►
Description
City of Charleston Ad Hoc Budget Advisory Committee 7/30/20
B
E
D
E
C
We
tried
to
encourage
the
other
council
members,
even
if
they're
not
a
member
to
to
sign
in
and
listen
in
this
afternoon,
just
given
the
nature
of
our
budget
at
this
point
all
right.
Well,
I
think
I'll
go
ahead
and
call
us
to
order
and
get
us
started
on
this
ad
hoc
advisory
budget
committee
meeting
on
july
30th
and
ask
you
to
join
me
in
just
a
minute
of
silence
and
remembrance
of
now
over
1500
south
carolinians
and
over
150
000
united
states
citizens
who
have
lost
their
life
to
the
coronal
violence.
C
Everybody
has
really
stepped
up
to
the
plate
and
has
done
a
remarkable
job
in
in
trying
to
put
best
efforts
the
sharpest
pencil
to
trying
to
save
us
money,
given
our
revenue
shortfall
this
year
so
amy.
Let
me
go
ahead
and
pass
it
on
over
to
you
and
first
she's
gonna,
of
course,
take
a
look
at
the
2020
budget.
E
So
I
sent
monthly
reports
for
june.
I
don't
want
to
spend
a
whole
lot
of
time
on
them,
but
if
you
had
any
questions,
our
revenues,
as
you
can
see,
are
tracking
under
like
we
would
anticipate,
except
for
our
business
licenses,
which
is
which
are
doing
well
and
then
enterprise
funds
is
under.
Obviously,
if
you
have
questions
just
stop
me
and
then
our
expenditures-
we're
we're
looking
okay
at
this,
this
point
in
time
for
our
expenditures,
pretty
much
everybody's
under
budget
at
this
time.
E
And
then
stormwater
is
still
looking
strong
and
healthy.
I
didn't
put
any
spot
any
information
about
them,
but
their
revenues.
Total
revenues
are
over
by
about
95,
000
and
expenditures
are
under
by
678
000,
but
that's
probably
somewhat
due
to
timing
with
projects
and
things
like
that
as
well.
But
we
do
we
don't
expect
any
loss
of
revenues
in
the
stormwater
fund.
B
E
E
At
this
time
last
year
we
would
have
we
collected
about
15
million
dollars
in
tourism
funds
and
so
far
we're
we've
only
collected
7.8,
so
we're
about
48
of
where
we
were
last
year.
We
did
adjust
our
projections
some,
but
we
think
these
are
pretty
realistic
and
we
talked
with
this
with
the
cbb
a
lot
about
this
and
right
now,
there's
been
a
decline
of
room
nights,
sold,
has
dropped
52
from
2019
and
the
average
daily
rate
has
dropped
by
21.
E
Enterprise
funds,
we
adjusted
the
projections
for
the
golf
course
in
the
city
market
because
they
were
they're
obviously
closed
longer
than
we
had
originally
anticipated,
so
that
increased
our
projected
loss
by
about
150
000.
But
we
have
noticed
that
the
number
of
visitors
visiting
our
facilities
has
not
has
not
changed.
They're
staying
pretty
stable,
even
though
there's
been
an
increase
in
the
in
coveted
cases.
E
So
we
pay
approximately
six
million
dollars
in
debt
on
the
parking
garages
out
of
this
fund
and
we're
purchasing
another
garage.
In
november,
around
27
million
dollars,
debt
service
will
probably
be
around
1.9
million,
so
that'll
be
7.9
million
dollars
in
debt
that
we'll
have
to
cover
out
of
the
parking
fund.
E
F
E
So
the
general
fund-
and
this
is
not
inclusive-
of
everything-
these
are
just
the
ones
that
I've
highlighted
that
are,
you,
know
the
biggest
and
have
been
affected
by
the
by
covid,
but
our
business
licenses
look
good.
I
don't,
I
think,
we'll
be
a
little
bit
over
budget
on
business
licenses,
inspections
and
fees.
They
seem
to
be
on
target,
so
we
adjusted
our
projected
loss
according
accordingly
for
that,
so
that
that
loss
decreased
a
little
police
funds
continue
to
be
way
down.
