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FCM19910924FINANCE COMMITTEE - CITY OF MUSKEGO MINUTES OF MEETING HELD SEPTEMBER 24, 1991 0 The meeting was called to order at 7:00 P.M. by Chairman Salentine. Also present were Committee Members Hilt, H. Sanders, and Dumke, City Clerk Marenda, Aid. David Sanders, Ald. Simmons, Ald. Taube and Ald. Patterson. The Committee discussed proposed increase for elected officials. Ald. Hilt moved to recommend a salary increase of 6% for those positions to be elected in Spring of 1992. Seconded by Ald. Dumke, motion carried. The Finance Committee did not recommend pensions for elected officials. The Committee discussed park dedication fees for Lake Forest and referred to Council without a recommendation. The agreement between the City of Muskego and Muskego Volunteer Fire Company for the proposed new Fire Station was removed from the agenda as the final draft of the agreement is being worked on by the City Attorney. The Committee reviewed Tax Incremental District #l created in 1979 which was dissolved in 1991. The City's accountants have determined that there is a surplus of $703,562.46 available as a partial distribution to the taxing entities affected by the Tax Incremental District which could be distributed as follows as the final audit of Tax Incremental District #l has not been completed. Muskego/Norway School District $457,955.11 Waukesha County 82,281.23 WTCT 36,095.52 City of Muskego 127,230.60 TOTAL $703,562.46 Ald. Hilt moved to recommend Council approval of above distribution and to authorize and direct the City Treasurer to submit to the taxing entities the partial distribution. Seconded by Ald. H. Sanders, motion carried. The Finance Committee reviewed agreement for Public Snowmobile Trail which has been recommended by the Parks & Recreation Board. Waukesha County is requesting to construct and maintain a public snowmobile trail in Denoon Park. Computer Purchases were removed from the agenda. Ald. Hilt moved to approve request for Release of Funds for Lake Point Estates in the amount of $34,357.60. Seconded by Ald. Dumke, motion carried. Ald. Dumke moved to approve General Funds Vouchers in the amount of $694,194.75 and Utilities Voucher in the amount of $31,509.42. Seconded by Ald. H. Sanders, motion carried. The meeting adjourned at 7:45 P.M. Respectfully submitted, Ald. Harold L. Sanders Secretary