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HomeMy WebLinkAbout09/25/2014 FC Minutes FINANCE COMMISSION Minutes of the Meeting September 25, 2014 1" Floor Community Center Village Hall 50 S. Emerson Street I. Call to Order The meeting was called to order at 7:03 p.m. Those present included Chairman Vince Grochocinski and Commissioners Pam Bazan, John Kellerhals, Trish Chokshi and Don Ocwieja. Finance Director David Erb was also in attendance. Commissioner Tom Pekras was unable to attend the meeting. 11. Approval of Minutes March 27, 2014 - Commissioner Kellerhals moved to approve the minutes and Commissioner Bazan seconded the motion. The minutes were approved. 111. Citizens to be Heard There were no citizens to be heard. IV. Old Business There was not any old business. V. New Business Finance Director Erb introduced the new Finance Commission's newest member Trish Chokshi. Finance Director Erb provided a review of the proposed 2014 Property Tax Levy. The Levy has not been approved and may be affected by upcoming budget discussions. The Commission discussed levy increase alternatives. A 1% change in the levy equates to approximately $173,000 in revenue. Additional discussion regarding the tax levy is planned for future Finance Commission meetings. VI. Other Business There was no other business. VII. Chairman's Report There was no Chairman report. VIII. Finance Director's Report There was no Finance Director Report. IX. Next Meeting: October 16, 2014 The next meeting will be Thursday, October 16, 2014, 6:OOpm at Village Hall, I't Floor Community Center. 1 X. Adjournment Commissioner Bazan motioned to adjourn the meeting. Commissioner Chokshi seconded the motion. The meeting was adjourned at 9:23 p.m. Respectfully Submitted, Don Ocwieja 2