Finance & Administration Committee

Village of Lombard Village Hall 255 East Wilson Ave. Lombard, IL 60148 villageoflombard.org Meeting Agenda Monday, July 24, 2017 6:00 PM Village Manager's Conference Room Finance & Administration Committee Trustee Reid Foltyniewicz, Chairperson Robyn Pike, Alternate Chairperson Mary Cation, Jim Hogan, Jay Tovian, David Cain, Jr., Dan Hartweg, Randy King, Ambareen Ahmed & Michael Himmes Staff Liaison: Timothy Sexton Finance & Administration Meeting Agenda July 24, 2017 Committee 1.0 Call to Order and Pledge of Allegiance 2.0 Roll Call 3.0 Public Participation 4.0 Approval of Minutes Minutes of the February 27, 2017 meeting 5.0 New Business 170311 2016 Comprehensive Annual Financial Report (CAFR) Auditor from Lauterbach & Amen will present the 2016 CAFR and Management Letter 170312 2018 Ambulance Fees Ambulance rate increase discussion and recommendation to the Village Board 170313 Wellness Program Update Updates 2016 compared to 2017 and review proposed addition to the program 170314 2017 & 2018 Budget Updates/W&S Rate Preliminary Discussion 170315 2016 Waterfall Results Distribution thru Waterfall at Year End 2016 6.0 Other Business 7.0 Review of Financial Information June 2017 Monthly Financial Report Village of Lombard Page 2 Printed on 7/21/2017 Finance & Administration Meeting Agenda July 24, 2017 Committee 8.0 Future Meeting Dates FY 2018 Calendar Year Finance & Administration (F&A) Calendar * F&A Monthly Meetings in Yellow Monday, 8/21/2017 6:00 p.m. Joint Meeting of the Village Board/Public Works Committee on the second draft of the 2018-27 CIP 7:00 p.m. Meeting of the Village Board of Trustees: Budget Workshop /Presentation from Public Works (Water & Sewer and Operating Budgets) Monday, 8/28/2017 7:00 p.m. Meeting of the Village Board of Trustees: Budget Workshop / Department Presentations from Community Development, Village Manager's Office, Finance, Fire, and Police; Village Board Priorities and General Discussion Monday, 9/25/2017 6:00 p.m. Finance and Administration Committee meeting to review the FY 2018 Proposed Budget, tax levy, and water/sewer rates. Monday, 10/30/2017 6:00 p.m. Monthly Finance and Administration Committee meeting Thursday, 11/2/2017 7:00 p.m. BOT Public Hearing on Budget - First Reading of Annual Operating Budget Ordinance, Tax Levy and Water Rates Thursday, 11/16/2017 7:00 p.m. BOT Second Reading of Annual Operating Budget Ordinance, Tax Levy, Water Rates, and Approval of 2018-2027 CIP Monday, 11/27/2017 6:00 p.m. Monthly Finance and Administration Committee meeting to review insurance renewal options and kick-off 2019 Budget Planning 9.0 Adjournment Village of Lombard Page 3 Printed on 7/21/2017