Tag Archives: Bud Addison

Columbia's investment policy

By adam beam | Published: July 8, 2009
Columbia City Council members are expected to adopt an investment policy tonight. This policy is another step forward for the city in repairing its finances. The city’s external auditor, Bud Addison, and a team of accountants from the Municipal Association of South Carolina recommended several things the city should do to correct its accounting. The [...]
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Columbia's '08 audit '98 percent' complete

By adam beam | Published: June 25, 2009
NOTE: An earlier version of this post said the 2008-09 audit would be the first test for the city’s new accounting department. The 2009-10 audit will be the first test. While Columbia’s 2007-08 fiscal year ended nearly a year ago, city officials are still waiting on an audit to see how they did. Wednesday, Bud [...]
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Decoding the City Council agenda

By adam beam | Published: June 23, 2009
Columbia City Council meets tomorrow at 9 a.m., and they have a lot on the agenda: 1. Ordinance No. 2009-030. This approves the 2009-10 budget. It is a formality. Council members have to approve the budget twice for it to go into effect. They approved it once last week. Because of that, council members cannot [...]
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Another Finlay forum

By adam beam | Published: April 13, 2009
City Councilman Kirkman Finlay has made a career out of Columbia’s money problems. He has written letters, proposed an alternative budget in 2007 and held several forums to discuss the city’s finances — most notably one in 2007 where former City Manager Leona Plaugh, who was fired,  asked questions of Charles Austin, who replaced her. [...]
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Council members want their audit — now

By adam beam | Published: February 12, 2009
This post was modified at 5:36 p.m. For three years, Columbia City Council members have crafted budgets without knowing how much money they had earned and spent in previous years. They don’t want to do that again, but they might have to if the 2007-08 audit isn’t finished in time. That task falls to Bud [...]
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