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FINANCE COMMITTEE

Regular Meeting

Waunakee, WI · July 24, 2017

AgendaPacketMinutes

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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