Grundy Reporter

Kendall County Budget & Finance Committee met Aug. 10.

Here is the minutes provided by the Committee:

Call to Order

Committee Chair John Purcell called the Budget and Finance Committee to order at 5:52p.m.

Roll Call

John Purcell Present

Lynn Cullick Present

Bob Davidson Present

Matt Kellogg Present

Matthew Prochaska Present

Others Present: RaeAnn VanGundy, Scott Koeppel

Claims Review and Approval – Member Prochaska made a motion to forward the Approval of Claims in an amount not to exceed $1,082,608.73, Coroner Claims in an amount not to exceed $989.25, and Grand Juror Claims (8-15-2017) in an amount not to exceed $512.07, second by Member Cullick. With five members present voting aye, the motion carried by a vote of 5-0.

Department Head and Elected Official Reports – None

Items from Other Committees

Facilities Committee – Member Davidson informed the committee that they continue work on the budget and hope to have it ready for review by the Finance Committee next month.

Legislation – Member Prochaska updated the committee on the State of Illinois and the funding cuts for local and County governments. Mr. Prochaska reported there is a possible lawsuit, and will hopefully have additional information by the end of the month. Mr. Davidson expressed his support in Kendall County being the lead in pursuing a lawsuit against the state.

Highway – Member Kellogg stated that Fran Klaas presented his flat budget and the flat levy for FY18 to the Highway Committee at the last meeting.

Items of Business

 Approval of the Ordinance Authorizing the Issuance of $18,000,000 General Obligation

Alternate Bonds of the County of Kendall, Illinois for the Purpose of Refunding Outstanding

Alternate Bonds – Member Purcell stated that this is the next step when going through the refunding of bonds. The committee also reviewed the costs from 2016, and the estimated costs from Speer Financial for this year. Motion by Member Prochaska, second by Member Kellogg to forward the item to the County Board for approval. With a vote of 5-0, the motion carried.

 FY18 Budget – The committee reviewed the Fund Balances – Cash Basis reports as of July 31, 2017 provided by Latreese Caldwell. Discussion on various funds including Economic Development, GIS, and Animal Control.

Public Comment – None

Questions from the Media – None

Items for Committee of the Whole - None

Items for the County Board

1. Approval of the Ordinance Authorizing the Issuance of $18,000,000 General Obligation

Alternate Bonds of the County of Kendall, Illinois for the Purpose of Refunding Outstanding Alternate Bonds

2. Approval of Claims in an amount not to exceed $1,082,608.73, Coroner Claims in an amount not to exceed $989.25, and Grand Juror Claims (8-15-2017) in an amount not to exceed $512.07

Executive Session – Not needed

Adjournment – Member Cullick made a motion to adjourn the Budget and Finance Committee meeting, second by Member Prochaska. The meeting was adjourned at 6:21p.m. by a 5-0 vote

http://www.co.kendall.il.us/wp-content/uploads/08-10-2017-Finance-Minutes.pdf