E
C
E
The
fund
balances
we're
having
to
use
fund
balances
to
absorb
losses,
and
this
is
what
we've
been
working
on
lately,
so
we
try
to
even
for
the
tourism
funds,
we
try
to
maintain
an
unassigned
fund.
Balance
of
25
percent
of
current
year
budgeted
revenue
in
those
funds
that
protects
us
against
loss
of
revenues.
E
E
But
we
need
to
remember
too
that
we're
in
a
storm
coming
out
of
the
storm
season
and
we
won't
have
as
much
fun
balance
to
fall
back
on
should
we
have
a
storm
event:
the
middle
school
combinations
tax.
This
is
kind
of
we've
taken
the
the
original
budgets
that
we
had
for
all
of
these
funds
and
kind
of
done,
a
revised,
coveted
budget
with
a
new
projected
revenue
that
we
anticipate.
E
So
what
we?
What
we
found
is
that
we're
having
to
utilize
an
additional
two
million
dollars.
We
have
a
two
point:
three
million
dollar
available
phone
balance
to
in
the
property
tax
relief
division
of
the
fund,
so
with
with
municipal
accommodations
ordinance,
divides
at
50
50
between
capital
projects
and
property
tax
relief.
We
reduced
projects
that
we
talked
about
last
the
last
meeting,
so
the
capital
improvement
side
is
okay,
we
have
we
haven't.
We
don't
have
to
use
phone
balance
on
that
side,
but
the
property
tax
relief
side.
E
We
will
have
to
use
fund
balance
because
those
were
anticipated
transfers
into
the
general
fund
so
we're
having
to
use.
We
had
a
2
million
dollar
loss,
anticipated
loss
and
so
we're
having
to
use
fund
balance
for
that.
So
that's
reducing
that
phone
balance
to
0.41,
which
basically
depletes
it.
So
that's
a
little
a
little
scary,
but
that's
what
we
we're
gonna
need
to
do
for
right.
Now
we
still
have
a.
E
E
Good
hospitality
fee
we
we
released
4.8
million
dollars
in
in
projects.
We
talked
about
those
in
the
last
meeting,
we're
needing
to
utilize
another
2.5
of
unrestricted
fund
balance
to
absorb
the
additional
losses
in
that
fund.
The
fund
is
still
strong,
though
we
still
have
a
37
fund
balance
in
hospitality.
C
E
G
E
So
that
brings
us
to
state
accommodations
tax,
we're
having
to
utilize
2.5
million
dollars
in
fund
balance,
and
so
that
reduces
our
fund
balance
to
2.98,
and
then
I
just
wanted
to
point
out
and
the
green
highlighted
that
we,
you
know
with
a
way
the
state
a
tax
calculation.
Is
we
give
30
to
the
visitors
bureau
so
that
amount
would
reduce
based
on
the
fact
that
our
revenue
is
reduced,
but
we
were
keeping
it
at
the
same
level
to
help
them
get
people
back
to
charleston.
But
we
don't
have
to
do
that.
I
just
I.
E
E
H
E
A
F
E
F
E
E
A
E
A
A
C
E
F
F
H
Yeah
and
thank
you,
mr
may,
I
you
know
when
it
comes
to
putting
together
a
strategy,
how
we,
how
we
snap
back
so
to
speak.
We
don't
have
that.
In
other
words,
the
city
doesn't
doesn't
have
that.
I
mean
the
component
that
does
that
and
has
done
it
very
well,
is
the
cvb
I
I
think,
amy
when
it
comes
to
local
option
sales
tax.
You
know
the
loss
revenue
yeah.
I
know
you
probably
haven't
gotten
to
that
yet,
but
we
probably
have
more
flexibility
to
move
some
of
that.
H
H
E
I
can't
remember
councilmember
wearing
what
the
amount
is
that
north
charleston
does,
but
we
give
100
of
our
local
options
sales
tax
back.
You
can
do
it
two
different
ways.
We
chose
to
do
100,
but
half
of
that
has
to
go
towards
property
tax
relief
and
then
the
other
can
be
towards,
and
it's
a
it's
a
that's
not
as
easy
as
what
I'm
explaining
it,
because
there's
a
weird
calculation
to
it,
but
that's
basically
what
it
is,
but
we
we
council
approved
ages
ago.
