HomeMy WebLinkAbout01/25/2007 FC minutes
FINANCE COMMISSION
DRAFT
MINUTES OF THE MEETING
JANUARY 25, 2007
VILLAGE HALL BUILDING
DRAFT
I. CALL TO ORDER
The meeting was called to order at 7:08 p.m. Those present included Chairman Charles Bennett and
Commissioners Wayne Gardner, Vince Grochocinski, Tom Pekras and Ann Smilanic. Also present were
Daily Herald reporter Steve Zalusky, resident Dennis O'Meara, Director of Finance David Erb, Deputy
Director of Finance Carol Widmer and Finance Administrative Assistant Lisa Burkemper.
Commissioner John Kellerhals was absent.
II. ApPROVAL OF MINUTES
There was a discussion regarding the October 25,2006 minutes and a motion to approve the minutes.
However, it was determined that the October 25, 2006 minutes were approved at the Finance
Commission meeting that took place on November 8, 2006.
There was a discussion regarding two corrections to the minutes of November 2,2006. Commissioner
Tom Pekras motioned to approve the minutes of November 2,2006 as amended. Commissioner Ann
Smilanic seconded the motion and the minutes were accepted as amended.
III. DISCUSSION REGARDING PROPOSED 2007 WORK PLAN
Chairman Charles Bennett began the discussion by asking the members ifthey had any suggested topics
to add to the work plan. The members requested again that a budget meeting be scheduled in November
for finance commission members only. It was decided that the meeting would take place on November
8, 2007 without staff. After input from the various members ofthe commission the 2007 work plan was
set (see attached).
IV. OTHER BUSINESS
Commissioner Ann Smilanic asked if the Budget Revenue and Expenditure Summary Report included
in the packet contained final numbers for the year. Deputy Director Carol Widmer stated that the
numbers were not year end numbers.
Resident Dennis O'Meara spoke to the commission regarding several topics of interest to him. There
was a brief discussion related to Mr. O'Meara's comments.
V. CHAIRMAN'S REPORT
Chairman Charles Bennett advised that at future commission meetings he would highlight what has
happened at the most recent Village Board Meetings and Committee of the Whole Meetings.
VI. FINANCE DIRECTOR'S REPORT
Director of Finance David Erb presented the commission with their copies of the 2007 Village Budget
and the most recent statement of investments. Mr. Erb also provided an update on the auditor's
schedule.
VII. Next Meeting: February 22. 2007
Commissioner Ann Smilanic motioned to adjourn which Commissioner Vince Grochocinski seconded.
The meeting was adjourned at 8:37 p.m. The next meeting will be Thursday, February 22,2007.
Respectfully submitted,
Lisa Burkemper
Administrative Assistant
Finance Department
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