Finance Committee (Meets 4th Tuesday of each month at 4:30 p.m.)

FINANCE COMMITTEE Meeting Minutes September 14, 2023, Regular Meeting The meeting was called to order by Chair Sweeney at 4:30pm on September 14, 2023, in Government Center Room 204. 1 ROLLCALL PRESENT: Jack Sweeney, Tylor Elm, and Mike Herrick VIRTUAL: Jenny Van Sickle (Alt), Tim Cole, Jamie Hanson, Jennifer Champa, Robert St Arnold, Jill Verchota-luce CITY STAFF PRESENT: Nick Rhinehart, Jim Paine, Renee Hoff, Cameron Vollbrecht, Jim Paine, and Karie Markon OTHERS PRESENT: Shelley Nelson, Tom Beaudry, Nick Ledin and John Ramos. 2 APPROVAL OF MINUTES 2.1 Finance Committee (Meeting held August 10, 2023) Motion was made by Tylor Elm, seconded by Mike Herrick, and carried to approve the August 10, 2023, Finance Committee minutes. 3 OLD BUSINESS 3.1 Request from Finance Director Nick Rhinehart for approval of Omada Prevention & Health Management Program The Health Insurance Committee (HIC) is recommending contracting with Omada, a virtual chronic care provider which offers diabetes and hypertension management programs. A discussion ensued concerning targeting a specific illness and employer sponsorship. Question and answer period was ensured. Motion was made by Tylor Elm, seconded by Mike Herrick, and carried to postpone indefinitely in Committee. 3.2 Barker’s Island Marina – Verizon Cell Tower Sublease Eric Thomas was not present as he still had not received the requested additional information that was requested by Verizon. Motion was made by Jack Sweeney to hold in committee until October’s meeting. 3.3 Review and Analyze proposal from Douglas County regarding the city’s future as a tenant at the Government Center. No action taken. 4. NEW BUSINESS 4.1 Village of Superior – Fire Protection Contract 2nd Quarter Billing  Fire Chief Cameron Vollbrecht spoke on behalf of the Contract. A question-and-answer period ensured. No Action taken. 4.2 Village of Superior – Fire Protection Contract 2023. A question-and-answer period ensured. Motion was made by Mike Herrick, seconded by Tylor Elm, and carried to hold in committee until October’s meeting. 4.3 Amended 2023 General Fund Budget Mayor Jim Paine spoke on behalf of the Library wage increases and amending budget to cover the deficit. Motion was made by Tyler Elm, seconded by Mike Herrick, and carried to approve the Amended 2023 General Fund Budget. 4.4 Request from Tom Beaudry, golf course, approval for down payment of additional golf simulator. Tom Beaudry, Golf course manager, spoke on behalf of the need for the second simulator and the revenue increase. Motion was made by Tylor Elm, seconded by Mike Herrick, and carried to approve the down payment of an additional golf simulator. 4.5 2024 Health and Dental Insurance Renewal and Budget. Motion was made by Tylor Elm, seconded by Mike Herrick, and carried to approve. 5. RECURRING BUSINESS 5.1 Golf Course Report and Financials July 2023 No Action taken. 5.2 June, July, August 2023 Check Registers – 2023 expenditures Motion was made by Tyler Elm, seconded by Mike Herrick, and carried to approve the June, July and August 2023 check registers. 5.3 General Fund Financial Statements – 2023 and 2022 Expenditure vs. Budget Analysis as of September 1, 2023 Finance Director Nick Rhinehart indicated the budget was on track for 2023. Motion was made by Mike Herrick, seconded by Tylor Elm and carried to approve. 5.4 Insurance Update Motion was made by Tylor Elm, seconded by Mike Herrick, and carried to approve.  5.5 Other Financial Matters 6. ADJOURNMENT The meeting was adjourned at 6:13 p.m. Minutes respectfully submitted by Karie Markon