H
C
So
councilman
warren
has
brought
up
a
very
interesting
point
and
what
my
question
would
be-
and
I
hear
you
amy
that
and
more
likely
to
be
something
that
we
would
consider
for
next
year's
budget,
but
just
to
know
all
our
possibilities
is
it
possible
to
to
change
our
allocation
here?
Mid-Year,
I
mean
tax
bills,
don't
go
out
until
until
later
in
the
fall
can't.
Could
we
make
a
budget
adjustment
for
2020
that
would
so
to
speak
recapture
part
of
that
lost
money.
C
E
I
don't
know
if
we
could
do
it
for
2020..
I'd
have
to
look
at
that
a
little
bit
more
when
we
get
they're
doing
reassessment
and
we'll
have
to
set
millage
in
september,
and
we
have
to
look
at
the
local
option.
Sales
tax
then
anyway,
to
make
sure
that
we're
not
giving
back
too
much,
especially
with
the
losses
we're
seeing
in
local
option
sales
tax.
So
we
had
already
set
the
the
sales
tax
credit
factor
for
the
year.
So
we're
really
going
to
need
to
look
at
that,
but
I
can
we
can.
C
E
E
So
enterprise
and
general
fund,
so
we
identified
with
the
help
of
the
department's
554
thousand
dollars
in
savings.
The
various
enterprise
funds
abm
came
back
and
identified
a
724
000
in
savings
in
in
managing
the
garages.
So
we
identified
a
total
of
one
point:
approximately
1.3
million
dollars
in
savings.
E
I
have
a
summary
of
everything
at
the
end
too,
so
it
makes
a
little
bit
more
sense,
but
so
for
the
enterprise
funds,
we're
having
to
use
two
million
dollars
in
fund
balances
for
angel
oak
city
market
market
in
the
baseball
park.
All
of
those
are
staying
within
our
25
fund
balance
goals,
so
we're
not
going.
We
still
have
healthy
fund
balances
in
those
in
those
funds.
E
E
If
you
remember,
I
put
a
little
bit
extra
away.
That's
why
we're
at
23.4
just
knowing
what
we're
what
we're
going
through
now
so
based
on
the
deficits
in
the
general
fund
and
enterprise
fund,
we
would
need
to
utilize
8.26
million
dollars
of
fund
balance
to
balance
the
budget
as
it
looks
today
anyway,
and
that
would
reduce
our
percentage
of
phone
balance
to
19.39,
so
we're
still
pretty
close
to
the
20
but
still
below
it.
E
It
could
affect
our
bond
rating.
I
had
a
call
with
our
financial
advisors
this
morning
to
kind
of
talk
through
all
of
this,
and
moody's
is
always
the
hardest
right,
so
it
could
affect
it.
We
probably
look
more
favorable
with
s
p,
but
they
won't
just
look
at.
I
I
feel,
like
19.39,
is
still
pretty
good,
considering
what
we're
going
through
to
maintain
that
amount
that
it
might
not
affect
us.
E
E
A
E
C
G
G
E
E
F
E
A
E
So
if
everybody's
okay,
with
the
cuts
that
we've
made,
then
we'll
we'll,
actually
move
those
out
of
all
the
department's
budgets
into
a
there's,
a
special
object
code
in
our
non-departmental
division
and
we'll
move
those
out
so
that
their
budgets
will
reflect
what
they.
What
we've
said
after
the
cuts
and
then
later,
if
we'd
like
to
amend
it,
we
can
do
that.
H
E
So
we're
fortunate
we've
been
so
fiscally
responsible
that
we've
maintained
these
fund
balances
and
they're
helping
us
weather
this
financial
crisis,
but
we
still
have
hurricane
season
upon
us.
So
this
is
what
still
makes
me
incredibly
nervous
about
using
these
fund
balances,
especially
general
fund
fund
balance.
So,
like
I'm
just
saying,
we
still
need
to
be
incredibly
thoughtful
in
our
spending
practices.
E
And
then
this
is
the
summary,
so
our
total
projected
loss
was
40
is
42
million
dollars,
and
this
is
how
we
made
up
that
42
million,
so
we
had
17.6
million
in
expenditure.
