Finance, Taxes and Insurance

FINANCE COMMITTEE April 9, 2012 - Official 5:00 p.m. Members Present: Brian Lauer, Randy Harrington, Ron Kluth, Rick Albee, Cindy Gauger Also Present: Rebecca Ewald, Lori Peternell and Kelly Krause Lauer called the meeting to order at 5:00 p.m. Motion made by Harrington, seconded by Albee, to approve the March 12, 2012 Regular Meeting Minutes. Motion carried unanimously. Discussion was held regarding Resolution #707 – A Resolution to Write-Off Aged Rescue Billing. Peternell stated that each year 3 Rivers Billing provides the Village with the amount of uncollected rescue, TriCare and Medicare billing that should be written off. The total amount to be written off for 2011 is $124,443.14; of which $29,231.34 has been turned over to collection. According to the billing company, accounts cannot be turned over to collection or written off until all activity on the account has ceased. The remaining $95,211.80 represents the assigned amount from Medicare, Badger Care, Title 19, hardships, deceased patients, insurance adjustments, or small balances and therefore not eligible for collection. Motion made by Harrington, seconded by Kluth to recommend to the Village Board approval of Resolution #707 – A Resolution to Write-Off Aged Rescue Billing. Motion carried unanimously. Motion made by Kluth, seconded by Gauger to recommend to the Village Board approval of Village prepaid invoices in the amount of $32,123.06. Motion carried unanimously. Motion made by Kluth, seconded by Harrington, to recommend to the Village Board approval of Village unpaid invoices in the amount of $132,137.79. Motion carried unanimously. Motion made by Harrington, seconded by Albee, to recommend to the Village Board approval of Water & Sewer invoices in the amount of $242,956.36. Motion carried unanimously. Upon motion made by Harrington, seconded by Kluth, the meeting adjourned at 5:25 p.m. Submitted by, Lori Peternell Village Treasurer