Chris Balkema, County Board Chair | Grundy County
Chris Balkema, County Board Chair | Grundy County
Grundy County Finance Committee met Oct. 23.
Here are the minutes provided by the committee:
I. Call to Order
Attendee Name
II. Public Comment
Dave DiVincenzo, Santa Claus is Coming to Morris, spoke regarding the fundraiser to support future !st Responders in Grundy County with scholarships, as well as events that have continued since 2018.
III. Approve Minutes
1. Finance Committee - Regular Meeting - Oct 10, 2023 4:30 PM
RESULT: APPROVED [UNANIMOUS]
MOVER: Greg Ridenour, Board Member
SECONDER: Deb Warning, Board Member
AYES: Gill, Rasmusson, Warning, Boresi, Ridenour, Muffler
ABSENT: Counterman
IV. Claims
1. Board Member Vouchers - Total
1. Motion to approve in the amount of $2080.
RESULT: APPROVED [UNANIMOUS]
MOVER: Greg Ridenour, Board Member
SECONDER: Deb Warning, Board Member
AYES: Gill, Rasmusson, Warning, Boresi, Ridenour, Muffler
ABSENT: Counterman
2. Treasurer's Claims 10/23/2023
RESULT: APPROVED [UNANIMOUS]
MOVER: Ann Gill, Board Member
SECONDER: Eric Rasmusson, Board Member
AYES: Gill, Rasmusson, Warning, Boresi, Ridenour, Muffler
ABSENT: Counterman
V. New Business
1. Proposed Village of Minooka TIF
Jeff Lind, Community Development Officer for the Village of Minooka, spoke regarding the plan for and the impact of Grundy County by the proposed Village of Minooka TIF. The committee requested addition information prior to the Public Hearings and adoption of ordinances in February of 2024.
RESULT: INFORMATIONAL ONLY
VI. Finance Director
1. Finance Report-Discussion
Matt Melvin updated the committee on the budgets, County expansion, audits and ongoing projects.
RESULT: INFORMATIONAL ONLY
2. ARP Update-Discussion
Melvin updated the committee on the list since the last presentation; $6 million left to spend.
RESULT: INFORMATIONAL ONLY
3. FY23 Amended/FY24 Original Budget Updates-Discussion
The FY23 Amended budget resulted in a reduction to capital projects by $120k to balance General Fund.
One small update to the FY24 budget.
RESULT: INFORMATIONAL ONLY
4. Tax Levy Update
Finance Director Melvin presented the 5 year forecast including the changes made to minimize levy costs while maintaining the minimum 6-month reserve recommended by the County's auditors.
1. Five Year Budget Forecast - Draft
2. Comparative Tax Data
VII. ETSB Report
None
VIII. Old Business
None
IX. Executive Session
None
X. Action as a Result of Executive Session
XI. Adjournment
1. Motion to adjourn at 6:02 PM.
RESULT: APPROVED [UNANIMOUS]
MOVER: Deb Warning, Board Member
SECONDER: Greg Ridenour, Board Member
AYES: Gill, Rasmusson, Warning, Boresi, Ridenour, Muffler
ABSENT: Counterman
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