Cuts
from
this
is
from
all
the
funds,
and
then
we
released
project
funding
for
7.1
million
dollars
from
7.15
and
then
we're
using
17.25
million
in
fund
balance
and
that's
how
we
made
it
up.
F
E
E
D
E
E
H
C
Yeah
so
ross,
you
pretty
well
nailed
it.
What
what
amy
has
come
up
with
is
and-
and
I
fully
support
at
this
point-
is
to
use
our
savings
to
to
cover
our
projected
deficit
in
the
general
fund,
as
opposed
to
relying
on
on
a
photo,
I
think,
to
preserve
our
workforce
and
support
our
employees
that
it's
just
the
right
thing
to
do.
C
They've
been
so
diligent
in
providing
services
to
our
citizens
this
year,
amidst
all
kinds
of
challenges,
both
coronavirus
and
otherwise
it's
it's
a
high
highest
priority
at
this
point
in
this
budget,
I
believe,
is
to
preserve
our
workforce
and
show
our
support
for
our
employees,
and
you
know
that's
that's
what
our
savings
account
is
for
just
times
such
as
this,
so
if
we
can
possibly
avoid
any
furloughs,
I
I
think
that's
the
best
route
to
take.
We
still
I'm
not
counting
on
the
dimes
in
the
federal
government.
C
At
this
point
I
gotta
tell
you:
I've
been
hopeful
over
the
last
up
and
down,
but
I
I'd
love
to
have
it,
but
I'm
we're
not
counting
on
them.
This
is
without
any
support
from
the
federal
government.
I
hope
we
get
some,
I
think
we
deserve
it.
We've
all
talked
about
it,
we've
all
been
lobbying
for
it
and
if
we
do
get
some
support
from
them
at
the
end
of
the
day,
you
know
it
would
mean
that
much
less
of
our
savings
that
we
have
to
dip
into
to
balancing.
F
Yes,
man,
I
don't
want
to
see
any
furloughs
we've
gone
through
a
riot.
A
lot
of
protests,
particularly
our
first
responders,
have
been
out
there
on
the
front
lines
of
all
of
that
they've
done
a
yeoman's
work
with
all
that
in
our
our
employees.
I'm
not
discounting
anybody
at
all.
I
mean
I
just
look.
What
amy
has
done
and
shown
us
the
hard
work
her
department
has
done
going
through
this
budget
they've
put
in
extra
hours
to
get
to
this
point.
I
don't
want
to
see
anybody
full
of
it
at
all.
F
I
think
that
we've
gone
through
a
tough
2020
for
the
first
six
plus
months
of
this
year
and
we're
right,
I
mean,
I
think,
what's
going
to
happen
and
amy's
been
said
this
several
times
we're
coming
along
into
a
storm
season,
there's
something
brewing
off
our
coast.
God
knows
how
that's
going
to
affect
us
this
weekend
early
part
of
next
week,
but
this
is
just
the
first
salvo
of
potential
storms.
F
C
So
it's
really
been
a
remarkable.
Yes,
as
you
said
a
minute
ago,
almo,
maybe
a
miraculous
effort
by
budget
and
finance
to
even
get
us
to
this
point.
But
but
I
gotta
add
I
councilmember
warren.
I
stated
before
you
came
online
that
really
everybody
on
the
team
has
played
a
part
in
in
in
watching
and
cutting
their
budgets.
C
We've
we've
had
the
freeze,
folks
have
been
working
hard
and
and
all
chipping
in
to
make
make
these
numbers
possible.
Now.
That
being
said,
I'm
really
tantalized
by
the
thought
that
maybe
we
could
use
some
lost
funding
to
help
make
a
part
of
this
difference
too.
But
we'll
find
out
what
the
jury
said.
Yeah
councilmember,
wherein
did
you
want
to
add
some
comments?
C
H
H
H
E
H
Actually,
this
is
good
work
I
mean
remember
our
last
call.
We
had
38
million
dollars
and
we
were
pulling
the
hair
out
didn't
know
where
it
was
going
to
come
from
back
to
the
wait
anyway,
you're
getting
ready.
What
comes
next
for
the
after
this
summer
is
the
q
and
a
on
something
okay.
