Smitherman announces budget task force - WBRC FOX6 News - Birmingham, AL

Smitherman announces budget task force

BIRMINGHAM, AL (WBRC) - Interim Birmingham mayor Carole Smitherman on Friday revealed the people she had selected for the city's new budget task force.

The task force will be made up of eight members and chaired by John McMahon, chairman of Ligon Industries.

Smitherman, in a statement to FOX6 News, said she tried to get a good group of financial professionals and business leaders.

"My hope is that they can recommend meaningful changes to our system to help us avoid the type of budget situation that we find ourselves in now," said Smitherman.

The task force includes:
 

  • John McMahon, Chairman of Task Force - Chairman of Ligon Industries
  • Hobby Presley - Presley, Burton & Collier
  • Doug Turner - Censeo
  • David Corbin - Trinity Finances, LLC.
  • Will Matthews - Partner New Capital Partners and former CFO of Alabama National Bank Corporation
  • Ann Florie - Executive Director, Leadership Birmingham and designated by the Birmingham Business Alliance
  • Connie Harris-President of Sheppherd-Harris and Associates, PC
  • Guin Robinson- Director of Institutional Development, Jefferson State Community College


Smitherman said the task force will be responsible for doing the following:

1.  Review the financial systems and procedures to ensure that the information generated is of sufficient accuracy and quality for the Mayor and Council to make reasonable decisions.

2.  Review the operating budget for fiscal year 2010, including unbudgeted items and unfunded commitments, to determine whether the revenues and expenses are in balance and recommend whether a revised budget should be adopted.

3.  Review the financial history of the City to determine whether a structural budget deficit exists and, if so, make recommendations concerning this deficit.

Smitherman said the task force began its work this week and will be reporting back to her and her staff as early as next week.

"Involving credible outside help, is a good first step in restoring stability and transparency in the City's finances," Smitherman said.

 

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