City of Albany receives strong financial report - WALB.com, South Georgia News, Weather, Sports

City of Albany receives strong financial report

Downtown Albany could see more local businesses because of the strong financial report (Source: WALB) Downtown Albany could see more local businesses because of the strong financial report (Source: WALB)
City Commissioners learn of their strong financial report (Source: WALB) City Commissioners learn of their strong financial report (Source: WALB)
Courtney Rogers, Senior Vice President, of Davenport and Company LLC for the Georgia Government Finance Officers Association (Source: WALB) Courtney Rogers, Senior Vice President, of Davenport and Company LLC for the Georgia Government Finance Officers Association (Source: WALB)
ALBANY, GA (WALB) -

If you are looking to move or start a local business in Albany, there's good news!

A new report shows the city has a strong financial report and background. 

Albany city commissioners have just gotten a check of approval for good finances.

Just like individuals have their own personal credit ratings, businesses do too. 

And that includes the city of Albany. 

Courtney Rogers, Senior Vice President of Davenport and Company LLC for the Georgia Government finance officers association, said liquidity for the Albany city commissioners is key. 

"The trick with local governments this day and age is revenues are going like they were back in the early 2000s when some areas experience a lot of growth in real estate," explained Rogers. "That slowed down, so as a result, everyone is having to be a little more attentive to their expenditures as they grow."

He said debt levels are low and there are no areas of concern. 

They should continue to invest and keep up with their finances. 

"They've also got some ability to go out and borrow if they need to," said Rogers. "And it's important, even if some people are negative on borrowing, local governments have to borrow to keep investments up because they've got infrastructure they've got to keep up."

And one area of improvement is keeping policies up to date and reviewing them often. 

Copyright 2018 WALB. All rights reserved.

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Young woman asking for donations for mission trip to Colombia

    Young woman asking for donations for mission trip to Colombia

    Sunday, August 19 2018 5:31 PM EDT2018-08-19 21:31:28 GMT
    A young woman with Albany ties is asking for donations for a mission trip to Colombia. (Source: WALB)A young woman with Albany ties is asking for donations for a mission trip to Colombia. (Source: WALB)

    A young woman with Albany ties is asking for the community's help her get to Columbia. 

    More >>

    A young woman with Albany ties is asking for the community's help her get to Columbia. 

    More >>
  • Lee Co sheriff's office hosts fundraiser for recovering investigator

    Lee Co sheriff's office hosts fundraiser for recovering investigator

    Sunday, August 19 2018 5:22 PM EDT2018-08-19 21:22:23 GMT
    The Lee County Sheriff's Office hosted a Bar-B-Que plate fundraiser to help one of their investigators, who is recovering from surgery. (Source: WALB)The Lee County Sheriff's Office hosted a Bar-B-Que plate fundraiser to help one of their investigators, who is recovering from surgery. (Source: WALB)
    The Lee County Sheriff's Office hosted a Bar-B-Que plate fundraiser to help one of their investigators, who is recovering from surgery. (Source: WALB)The Lee County Sheriff's Office hosted a Bar-B-Que plate fundraiser to help one of their investigators, who is recovering from surgery. (Source: WALB)

    The Lee County Sheriff's Office banned together Friday to help one of their investigators, who is recovering from surgery.  The department hosted a "bar-b-que plate" fundraiser to help with the medical expenses. Tiffany Vinson said she and her brother Matthew Pearce are like any other siblings.  "We rag each other pretty hard, but if I ever need him he is always there for me," said Vinson. "He is what I call my big baby brother." As his...

    More >>

    The Lee County Sheriff's Office banned together Friday to help one of their investigators, who is recovering from surgery.  The department hosted a "bar-b-que plate" fundraiser to help with the medical expenses. Tiffany Vinson said she and her brother Matthew Pearce are like any other siblings.  "We rag each other pretty hard, but if I ever need him he is always there for me," said Vinson. "He is what I call my big baby brother." As his...

    More >>
  • Sylvester police looking for suspects in Sunday shooting

    Sylvester police looking for suspects in Sunday shooting

    Sunday, August 19 2018 5:08 PM EDT2018-08-19 21:08:20 GMT
    Officers responded to a shooting on North Madison Street in Sylvester. (Source: WALB)Officers responded to a shooting on North Madison Street in Sylvester. (Source: WALB)
    Officers responded to a shooting on North Madison Street in Sylvester. (Source: WALB)Officers responded to a shooting on North Madison Street in Sylvester. (Source: WALB)

    Sylvester police said two homes were shot at on North Madison Street just before  3 a.m. Sunday. The department posted to Facebook asking for citizens to help find the suspects.  Sylvester Police Department No injuries were reported.  Officers who responded to the scene said there were children inside the homes during the shooting.  We will continue to follow this story as it develops.  Copyright 2018 WALB. All rights reserved.

    More >>

    Sylvester police said two homes were shot at on North Madison Street just before  3 a.m. Sunday. The department posted to Facebook asking for citizens to help find the suspects.  Sylvester Police Department No injuries were reported.  Officers who responded to the scene said there were children inside the homes during the shooting.  We will continue to follow this story as it develops.  Copyright 2018 WALB. All rights reserved.

    More >>
Powered by Frankly