Well,
let
me
let
me
wait
until
after
that.
Okay,
thank
you.
Thank
you.
E
So
the
the
tax
anticipation
note,
we
sent
the
rfp
out
today
to
probably
approximately
35
banks,
but
with
the
size
of
the
borrowing
we're
expecting,
probably
the
only
the
larger
national
banks,
and
maybe
some
regional
banks
will
respond
and
we'll
have
to
take
the
lowest
bidder.
We
expect
around
a
point:
seven
five
percent
interest
rate
and
just
the
one
thing
I
didn't
mention
before
we
were
wearing
was
that
state
law
actually
requires
us
to
pay
it
back
within
90
days
of
the
due
date
of
taxes.
So
that
would
be
april
15th.
E
So
I
don't
expect
that
we're
going
to
need.
We,
you
approved
up
to
40
million
dollars.
I
don't
expect
that.
That's
what
we'll
need
I'm
hoping
for
maybe
20
25,
but
we're
still
watching
cash
flow,
but
we'll
we'll
wait
for
the
bids
to
come
back
and
then
I'll.
Let
you
know
probably
early
september,
where
we
are
with
that.
F
E
E
Yeah,
we
could
remember,
fund
balance,
isn't
isn't
cash
either
so
looking
at
where
we
are
in
terms
of
exp,
you
know
what
money
we're
bringing
in
versus
expenses
going
out.
We
have
a
we'll,
have
a.
We
have
a
shortfall
there
for
the
end
of
the
year
and
that's
why
we're
having
to
borrow
the
money
until
we
get
our
property
taxes
in.
C
E
C
H
In
other
words,
if
we
knew
see,
we
didn't
know
that
when
we
did
this
budget
that
we
were
going
to
have
a
pandemic,
but
if
we
did,
we
probably
would
not
have
have
voted
to
do
as
we've
done
in
the
past.
You
know
to
let
that
loss
revenue
go
towards
property
tax
reduction.
We
probably
would
have
pigeonholed
some
back
so
when
the
pandemic
hit
we'd
have
a
little
bit
more
revenue
in
the
general
fund.
H
So
let's
say
this
pandemic
is
gonna
go
on
for
another.
Certainly
it's
gonna
go
sometime
in
the
21.
We
don't
know
what
it'll
be
12
months.
It
may
be
longer
so
as
we
sit
down
and
do
the
21
budget
realizing
that
we're
in
a
pandemic,
we
got
hypothetically
if
we
were
to
vote
to
reduce
that
amount
of
give
back.
H
H
E
So
what
you,
I
think,
I
understand
what
you're
saying.
So,
if
we
did
that,
then
that
would
be
addition.
That
would
almost
be
like
a
property
tax
increase
right,
so
we
would
have
additional
use.
So
it
would
just
reduce
the
amount
that
we
would
have
to
cut
to
make
up
for
the
tax
anticipation,
no
and
the.
If
you'll
see
in
the
next
slides
the
anticipated
revenue
losses
that
we're
seeing
so
that
wouldn't
it
would
help
us
in
21.
E
E
Okay,
so
just
moving
on
to
we've
received
all
the
department
budgets
and
are
going
through
them
now
and
we'll
we'll
have
them
for
you
in
the
august
meeting
where
we
can
start
talking
about
about
all
the
departmental
budgets.
I
pushed
the
meeting
back
one
week
because
of
the
hr
committee
meeting
just
I
hope
I
think
I
sent
out
that
meeting
request.
So
you
know,
but
for
very
preliminary
revenues,
look
kind
of
bleak
we're:
projecting
9.6
million
decrease
in
business,
license
fees.
E
C
E
So
we've
not
seen
a
lot
of
significant
cuts
from
the
budget,
so
we'll
have
to
go
through
them
and
and
do
what
we
need
to
do.
But
you'll
see
when
we
start
going
through
all
the
all
the
but
all
the
budgets
with
you
and
then
have
the
meetings
with
the
department
heads
in
september
and
then
the
amount
of
cuts
will
defend
depend
heavily
on
the
amount
that
we
have
to
borrow
for
the
tan
and
the
amount
of
fund
balance
that
we
utilize
as
well.
