FINANCE COMMITTEE
Regular MeetingWaunakee, WI · July 24, 2017
Minutes
VILLAGE OF WAUNAKEE
FINANCE COMMITTEE MEETING
JULY 24, 2017
Members present: Steve Kraus, Chris Zellner, Sam Ballweg, and Renee Meinholz
Also present: Todd Schmidt
Chairman Kraus called the meeting to order at 4:35 P.M.
CONSENT AGENDA #1
Motion by Chris Zellner, second by Sam Ballweg to approve the consent agenda
(approval of minutes – June 13, 2017)
Motion Passed. For: 3, Against: 0
PRESENTATIONS-SCHENCK AUDIT REPORT PRESENTATION
Tom Karman and Dave Minch from Schenck discussed the 2016 audit report,
including going through the auditors’ opinion, the results of the general fund, and
the ending general fund balance and answered questions. Motion by Chris Zellner,
second by Sam Ballweg to approve the 2016 Annual Financial Report and the
Management Communications document. Motion Passed. For: 3, Against: 0
NEW BUSINESS #1-DISCUSS PRELIMINARY FINANCIAL IMPACTS OF
PROPOSED LIBRARY
Finance Director provided revised library borrowing and library operating analyses
of the impacts of the new library on the levy and tax rate. The information was
based on June 2017 data obtained from the library director and the library board.
Discussion ensued. More refined cost estimates should be available by the first
board meeting in June.
ADJOURNMENT
The Finance Committee meeting adjourned at 5:40 P.M. Motion by Chris Zellner,
second by Sam Ballweg. Motion Passed. For: 3, Against: 0
July 24, 2017
Chairman Kraus
Agenda
VILLAGE OF WAUNAKEE
FINANCE COMMITTEE
333 S. MADISON STREET
July 24, 2017 - 4:30 PM
Agendas may change prior to the commencement of the meeting.
Please check the posting board at the Village Hall, 500 W. Main Street,
Waunakee, Wisconsin for the current agenda.
AGENDA
CALL TO ORDER
ROLL CALL
CONSENT AGENDA
Items under the consent agenda may be acted upon by one motion. If, in the judgment of any
Board Memeber, a consent agenda item needs discussion, the item may be moved to later on
the agenda for discussion and/or action.
1. Consider approval of minutes - June 13, 2017
PUBLIC COMMENT
PRESENTATIONS
1. Schenck Audit Report Presentation
NEW BUSINESS
1. Discuss preliminary financial impacts of proposed library
CORRESPONDENCE
ADJOURN
Any person who has a qualifying disability as defined by the Americans with Disabilities
Act that requires the meeting or materials at the meeting to be in an accessible location or
format should contact the municipal clerk at (608) 850-8500, 500 West Main Street,
Waunakee, Wisconsin, at least twenty-four hours prior to the commencement of the
meeting so that any necessary arrangements can be made to accommodate each request.
VILLAGE OF WAUNAKEE
BOARD MEETING
Notice is hereby given that the Village Board may attend this meeting. No action will be taken by the Village
Board at this meeting.
Next scheduled meeting is August 21, 2017.
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