HomeMy WebLinkAbout08/11/1998 COW agenda SPECIAL MEETING
COMMITTEE OF THE WHOLE
AGENDA
Meeting Location: Meeting Date and Time:
Mount Prospect Senior Center Tuesday, August 11, 1998
50 South Emerson Street 7:30 P.M.
i. CALL TO ORDER - ROLL CALL
II. ACCEPTANCE OF MINUTES -
JUNE 23, 1998 AND SPECIAL MEETING - JUNE 30, 1998
iii. CITIZENS TO BE HEARD
IV. 1998 MID-YEAR BUDGET REVIEW - 1999 PRE-BUDGET WORKSHOP
Traditionally, the Village Board has engaged in a mid-year review of the current
year Budget as a means of monitoring the Revenue and Expenditure levels
contained therein. In 1996, the Village Board added a new component to this
process, a Pre-Budget Workshop, specifically designed to look forward toward the
coming Budget year with the idea of setting parameters and giving staff direction
for the next Budget. This latter exercise was facilitated by the inclusion of a
forecast budget in the annual Budget document.
With the close of June financial activity, staff is now in the position to present mid-
year financial data as well as review the 1999 forecast Budget. Overall, I believe
you will find the Village--s finances to be in order for 1998 and that based on the
1999 forecast budget presented last year, we will find ourselves in a much better
position than we had originally anticipated for next year.
With regard to the 1999 Budget, it is anticipated that the Village Board and staff will
engage in an overview of the upcoming Village Budget with particular focus on
problems, trends, initiatives and revenue/expenditure projections. The discussion
will lead to establishing general parameters for the construction of the actual
Budget document that will be formally considered later in the year.
NOTE: ANY INDIVIDUAL WHO WOULD LIKE TO ATTEND THIS MEETING BUT
BECAUSE OF A DISABILITY NEEDS SOME ACCOMMODATION TO
PARTICIPATE, SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE
AT 100 SOUTH EMERSON, MOUNT PROSPECT, ILLINOIS 60056,
847/392-6000, EXTENSION 5327, TDD #847/392-6064.
As was the approach last year, I would again suggest that the focus remain broad
as opposed to more detailed discussions regarding specific line items. If, during
the Pre-Budget Workshop, questions arise regarding current or new initiatives
proposed by staff or Village Board, I would again suggest that the focus be on
defining the initiative and what the issues are pro and con so that staff can then
undertake research with the idea of being prepared for detailed discussion at the
regular Budget Hearings.
In that same light, it would be appropriate for Board members to raise individual
items or initiatives which they would like to have considered in preparation of the
upcoming Budget. A ^Budget Suggestion sheet is included in your information
package. If at all possible, I would ask that completed sheet(s) be brought to the
meeting for consideration by the entire Board. If there is consensus to pursue
particular items, then staff can follow-up as appropriate and include same within the
proposed Budget document.
Finance Director Doug EIIsworth will provide an overview of his report and
appropriate Department Directors and staff will be available to answer questions
and facilitate discussion. You may want to bring your 1998 Budget book to the
meeting as additional reference material.
V. VILLAGE MANAGER--S REPORT
Vi. ANY OTHER BUSINESS
CLOSED SESSION
A. PERSONNEL 5 ILCS 1202/2 (c) (1) - ^The appointment, employment, compensation,
discipline, performance, or dismissal of specific employees of the public body, including
hearing testimony on a complaint lodged against an employee to determine its validity.~
B. PROPERTY ACQUISITION 5 ILCS 120/2 (C) (5) - ^The purchase or lease of real property
for the use of the public body, including meetings held for the purpose of discussing whether
a particular parcel should be acquired.~
Vii. ADJOURNMENT