Finance Committee

City of Verona Finance Committee City Hall – 111 Lincoln Street Verona, WI 53593-1520 MINUTES FINANCE COMMITTEE August 16, 2018 The meeting was called to order by Chairperson Chad Kemp at 6:00 p.m. in Conference Room D110 Roll Call: Chairperson Chad Kemp and Alder Kate Cronin were present. Also present: City Administrator Jeff Mikorski, Finance Director Brian Lamers, Mayor Luke Diaz, Planning Director Adam Sayre, Fire Chief Joe Giver and Senior Center Director Mary Hanson. Discussion and Possible Action regarding approval of July 30, 2018 Finance Committee minutes: Motion was made by Cronin, seconded by Kemp to approve the July 30, 2018 Finance Committee minutes with no amendments. Motion carried 2-0. Discussion and Possible Action regarding 2019 Budget: Senior Center Director Mary Hanson went through her budget and highlighted some changes. She requested that the position of Nutrition Coordinator be increased from 520 hours to 624 hours for a cost of approximately $1,590, this would shift the billing for meals on wheels to this position from the Administration Assistant. Hanson also increased the wellness nurse cost adding of approximately $1,500. Within the 2019 budget there is an additional item for leases of the virtual reality equipment for 8 months of lease for $3,200, the Friends of the Senior Center committed to a year of cost and that will end in 2019 and they had asked the City to start funding it. Hanson went through some of the other changes within the budget. Lamers stated that the increase in levy if the increase in hours were approved would be $25,000 for the Senior Center but could change with items such as health insurance rates and if there were changes to the built in 2% cost of living. Fire Chief Joe Giver went through his budget to the Committee and pointed out some of the increases and decreases within the budget. Some of the increases include training and uniform allowances. Diaz asked if the ladder truck was needed to be replaced in 2019 and Giver stated that it has been pushed back for 2 years already from when it was originally scheduled to be replaced. Lamers stated that the increase currently to levy for the Fire Department was about $63,000 and stated that the Town portion is at $197,446 from $193,496 for operation. Planning Director Adam Sayre stated there wasn’t many changes to his budget besides some adjustments to benefits and adding $50,000 for a rewrite of the zoning code from an outside consultant. Discussion took place regarding the rewrite of the code and the need for it. Sayre also requested that the Committee look at 3% cost of living instead of 2% for all City employees. Lamers stated there is a lot of information still needed for the 2019 budget including the health insurance rates, the amount to be received for expenditure restraint funding, general transportation aid and Library funded. Without those changes and the expenditure restraint funding we are looking at over $1 www.ci.verona.wi.us million increase to the levy with approximately $450,000 coming from increase in debt payments. No action was taken. Discussion and Possible Action regarding the City Investment Report for July 2018: Lamers reported that there was nothing unusual for July 2018 except for the increase in investments due to receiving the proceeds from the 2018 notes and bonds. Discussion and Possible Action regarding the payment of bills: Motion was made by Cronin, seconded by Kemp to approve the payment of bills totaling $1,522,446.20. Motion carried 2-0. Adjournment: Motion was made by Kemp, seconded by Cronin, to adjourn the Finance Committee Meeting at 6:55 p.m. Motion carried 2-0. Respectfully submitted, Brian Lamers CPA Finance Director www.ci.verona.wi.us