E
F
E
F
E
E
F
F
Right,
well
I
mean
and
not
they're
too
far
ahead
of
us,
but
you
know
for
the
past
two
cycles.
Maybe
three:
we
have
deferred
a
lot
of
maintenance
on
some
of
our
major
structures,
which
are
including
our
structures
that
produce
revenue
for
us.
So
as
we
get
into
the
into
the
details
of
this
2021
budget,
we're
going
to
be
making
some
other
hard
decisions
about
some
more
deferred
maintenance,
more
likely
than
not.
But
how
that's
going
to
impact
those
revenue
generating
facilities
is
going
to
come
into
a
big
play
with
us.
I'm
sure.
C
Well
that,
and
you
know,
I
I
think
it's
going
to
be
real-
that
the
new
positions
that
got
funded
for
this
year,
that
we've
had
frozen
and
they
didn't
get
hired.
I
you
know
it's
doubtful
to
me
right
now
that
we'd
be
able
to
put
those
in
next
year's
budget.
I
don't
see
us
going
back
and
being
able
to
fund
those
any
of
those
aren't
very
many
of
those
new
positions.
C
F
D
C
C
E
I
don't
I
don't
know,
you
know,
part
of
me
was
says,
go
ahead
and
let's
do
it
now
and
then
there's
part
of
me
that
thinks
maybe
we
should
wait
and
see
where
we
are
a
little
bit
more,
but
that's
probably
more
the
elephant
sitting
on
my
chest
talking
than
anything
else,
so
we
could
do
it
either
way.
Maybe
september
would
be
a
better
month
to
bring
it
since
we
just
have
one
meeting
in
august.
G
I
mean
everything
I
mean.
I
talked
to
a
bunch
of
people
today
I
mean,
I
think,
the
earliest
congress,
unless
the
big
unknown
is,
is
the
president.
What
he
will
do,
but
it
does
not
look
like
the
house
and
senate
are
going
to
get
together
and
do
anything
this
week,
other
than
maybe
extend
unemployment
benefits
to
some
degree
and
in
the
advice
I'm
getting.
E
A
Thank
you.
I
I
was
just
going
to
suggest
that
maybe
we
could,
you
know
at
least
start
out
on
amending
the
we
have
to
give
it
first
reading
so
think
about
having
that
in
august.
So
it's
teed
up
for
you
know
giving
it
second
and
third
reading
in
september
and
then,
if
we
and
then,
if
the
good
news
is,
we
want
him
in
the
budget
or
we
could
always
say
yes
in
august
and
vote
it
down
in
september.
A
I
I
think
that
it
would
send
a
really
wise
message
to
our
citizens,
as
well
as
the
staff
that
were
you
know,
we're
dedicated
to
not
have
furloughs,
but
we
also
are
dedicated
to
taking
advantage
of
their
really
thoughtful
sharpening
of
their
pencils
for
the
so
that
that
was
just
my
thought.
Why
not
started
in
august.
G
Yeah,
I
mean
the
only
the
only
and
this
this
gets
to
strategizing
I
mean.
Are
we
in
a
better
position
with
congress
showing
them
that
we're
really
struggling
to
balance
our
budget
rather
than
telling
them
that
we've
found
a
way
to
balance
it
and
that's
an
intention?
That's
a
decision
you
all
have
to
make.
As
the
elected
officials.
H
I'm
aware,
actually,
I
think,
rick
kind
of
touched
on
it.
I
really
think
we
ought
to
get
through
august.
I
mean
we,
we
there's
a
national
crisis.
We
got
to
see
what
the
federal
government's
gonna
do
and
if
we
had
have
to
ramp
it
up.
Mr
mayor,
in
september
we
get
a
first
reading
in
and
if
we
needed
to
have
emergency
meetings,
you
know
to
do
a
third,
a
second
and
third
reading.
H
We
could
do
that
to
expedite
it
so
so
amy,
maybe
you
get
you
a
little
bit
more
time
to
look
at
it
and
then
prayerfully
those
men
and
women
up
in
washington
get
something
done
because
something's
going
to
get
done,
it's
no
matter
whether
the
local
component
is
going
to
be
in
there
or
not.
So
that's
right.