Grundy Reporter

Grundy County Finance Committee met Nov. 26.

Here is the minutes provided by the committee:

I. Call to Order

Attendee Name	Title	Status	Arrived
Millie Dyer	Board Member	Present
Ann Gill	Board Member	Absent
Eric Rasmusson	Board Member	Absent
Deb Warning	Board Member	Present
Debra Jo Kinsella	Board Member	Present
Don Hansen	Vice Chairman	Present
Lana Phillips	Board Member	Present
Sandy Pommier	County Board Admin. Asst.	Present
George Gray	County Board Administrator	Present
Matt Melvin	FA	Present
Lori Werden	Treasurer	Present
Mary Kucharz	HR	Present

II. Approve Minutes

1. Finance Committee - Regular Meeting - Nov 12, 2019 4:30 PM

RESULT: APPROVED [UNANIMOUS]

MOVER: Lana Phillips, Board Member

SECONDER: Don Hansen, Vice Chairman

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

III. Claims

1. Board Member Vouchers - Total

1. Motion to approve the vouchers in the amount of $4000.00.

RESULT: APPROVED [UNANIMOUS]

MOVER: Millie Dyer, Board Member

SECONDER: Don Hansen, Vice Chairman

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

2. Claims Listing

RESULT: APPROVED [UNANIMOUS]

MOVER: Lana Phillips, Board Member

SECONDER: Millie Dyer, Board Member

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

IV. Public Comment

None

V. Budget Reporting

At 97.3% through FY19 the General Fund revenues are at 100%, expenditures 88%.

1. FY19 Budget Tracking

2. 2019 Budget Highlights

Matt Melvin discussed the projects completed during 2019 as well as those planned for FY20 and beyond. He also discussed the reduction of the total tax levy request and the leveraging of General Fund Net income to build the capital improvement fund and self-insurance reserve to help reduce or eliminate future debt issuances.

VI. New Business

A. Discussion - Public Building Commission Debt Overview

Matt Melvin and George Gray provided a brief overview of the payment schedule and the possibility of paying off early.

B. Discussion - Centralized Purchasing

VII. Old Business

VIII. Executive Session

None

IX. Action as a Result of Executive Session

X. Adjournment

1. Motion to adjourn at 4:46 PM

RESULT: APPROVED [UNANIMOUS]

MOVER: Debra Jo Kinsella, Board Member

SECONDER: Millie Dyer, Board Member

AYES: Dyer, Warning, Kinsella, Hansen, Phillips

ABSENT: Gill, Rasmusson

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