Finance Committee

City of Verona Finance Committee City Hall – 111 Lincoln Street Verona, WI 53593-1520 MINUTES FINANCE COMMITTEE NOVEMBER 8, 2021 The meeting was called to order by Chairperson Chad Kemp at 6:00 p.m. Roll Call: Chairperson Chad Kemp, Alder Kate Cronin and Alder Christine Posey were present. Also present: City Administrator Adam Sayre and Finance Director Brian Lamers. Discussion and Possible Action regarding approval of October 25, 2021 Finance Committee minutes: Motion was made by Cronin, seconded by Posey to approve the October 25, 2021 Finance Committee minutes with no changes noted. Motion carried 3-0. Discussion and Possible Action regarding any Updates or Information on the 2022 Budget: Lamers stated the mill rate before TIF went from $4.6816 in 2021 to $4.6686 in 2022 and with the TIF’s went from $4.8514 to $4.8862. Discussion and Possible Action regarding Delinquent Personal Property Taxes: Lamers stated currently there is $9,239.75, without interest and penalties, in delinquent personal property taxes owed dating back to 2010. Letters have been sent frequently to these business with no response on most of them. Simpson Landscaping issued a check which returned with non-sufficient funds. Lamers stated he sent a certified letter to Feldt Construction that came back signed but no payment and they will not respond. Verona Realty has moved or no longer in business but the letters keep getting returned. The blue highlighted ones in 2019 are all out of business. Discussion took place and a decision was made to have the city attorney send a letter to Feldt Construction and possibly send to collections. The question was why they are not willing to pay the taxes from 2015. Lamers stated he is unable to reach them after leaving messages and sending letters. Motion was made by Posey, seconded by Kemp to approve the write off of the blue and green highlighted delinquent taxes, with the exception of Feldt Construction in the amount of $2,892.03. Motion carried 3-0. Discussion and Possible Action regarding the payment of bills: Motion was made by Kemp, seconded by Cronin to approve the payment of bills totaling $1,167,062.47. Motion carried 3-0. Adjournment: Motion was made by Cronin, seconded by Posey to adjourn the Finance Committee Meeting at 6:11p.m. Motion carried 3-0. Respectfully submitted, Brian Lamers CPA Finance Director www.ci.verona.wi.us