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Financial Advisory Board

Regular Meeting

Naperville, IL · December 17, 2018

AgendaMinutes

Minutes

City of Naperville 400 S. Eagle Street Naperville, IL 60540 Meeting Minutes Monday, December 17, 2018 6:00 PM Special Meeting Finance Conf. Room 133 Financial Advisory Board Financial Advisory Board Meeting Minutes December 17, 2018 A. CALL TO ORDER: B. ROLL CALL: Present: Chairman WIk, Member Gannon; Member Millington; Member Wade; Student Member Yang Also Present: Rachel Mayer, Finance Director; Franco Bottalico, Budget Analyst C. PUBLIC FORUM: D. REPORTS: E. NEW BUSINESS: A continued discussion regarding the City’s debt and reserve policies Discussed the City's reserve and debt policies and possible revisions. F. OLD BUSINESS: G. ADJOURNMENT: City of Naperville Page 1 Printed on 4/11/2019

Agenda

City of Naperville 400 S. Eagle Street Naperville, IL 60540 Meeting Agenda Monday, December 17, 2018 6:00 PM Special Meeting Finance Conf. Room 133 Financial Advisory Board Financial Advisory Board Meeting Agenda December 17, 2018 A. CALL TO ORDER: B. ROLL CALL: C. PUBLIC FORUM: D. REPORTS: E. NEW BUSINESS: 18-1113 A continued discussion regarding the City’s debt and reserve policies Attachments: Staff Report on City Policies from July 30, 2018 Meeting Naperville - Electric and Water-Wastewater 30-day working capital reserve Naperville - General fund reserve policy City of Kelowna Financial Principles and Strategies F. OLD BUSINESS: G. ADJOURNMENT: Any individual with a disability requesting a reasonable accommodation in order to participate in a public meeting should contact the Communications Department at least 48 hours in advance of the scheduled meeting. The Communications Department can be reached in person at 400 S. Eagle Street, Naperville, IL., via telephone at 630-420-6707 or 630-305-5205 (TDD) or via e-mail at info@naperville.il.us. Every effort will be made to allow for meeting participation. City of Naperville Page 2 Printed on 12/14/2018