January 2024 collections. So it is lower than prior year 125, but is required for 424. And then lastly, we take a look at our quarterly financial report. In all areas of our general funds revenue has remained stable, which is um good news, so we don't see any um major areas of concern um other than some of the um trends that we've talked about in the past. Um nothing that we have forecasted um has um nothing has come to fruition outside of our normal forecast that we are online budget. Our revenue collections fiscal year to date are at 3.1 million higher than last year. Um this increase is generated uh primarily in three major areas, and that's um property tax licensing and intergovernmental revenue. Um and those collections um are up the tax collections are up by six hundred and fifty thousand, licensing and permits are above point six million, and intergovernmental revenue is up thirty-six three hundred and sixty thousand. Um our franchise taxes are steady, however, can um telephone as we've mentioned before continues to decline. Uh business license our funds and forfeitures as well as sanitation and parts um will be our primary revenue as we enter into the last um month of our current fiscal year. And looking at our operating expenditures, these are um less than expected, so that is helping our overall um have multiple areas that are optimizing savings opportunities. These typically um they are typically enhanced. Um we'll see in this activity for our purchases toward the end of the fiscal year, and everybody tries to make sure that they have um all of their expenditures um at least in um encumbered by year end so that they would be able to optimize on that kind of budget. So you'll see those expenditure line items kind of um increase incrementally as we go along to the remainder of the fiscal year. From a personnel um standpoint, we are operating at 4%, so um about 15% of the improvement positions are currently on field um and management continues to monitor um the operating and all uh salary savings funds are capital. So we are on a completely um played hiring schedule, so it's not um I think it's uh two months delay the uh hiring school of the month. Okay. So um so just a small delay because we have um in meeting our um operating expectations as well as our revenue and that company is not right for which so I attended uh the tourism meeting today, that county and overall the county has seen a five percent decrease in a hotel book to uh AR show and of all the places around Metro Atlanta, we had the lowest at five percent. There were a couple places that were in 26%. Um so this is what everyone is seeing with the January. Um now one hotel here did say that he saw an increase in February, and it's expect the March to be even better. Um currently, this is kind of the state that we're in right now year to year over year. Um those collections have done some of the um testing that has to do with the weather. They are anticipating that uh there's as we go into the Mars was no more C increase. Um also with um the um soccer with soccer. I mean um some are in anticipated um which are uh profit margin that they've seen in the past we expect probably from um May to the July time frame just um motion to see the file second. Second second round parts of budget. So the parks bond um amendment is um a request to use um the reserve funds in the parks bond budget, uh parts about the cap reserve account in order to um pay for some additional expenses uh for the expenses for the remainder of the test of the year companies wanting to act as you are just really authorized. So the funds are asked for have been appropriated, so these are everything that we've uh spent uh or will spend for appropriate uh funds for towards parks. So really what probably should happen all is funds were appropriating, should we move from one account to the other so we can make it we can spend that money? So that did not happen. Uh so this is really more of a catch-up to that. So we're moving funds throughout the cover funds we've already spent because that comes from the negative. And this will also move us funds uh towards anything that's already appropriated towards larger score or nothing for what if it's already been purchased. This will be a lot of and uh allows us to those funds well. Um this is everything we have left, so so everything the uh everything in the parchment has been appropriated towards towards a project uh other than the uh additional interest that we're reporting spontaneous. That is not that's not just to go to the two books. Yes, I'll make a motion and so for instance.