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Finance Committee

Regular Meeting

Edwardsville, IL · May 26, 2020

AgendaMinutes

Agenda

Meeting Date: Tuesday, May 26, 2020 Meeting Time: 3:30 p.m. Meeting Location: City Hall 118 Hillsboro Avenue Edwardsville, IL 62025 FINANCE COMMITTEE AGENDA Committee Members Craig Louer, Chair Chris Farrar Janet Stack 1) Call to Order 2) Citizens wishing to address the Committee Members of the public may submit comments to this meeting by calling 618-307-1715 and leaving a message or by emailing publiccomment@cityofedwardsville.com 3) Approval of Minutes of the May 12, 2020 meeting 4) Group Health Insurance Fund Report will be announced at the Tuesday, June 02, 2020 Council Meeting 5) Old Business 6) New Business a) Claims amount will be announced at the Tuesday, June 02, 2020 Council meeting b) Reports i) Walt Williams, Economic Community Development Director If prospective attendees require an interpreter or other access accommodation, please contact the Edwardsville City Clerk’s office at 618-692-7500 no later than 48 hours prior to the commencement of the meeting to arrange the accommodations. Finance Committee Agenda Page 2 of 2 ii) Jeanne Wojcieszak, Finance Director (1) Revenue Risk Assessment Report (2) Finance Calendar (a) August 2020 (i) 1st Quarter Review 1. Revenue and Expense Report 2. Budget Adjustments as needed (ii) 19-20 Audit Review 1. TIF Reports and JRB Meetings (b) November 2020 (i) Mid-Year Review 1. Revenue and Expense Report 2. Budget Adjustments as needed (ii) Property Tax Levy Drafted 1. EAV Estimates (c) December 2020 (i) Property Tax Levy Approved (d) January – April 2021 (i) FY21-22 Budget Prepared 1. Approved by Mayor 2. Approved by Finance 3. Approved by Council (e) April 2021 (i) FY20-21 Close Out 1. End of Year Claims (f) May 2021 (i) FY21-22 Appropriation Ordinance 1. Approved by Finance 2. Approved by ACS 3. Approved by Council iii) Rich Hampton, City Treasurer 7) Finance Committee will meet on Tuesday, June 09, 2020 at 3:30 pm in Council Chambers