Finance Committee

900 Quay Street City of Manitowoc Manitowoc, WI 54220 www.manitowoc.org Meeting Minutes Finance Committee Tuesday, November 1, 2022 5:30 PM Council Chambers Note: This meeting will also be held via remote conferencing software 1. Call to Order 2. Roll Call Present: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 3. Public Comment Finance Committee Chair Alderperson Brey declared the meeting open for public input. In accordance with policy, the public input portion of the meeting is not made part of the official record. 4. Consent Agenda These items will be approved by one motion unless any Committee Member wishes to remove an item for discussion. REMOVAL OF CONSENT AGENDA ITEMS: Any Committee Member may request removal of any item from the Consent Agenda, and such item shall be removed without debate or vote. Any item or part thereof removed from the Consent Agenda shall be separately considered. None Approval of the Consent Agenda Moved by Sitkiewitz, seconded by Reckelberg, to accept the Consent Agenda Items and recommendations of the various committees The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0902 Minutes of the October 25, 2022 Finance Committee meeting, recommending approval and place on file Attachments: Minutes 10-25-2022 5. Discussion and Action Items 22-0910 Discussion on Manitowoc Fire Rescue Vehicle Replacement City of Manitowoc Page 1 Finance Committee Meeting Minutes November 1, 2022 Attachments: MFRD Finance Request Seagrave Price Increase letter Fire Chief Todd Blaser gave an update and overview on the replacement of a fire engine and ladder truck Moved by Schlei, seconded by Sitkiewitz, that this Request be placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0904 3rd Quarter Budget Exceptions Report Attachments: 03_2022 Budget Exception Report for Fin Comm Moved by Sitkiewitz, seconded by Schlei, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0903 3rd Quarter Investment Report Attachments: 3rd Qtr 2022 Investment Reconciliation Moved by Sitkiewitz, seconded by Reckelberg, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0905 CAWG Request from Department of Public Infrastructure for a wing blade for truck #51, recommending approval Attachments: #51 Truck wing blade_CAWG REQUEST Moved by Sitkiewitz, seconded by Schlei, that this Request be approved. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0906 2022 Poor Fund Report & Distribution Attachments: Poor Fund Memo Moved by Reckelberg, seconded by Schlei, to accept the recommendation of the City Clerk and place on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0911 Update on Finance Department Mayor Nickels gave an update on the status of the Finance Department staff in regards to an upcoming retirement and promotions of current staff Moved by Sitkiewitz, seconded by Reckelberg, that this Report be placed on file. The motion carried by the following vote: City of Manitowoc Page 2 Finance Committee Meeting Minutes November 1, 2022 Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0927 Tax Levy Certification from Manitowoc Public School District for Fiscal Year 2022-2023 Attachments: Levy Letter 2022-23 - City of Manitowoc PI 1508 Levy Letter 2022-23 - City of Manitowoc Letter Moved by Sitkiewitz, seconded by Schlei, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0928 Tax Levy Certification from Lakeshore Technical College for Fiscal Year 2022-2023 Attachments: City of Manitowoc LTC Levy LTC Tax Levy Apportionment 2022_23 Moved by Sitkiewitz, seconded by Schlei, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 6. Closed Session Moved by Sitkiewitz, seconded by Reckelberg, to convene in closed session. The motion carried by the following roll call vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek Notice is hereby given that the above governmental body may adjourn into a closed session during the meeting as authorized by Section 19.85(1)(e) of the Wisconsin Statutes, which authorizes the governmental body to convene in closed session for the purpose of deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session. The specific subject matter that may be considered in closed session is: 22-0843 Update on Former Mirro Plant #9 Workforce Housing Project 22-0907 Update on the Lakeshore Mall property 22-0909 Discussion on the Water Street Red Arrow facility The Finance Committee deliberated in closed session (redacted -- Closed Session) 7. Reconvene in Open Session City of Manitowoc Page 3 Finance Committee Meeting Minutes November 1, 2022 Moved by Sitkiewitz, seconded by Reckelberg, to reconvene in open session. The motion carried by the following roll call vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek 22-0843 Update on Former Mirro Plant #9 Workforce Housing Project No action 22-0907 Update on the Lakeshore Mall property No action 22-0909 Discussion on the Water Street Red Arrow facility No action 22-0899 Discussion and Possible action on the 2023 budget Attachments: Executive Budget Letter to Council 10-17-2022 Memo to Mayor Recommendations 10.25.2022 GF unassigned Net New Construction Summary 2022 Tax LEVY for 2023 Mayor Proposed 2022 Tax RATE for 2023 Mayor Proposed 2023 Capital Mayor Proposed 2023 Downtown Mayor Proposed 2023 Parks Proposed Capital Project List Proposed DPI Laborer JD 10.25.2022 Proposed Senior DPI Laborer JD 10.25.2022 Memo - River Point Memo - transit 2023 budget Moved by Sitkiewitz, seconded by Schlei, to approve the 2023 budget as presented with the changes and forward to Council for consideration. The motion carried by the following vote: Aye: 4- Brey, Sitkiewitz, Schlei and Kaderabek Nay: 1- Reckelberg 8. Adjournment Moved by Schlei, seconded by Sitkiewitz, that this meeting be adjourned at 7:17 p.m. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Schlei, Reckelberg and Kaderabek City of Manitowoc Page 4