Grundy County Finance Committee met October 22.
Here is the minutes provided by the committee:
I. Call to Order
Attendee Name; Title; Status; Arrived:
Millie Dyer Board Member Present
John B. Roth Board Member Present
Ann Gill Board Member Present
Dick Joyce Board Member Present
Eric Rasmusson Vice Chairman Absent
Deb Warning Board Member Late 4:47 pm
Kerri Courtright Board Member Present
Chris Balkema Chairman Present
George Gray Administrator Present
Sandy Pommier County Board Admin. Asst. Present
Lori Werden Treasurer Present
Kay Olson County Clerk Present
II. Approve Minutes
1. Finance Committee - Regular Meeting - Oct 9, 2018 4:30 pm
Result: Approved [Unanimous]
Mover: Ann Gill, Board Member
Seconder: Dick Joyce, Board Member
Ayes: Dyer, Roth, Gill, Joyce, Warning, Courtright
Absent: Rasmusson
III. Claims
1. Board Member Vouchers - Total
1. Motion to approve the claims in the amount of $2160.00
Result: Approved [Unanimous]
Mover: Dick Joyce, Board Member
Seconder: Millie Dyer, Board Member
Ayes: Dyer, Roth, Gill, Joyce, Warning, Courtright
Absent: Rasmusson
2. Claims Listing
Result: Approved [Unanimous]
Mover: Dick Joyce, Board Member
Seconder: Kerri Courtright, Board Member
Ayes: Dyer, Roth, Gill, Joyce, Warning, Courtright
Absent: Rasmusson
3. Motion to approve the hand checks in the amount of $617.36.
Result: Approved [Unanimous]
Mover: Ann Gill, Board Member
Seconder: Millie Dyer, Board Member
Ayes: Dyer, Roth, Gill, Joyce, Warning, Courtright
Absent: Rasmusson
IV. Public Comment
None
V. Budget Reporting
At 88% through FY18 the total General Fund expenditures are at 78%; revenues are at 109%.
1. FY18 Budget Tracking
VI. New/Old Business
A. 2018 Amended Budget Review
The FY18 amended General Fund revenues are at $15,764,400, expenditures $15,720,108 with a surplus of $44,292.
B. 2019 Budget Update
The FY19 proposed General Fund budget revenues are at $16,250,894, expenditures are at $16,112,735 with a surplus of $138,159.
C. Review Restricted Funds
All fund balances were provided for the committee's review.
D. Review Opportunities for County Finance Management
Balkema stated that the salary for the past part time receptionist position ($10,700) are budgeted for financial assistance for the County Administrator.
E. Payroll Location Discussion
Personnel Committee will be further discussing payroll processing being done by the HR department, therefore creating a need for the part time assistant to be full time.
F. 5 to 7 Year Plan
The County Administrator will be working on the plan.
G. Vision 2020 Goals
Balkema told he committee that the goals are 50% completed and can be viewed on SharePoint.
VII. Executive Session
None
VIII. Action as a Result of Executive Session
IX. Adjournment
1. Motion to adjourn at 5:30 pm
Result: Approved [Unanimous]
Mover: Ann Gill, Board Member
Seconder: Kerri Courtright, Board Member
Ayes: Dyer, Roth, Gill, Joyce, Warning, Courtright
Absent: Rasmusson
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