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FCM.2022.07.26 ApprAPPROVED CITY OF MUSKEGO FINANCE COMMITTEE MINUTES July 26, 2022 5:30 PM Muskego City Hall, W182 S8200 Racine Avenue CALL TO ORDER Mayor Petfalski called the meeting to order at 5:30 pm. PLEDGE OF ALLEGIANCE Those present recited the Pledge of Allegiance. ROLL CALL ue Cry of ...._..USKEGO Alderpersons Wolfe, Hammel and Kubacki. Also present: Finance & Administration Director Sharon Mueller, Assistant Finance & Administration Director Mustapich. Public Works & Development Director Kroeger, Attorney Warchol, Deputy Clerk Roller. Alderpersons Terrence, Madden, Schroeder arrived at 5:34 pm. Alderperson Kapusta arrived at 5:39 pm. PUBLIC MEETING NOTICE Deputy Clerk Roller stated that the meeting was noticed in accordance with the open meeting law. APPROVAL OF MINUTES Approval of June 28, 2022 Finance Committee Minutes Alderperson Kubacki to approve; Alderperson Wolfe seconded. Motion carried. 2021 AUDIT PRESENTATION Ms. Wendi Unger, CPA Baker Tilly highlighted points of the Financial Statements, year ending December 31, 2021. The opinion of Ms. Unger is the City of Muskego's Financial Statements are in compliance with an opinion of a clean, unmodified opinion, that is the highest level of assurance an organization can obtain from Baker Tilly. All in all, the City of Muskego is a very positive position. LICENSE APPROVALS None. NEW BUSINESS Recommend Approval of the Purchase of a Virtual Reality Simulator Mayor Petfalski provided a brief description of the simulator which provides real -world situations by virtual participation. The simulator is controlled by a field office who can make changes/adjustments to the scenario -just as if it were happening in real life. Aide rperson Kubacki moved to recommend approval; Aide rperson Hammel seconded. Motion carried. Finance Committee Minutes July 26, 2022 Page 12 Recommend Approval of an Agreement Terminating a Termination and REC Agreement Between The City of Muskego and the Village of Muskego Lakes Partnership Alderperson Wolfe moved to recommend approval; Alderperson Hammel seconded. Motion carried. Recommend Approval of Dedication of Public Improvements for PEGARL LLP Alderperson Hammel moved to recommend approval; Alderperson Kubacki seconded. Motion carried. Recommend Approval of Letter of Credit Reduction for PEGARL LLP Alderperson Kubacki moved to recommend approval; Alderperson Wolfe seconded. Motion carried. VOUCHER APPROVAL Alderperson Kubacki to recommend approval of Utility Vouchers in the amount of $98,297.27; Alderperson Wolfe seconded. Motion carried. Alderperson Kubacki to recommend approval of General Fund Vouchers in the amount of $336,538.87; Alderperson Hammel. Motion carried. Alderperson Kubacki to recommend approval of Wire Transfers for Payroll/Invoice Transmittals in the amount of $387,899.50; Alderperson Wolfe seconded. Motion carried. FINANCE DIRECTOR'S REPORT Assistant Finance Director Mustapich provided a quarterly report. • Elections -absentee ballots are significantly less than in recent years with about 650 returned ballots as of today. In -Person Absentee voting begins today through August 5,2022. • Electronic pollbooks have arrived after 4-yeardelay. The Badger Books will most likely be implemented with the Spring 2023 elections. • Board of Review took place last week with no objections. • Renewed liquor licenses were distributed to all establishments by the June 30, 2022 deadline. • Second quarter fund operating results are on track. COMMUNICATIONS AND ANY OTHER BUSINESS AS AUTHORIZED BY LAW None. ADJOURNMENT Alderperson Hammel moved to adjourn at 5:46 pm; Alderperson Kubacki seconded. Motion carried. Minutes taken and transcribed by Deputy Clerk Roller.