HomeMy WebLinkAbout03/15/2003 COW Minutes WorkshopMINUTES OF THE SPECIAL VILLAGE BOARD FINANCIAL WORKSHOP
OF THE MAYOR AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT
PUBLIC SAFETY BUILDING
POLICE AND FIRE TRAINING ROOM
MARCH 15, 2003
CALL CALL TO ORDER
TO ORDER Mayor Gerald Farley called the meeting to order at 7:45 a.m.
ROLL CALL
ROLL CALL Present upon roll call: Trustee Timothy Corcoran
Trustee Paul Hoefert
Trustee Richard Lohrstorfer
Trustee Michaele Skowron
Trustee Michael Zadel
Trustee Irvana Wilks arrived at
8:00 a.m.
Also present: Village Manager Michael Janonis
Assistant Village Manager David Strahl
Finance Director Doug Ellsworth
Deputy Finance Director Carol Widmer
FINANCIAL PLANNING
FINANCIAL There was a discussion regarding various funding options for the
PLANNING 2004 budget and projection for 2005 budget. There was also
discussion regarding the general consensus of Village Board
members for funding options and where additional discussion
would be necessary. There was also discussion regarding the
development of a discretionary summary highlighting parts of the
budget that the Village Manager would be charged with addressing
in an attempt to reduce the overall expenditures.
Village Board consensus was to move forward with the
spreadsheet illustrating the general majority of various
revenue and expenditure options for further public discussion.
It was also determined that the pros and cons of the various
sources and expenditure impacts be provided by staff for
Village Board information.
ADJOURNMENT ADJOURNMENT
There being no other business considered at the Special meeting,
Trustee Skowron made a Motion and Seconded by Trustee Hoefert
to adjourn the meeting.
Upon roll call: Ayes: Corcoran, Hoefert, Lohrstorfer,
Skowron, Wilks, Zadel
Nays: None
Motion carried.
The meeting was adjourned at 8:47 a.m.
David Strahl
Assistant Village Manager
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