Finance & Administration Committee

Village of Lombard Village Hall 255 East Wilson Ave. Lombard, IL 60148 villageoflombard.org Meeting Agenda Monday, July 26, 2021 6:00 PM Lorraine G. Gerhardt Community Room Finance & Administration Committee Trustee Andrew Honig, Chairperson Dan Militello, 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 26, 2021 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 Regular Meeting of April 26, 2021 5.0 New Business 210227 2020 Annual Comprehensive Financial Report and Management Letter from Lauterbach & Amen, LLP Review of the 2020 Annual Comprehensive Financial Report and Management Letter as submitted by Lauterbach & Amen, LLP. 210094 Reserve Policy and Stimulus Discussion and Direction Staff is seeking a recommendation on 2019 and 2020 revenues over expenditures. Legislative History 3/15/21 Finance & Administration tabled Committee 4/26/21 Finance & Administration tabled Committee 210215 Reimbursement to the Lombard Park District for Vaccination Clinics Discussion of recommendation from staff relative for possible reimbursement to the Park District for COVID vaccination clinics expenses. 6.0 Old Business 7.0 Review of Financial Information Monthly Financial Report for June 2021 8.0 Future Meeting Dates 9.0 Adjournment Village of Lombard Page 2 Printed on 7/19/2021