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FINANCE COMMITTEE Minutes - 9/24/2013 Approved CITY OF MUSKEGO FINANCE COMMITTEE MINUTES September 24, 2013 5:30 PM City Hall, W182 S8200 Racine Avenue CALL TO ORDER Mayor Chiaverotti called the meeting to order at 5:30 p.m. PLEDGE OF ALLEGIANCE Those Present recited the Pledge of Allegiance. ROLL CALL Present: Committee Members Soltysiak, Glazier and Kubacki. Also present: Ald. Hammel and Madden, Director of Finance and Administration Mueller and Deputy Clerk Blenski. PUBLIC MEETING NOTICE Ms. Blenski stated that the meeting was properly noticed. APPROVAL OF MINUTES - September 10, 2013 Ald. Glazier made a motion to approve the September 10, 2013 minutes. Ald. Kubacki seconded. Motion Passed 3 in favor. LICENSE APPROVALS Recommend Approval of Temporary License to Sell Wine - St. Leonard Congregation - November 1, 2013 Ald. Kubacki made a motion to recommend approval of a Temporary "Class B" License to Sell Wine for St. Leonard Congregation on November 1, 2013, Ald. Soltysiak seconded. Motion Passed 3 in favor. Recommend Approval of Operator Licenses Ald. Soltysiak made a motion to recommend approval of Operator Licenses for Colleen Gartzke, Nancy Kerns (Temporary for 11/1), Luke Kreuzer, Pamela Pulver, Matthew Shearer, Katherine Zeidler subject to the licensing requirements being completed prior to issuance. Ald. Glazier seconded. Motion Passed 3 in favor. 2012 AUDIT PRESENTATION Ms. Vicki Hellenbrand of Baker Tilly Virchow Krause was present to review the highlights of the City’s 2012 financial statements. She noted some of the key points in the audit management letter. She acknowledged the time and effort Ms. Mueller devoted to learn how to prepare the City’s financial statements. Ms. Hellenbrand commended the City for recognizing its liability regarding compensated absences and planning for it. She noted that total expenditures in 2012 were lower than in 2008. Regarding the Water Utility, Ms. Hellenbrand does recommend that the City apply to the PSC for a simplified rate case in 2014. Ms. Hellenbrand does not recommend the use of fund balance this year to compensate for the lower assessed property values as a result of the revaluaton that was done. A copy of the presentation handout is available in the Department of Finance & Administration. Mayor Chiaverotti thanked Ms. Hellenbrand for her attendance. NEW BUSINESS Recommend the Mayor be Authorized to Approve Year-End Vouchers Ald. Glazier made a motion to authorize the Mayor to approve year end vouchers with insertion of meeting date of December 24, 2013 in the Council resolution. Ald. Kubacki seconded. Motion Passed 3 in favor. VOUCHER APPROVAL Utility Vouchers Ald. Soltysiak made a motion to approve Utility Vouchers in the amount of $62,088.92. Ald. Kubacki seconded. Motion Passed 3 in favor. Tax Vouchers Ald. Soltysiak made a motion to approve Tax Vouchers in the amount of $1,190.66. Ald. Glazier seconded. Motion Passed 3 in favor. General Fund Vouchers Ald. Soltysiak made a motion to approve General Fund Vouchers in the amount of $1,076,245.95. Ald. Kubacki seconded. Motion Passed 3 in favor. Wire Transfers for Debt Service Ald. Soltysiak made a motion to approve Wire Transfers for Debt Service in the amount of $166,493.75. Ald. Glazier seconded. Motion Passed 3 in favor. Wire Transfers for Payroll Transmittals Ald. Soltysiak made a motion to approve Wire Transfers for Payroll Transmittals in the amount of $274,799.87. Ald. Kubacki seconded. Motion Passed 3 in favor. FINANCE DIRECTOR’S REPORT COMMUNICATIONS AND ANY OTHER BUSINESS AS AUTHORIZED BY LAW None. ADJOURNMENT Ald. Soltysiak made a motion to adjourn the meeting at 5:57 p.m. Ald. Kubacki seconded. Motion Passed 3 in favor.