HomeMy WebLinkAbout10/11/2001 FC minutes INANCE COMMISSION
AMENDED MINUTES OF THE MEETING
OCTOBER 11, 2001
VILLAGE HALL BUILDING
I. CALL TO ORDER
The meeting was called to order at 7:00 p.m. Those present included Chairman John Kom and
Commissioners George Busse, Vince Grochocinski, A~m Hull, Tom Pekras and Ann Smilanic. Also
present were Village Manager Michael Janonis, Village Clerk Velma Lowe, MIS Coordinator Joan
Middleton, Cable Production Coordinator Ross Rowe, Director of Human Services Nancy Morgan,
Deputy Director of Human Services Jan Abemethy, Director of Finance Douglas Ellsworth, Deputy
Director of Finance Carol Widmer and Finance Administrative Assistant Lisa Burkemper.
Commissioner Charles Bennett was absent.
II. APPROVAL OF MrNUTeS
Commissioner Thomas Pekras motioned to approve the minutes of July 26, 2001. Commissioner Ann
Smilanic seconded the motion and the minutes were accepted as presented.
III. R~vmw OF THE PROPOSED 2002 VILLAGE BUDGET
Village Manager Mike Janonis began by stating that the Village's proposed budget totals $72,055,425,
which is an increase of 3.9% over last year.
Finance Director Doug Ellsworth presented a brief overview of the 2002 Proposed Budget. Mr.
Ellsworth provided a summary of the various revenue sources and expenditures within the proposed
budget.
Commissioner George Busse asked if the telecommunication tax is reflected in the proposed budget.
Mr. Ellsworth stated the wireless commtmication company's portion of the tax is not reflected in the
budget. Commissioner Ann Smilanic asked if the revenues reflect the increases in permit fees within the
building division. Mr. Ellsworth stated that the increased fees are reflected in the budget.
Village Adminiatration
Village Manager Mike Janonis presented a summary of the various areas in the proposed budget for the
Village Administration. The Village Administration's 2002 proposed budget totals $1,735,392, which
represents an increase of 2.1% over the 2001 budget.
Chairman John Kom and Commissioner George Busse both stated that the creation of a resident survey,
included under the Public Information section of the budget, should be developed slowly but will be a
valuable tool for the village.
Chairman John Kom asked Cable Television Coordinator Ross Rowe what kind of contracts or
agreements are in place with the School Districts, Library and Park District for expanded programming.
Mr. Rowe stated there are two-year agreements with a two-year option in place. There are also built in
increases for the second year of the agreements.
ommissioner George Busse asked to see a copy of the procedure for the vacation/personal and sick
time buy back incentive program. Mike Janonis stated he would provide Mr. Busse with a copy.
Human Services Department
Human Services Director Nancy Morgan began her presentation with an overview of the Human
Services Department. The Human Services proposed budget equals $691,486, which is an increase of
2.7% over the 2001 budget. Ms. Morgan mentioned there was a new budget category this year, youth
activities. Ms. Morgan also discussed in detail the preparation that is beginning to take place in
anticipation of the move associated with the new village hall/community center. Chairman John Korn
asked when the department would start moving the senior activities to their new location. Nancy
Morgan stated it could be as early as spring 2002.
Finance Department
Director of Finance Doug Ellsworth gave a brief overview of the finance departments proposed 2002
budget. The 2002 proposed budget totals $1,393,000, which is an increase of 4.3% over the 2001
budget. Mr. Ellsworth stated that the Liability Insurance account shows a 32% increase over Iast year
since more money is needed because of an increase in the number o£claims.
Commissioner Ann Smilanic asked why the number of real estate transfer tax transactions have
increased but the amount of money collected has not. Mr. Ellsworth stated that there have been a large
number of residents refinancing as well as a large number of houses sold versus large commercial
transactions.
IV'. OTHER BUSINESS
There was no other business discussed.
V. CHAIRMAN'S REPORT
Chairman Korn had nothing to report.
VI. FINANCE DIRECTOR'S REPORT
Finance Director Doug Ellsworth briefly discussed the bond bid opening handout that was given to the
commission members.
VII. NEXT MEETING: OCTOBER 18, 2001
Commissioner Ann Smilanic motioned to adjourn and Commissioner Vince Grochocinski seconded the
motion. The meeting was adjourned at 10:05 p.m. The next meeting will be October 18th.
Respectfully submitted,
2
Lisa Burkemper
Administrative Assistant
Finance Department