Finance Committee

City of Verona Finance Committee City Hall – 111 Lincoln Street Verona, WI 53593-1520 MINUTES FINANCE COMMITTEE JANUARY 13, 2020 The meeting was called to order by Chairperson Chad Kemp at 6:30 p.m. in Conference Room D110 Roll Call: Chairperson Chad Kemp, Alder Kate Cronin and Alder Christine Posey were present Also present: Finance Director Brian Lamers Public Comment: None Discussion and Possible Action regarding approval of December 16, 2019 Finance Committee minutes: Motion was made by Kemp, seconded by Cronin to approve the December 16, 2019 Finance Committee minutes with no changes noted. Motion carried 3-0. Discussion and Possible Action regarding the City Investment Report for December 2019: Lamers stated the investments increased significantly with the collection of property taxes in December but the majority was paid out in the beginning of January to the other taxing entities. Discussion and Possible Action regarding the payment of bills: Motion was made by Kemp, seconded by Posey to approve the payment of bills totaling $15,234,135.39. Motion carried 3-0. Adjournment: Motion was made by Posey, seconded by Cronin, to adjourn the Finance Committee Meeting at 6:37 p.m. Motion carried 3-0. Respectfully submitted, Brian Lamers CPA Finance Director www.ci.verona.wi.us