Finance Committee

City of Joliet 150 West Jefferson Street Joliet, IL 60432 Meeting Minutes - Pending Approval Tuesday, October 18, 2022 5:30 PM City Hall, Council Chambers Finance Committee Committee Members Councilman Joe Clement Councilman Cesar Guerrero Councilwoman Sherri Reardon Finance Committee Meeting Minutes - Pending Approval October 18, 2022 Page 1 of 1 Finance Committee Meeting Minutes - Pending Approval October 18, 2022 Citizens who are unable to attend the meeting can email comments in advance of the meeting to publiccomment@joliet.gov. ROLL CALL: Present Councilwoman Sherri Reardon, Councilman Cesar Guerrero and Councilman Joe Clement ALSO PRESENT: James Ghedotte - Director of Finance, Kevin Sing - Budget Officer and Armando De Avila - Risk Management. APPROVAL OF MINUTES: Attachments: September2022 Minutes A motion was made by Councilwoman Sherri Reardon, seconded by Councilman Joe Clement, to approve the Minutes for the September 20, 2022 Finance Committee Meeting. The motion was carried by the following vote: Aye: Councilwoman Reardon, Councilman Guerrero and Councilman Clement CITIZENS TO BE HEARD ON AGENDA ITEMS: None. AGENDA ITEMS: Resolution Designating Financial Institutions to be used as TMP-4611 Depositories for City Funds Attachments: Depositories James Ghedotte, Director of Finance - presented the resolution for JP Morgan Chase to be added as one of the depositories for the City funds, and recommend that it goes before the full council for approval. No further discussion held. A motion was made by Councilwoman Sherri Reardon, seconded by Councilman Joe Clement that the resolution for JP Morgan Chase be added as one of the depositories for the City funds, to go before the full council for final approval. The motion was carried by the following vote: Aye: Councilwoman Reardon, Councilman Guerrero and Councilman Clement REPORTS: TMP-4615 Page 1 of 2 Finance Committee Meeting Minutes - Pending Approval October 18, 2022 Attachments: September2022 Monthly Financial Report Kevin Sing, Budget Officer - presented the Monthly Financial Report for September 2022. Brief discussion held. TMP-4616 Attachments: Invoices Paid 09.22 Mr. Ghedotte briefly discussed the Invoices Paid report for September 2022. No further discussion held. TMP-4617 Attachments: Travel 09.22 No discussion held. TMP-4618 Attachments: October2022 Personnel Summary Armando De Avila, Risk Management - discussed employment positions currently open within the City of Joliet. No further discussion held. NEW OR OLD BUSINESS, NOT FOR FINAL ACTION OR RECOMMENDATION: Councilman Joe Clement, mentioned a possible position opening within the Joliet Police Department that may anticipate a budget amendment to accommodate additional staff . Brief discussion held. PUBLIC COMMENTS: None. ADJOURNMENT: A motion was made by Councilman Joe Clement, seconded by Councilwoman Sherri Reardon, to adjourn. The motion was carried by the following vote: Aye: Councilwoman Reardon, Councilman Guerrero and Councilman Clement This meeting will be held in an accessible location. If you need a reasonable accommodation, please contact Christa M. Desiderio, City Clerk, 150 West Jefferson Street, Joliet, Illinois 60432 at (815) 724-3780. Page 2 of 2