Finance Committee Meeting - June 9, 2026

The City of Winston-Salem Finance Committee held its final meeting of the fiscal year on June 9, 2026, focusing on several procurement and budget-related items. Key procurement discussions included awarding a three-year contract worth approximately $3.2 million to Allied Universal Security Services for city and transit security, replacing the current vendor North State. The contract includes armed officers, entry screening, and roving security with a requirement to retain current personnel. Another significant item was the approval of a lease agreement with Enders Family Farms for the Kimberly Park Hydroponics Greenhouse Facility, transitioning from a city-operated model to a lease to reduce taxpayer subsidy while supporting food resilience goals. Additionally, the committee reviewed a proposed 30-year lease of city park land to W Amphitheater LLC for an artist village supporting the downtown amphitheater, with lease terms starting at $1,000 per month and increasing after five years. The lease includes provisions for permanent structures and a public hearing was scheduled for City Council consideration. The committee also discussed year-end budget amendments, including reallocations within the general fund and additional appropriations for public safety overtime and ballpark maintenance. Lastly, the committee deliberated on funding allocations totaling approximately $956,550 for nonprofit community agencies, with discussions emphasizing equitable distribution and ensuring programs serve the city's diverse population. Motions to approve the contract awards, lease agreements, budget amendments, and funding allocations were passed, with some items pending further public hearings or council approval.