HomeMy WebLinkAbout11/02/2000 FC minutes FINANCE COMMISSION
MINUTES OF TIlE MEETING
NOVEMBER 2, 2000
VILLAGE HALL BUILDING
I. CALL TO ORDER
The meeting was called to order at 7:00 p.m. Those present included Chairman John Korn and
Commissioners Charles Bennett, George Busse, Vince Grochocinski and Betty Lanner. Also presem
were Village Manager Mike Janonis, Finance Director Douglas Ellsworth, Deputy Finance Director
Carol Widmer and Finance Administrative Assistant Lisa Burkemper. Finance Commissioners Ann
Smilanic and Tom Pekras were absent.
II. APPROVAL OF MINUTES
The minutes of October 19, 2000 were accepted as presented.
III. REVIEW OF THE PROPOSED 2001 VILLAGE BUDGET
Public Works
Commissioner Vince Grochocinski motioned to approve Public Works budget as presented.
Commissioner Charles Bennett seconded with all commissioners in favor.
Debt Service and Risk Management/Insurance
Commissioner Charles Bennett motioned to approve the Debt Service Non-Departmental budget as
presented. Commissioner Vince Grochocinski seconded with all commissioners in favor.
Commissioner George Busse asked Mr. Ellsworth if we have a way of reviewing our insurance
programs. Mr. Ellsworth stated that the Village contracts a consultant to coordinate requests for
proposals and submits these proposals to insurance brokers. As pan of this process, coverage is
reviewed and amended as appropriate,
Community Developmem
Commissioner George Busse would like to recommend modifying the Conunission's Building
Division recommendation to say that any additional revenues collected in permit fees should be
allocated to hiring additional staff members. Cormnissioner Busse stated he would like to have the
Building Division reevaluate some of the required permits with the possibility of eliminated some of
these permits. After further discussion the commission unanimously agreed to recommend that the
Building Division conduct a study of fees. If fees are raised and those fees derive enough money the
Finance Commission would support the money being used to hire a new inspector, if necessary.
Chairman John Korn stated he would present the recommendation to the Board.
Commissioner George Busse motioned to approve the budget of Community Development as
presented. Commissioner Charles Bennett seconded with all commissioners in favor.
Commissioner George Busse introduced a discussion regarding the Community Development Block
Grant program. The Commission would like to recommend to the Board that to the extent within
legal guidelines the Planning Commission should look at giving village-sponsored programs priority
over non-village activities.
IV. OTHER BUSINESS
There was no other business discussed.
V. CHAIRMAN'S REPORT
Mr. Korn had no report.
VI. FINANCE DIRECTOR'S REPORT
Finance Director Douglas Ellsworth noted that the Village Board would be revisiting the discussion
on changing the liability of the real estate transfer tax from buyer to seller at the next Committee of
the Whole Meeting. Mr. Ellsworth asked if the Commission would like to make a recommendation
to the Village Board. There was a discussion on the value of moving from the buyer to the seller.
Several commissioners posed the question as to whether there is an advantage to the Village or the
residents in changing the liability. Commissioner George Busse motioned that the Finance
Commission recommends to the Village Board to switch the liability from the buyer to the seller
without providing a rebate. Commissioner Charles Bennett seconded with all commissioners in favor.
Mr. Ellsworth further discussed the Finance issues being addressed at the next Board Meeting on
December 8~. Mr. Ellsworth stated he would ask the Board to amend the 2000 Budget and will
further make a recommendation to accept Crowe, Chizek and Company as the new auditors.
Commissioner Vince Grochocinski asked Mr. Ellsworth how the new auditor's fees compare to those
of the previous auditors. Mr. Ellsworth stated that their fees are comparable.
VII. NEXT MEETING: DECEMBER 7, 2000
CommissiOner George Busse motioned to adjourn and Commissioner Betty Launer seconded with all
commissioners in favor. The meeting was adjourned at 8:25 p.m: The next meeting is tentatively
scheduled for December 7, 2000 at 7:00 p.m.
Respectfully submitted,
Lisa Burkemper
Administrative Assistant
Finance Department