Grundy Reporter

Grundy County Insurance Trust Commission met March 11.

Here is the minutes provided by the commission:

I. Call to Order

Also Present: Tawnya Mack, Auditor

II. Public Portion

None

III. Approval of Minutes

1. Grundy County Insurance Trust - Regular Meeting - Nov 26, 2018 4:30 PM

RESULT: APPROVED [6 TO 0]

MOVER: Don Hansen, Board Member

SECONDER: Ann Gill, Board Member

AYES: Dyer, Gill, Rasmusson, Kinsella, Hansen, Phillips

ABSTAIN: Warning

IV. Claims

A. Mack & Associates - $3350.00

1. Mack & Associates Invoice

RESULT: APPROVED [UNANIMOUS]

MOVER: Lana Phillips, Board Member

SECONDER: Debra Jo Kinsella, Board Member

AYES: Dyer, Gill, Rasmusson, Warning, Kinsella, Hansen, Phillips

V. Old/New Business

A. FY18 Audit

Tawnya Mack, Mack & Associates, presented the Grundy County Self-Insurance Trust Annual Financial Report dated November 30, 2018. The net change in fund balance was ($401,540) compared to ($293,788) in 2017. A discussion was held regarding the implementation of internal control procedures, financial oversight and future planning for replenishing the Trust Fund.

VI. Executive Session

None

VII. Action Taken as a Result of Executive Session

VIII. Adjournment

1. Motion to adjourn at 4:45 PM

RESULT: APPROVED [UNANIMOUS]

MOVER: Debra Jo Kinsella, Board Member

SECONDER: Millie Dyer, Board Member

AYES: Dyer, Gill, Rasmusson, Warning, Kinsella, Hansen, Phillips

http://grundycountyil.iqm2.com/Citizens/FileView.aspx?Type=12&ID=2461