HomeMy WebLinkAbout03/21/1985 FC minutesMINUTES
MOUNT PROSPECT FINANCE COMMISSION
March 21, 1985
I Roll Call
The meeting was called to order at 7:30 P.M. by Village Manager Terrance
Burghard. Commissioners present were Richard Bachhuber and Ann Smilanic.
Also present were: Village Manager Terrance Burghard, Assistant to the
Village Manager Michael Janonis, and Finance Director David Jepson.
II Review of 1985/86 Budqet Recommendations
Commissioner Ann Smilanic presented a report which summarized the observa-
tions and recommendations of the Finance Commissioners during the four
previous review sessions. The report and the recommendations were reviewed
and discussed by Commissioners Bachhuber and Smilanic and the Village Staff
in attendance. It was the consensus that the report accurately summarized
the observations, comments and recommendations of the Finance Commission
and that the report should be given to the Mayor and Board.
III Other Business
Village Manager Burghard expressed his appreciation to the Finance Commission
for the effort and time that had been devoted to the 1985/86 budget review.
He explained that there would be a formal public hearing on April 16, 1985
and invited the Commission Members to attend.
Mr. Burghard also informed the Commissioners that a special meeting would
be called within 60 days for the purpose of reviewing a draft of a village
Cash Management and Investment Policy.
IV Adjournment
There being no further business, the meeting adjourned at 8:40 P.M.
Respectfully Submitted
David C. Jepson
Finance Director
Attachment:
Finance Commission Report - Review of Proposed Budget