Financial Affairs Committee

7725 W. North Avenue Wauwatosa, WI Wauwatosa, WI 53213 Financial Affairs Committee Meeting Minutes Tuesday, April 25, 2023 7:00 PM Committee Room #1 and Zoom: https://servetosa.zoom.us/j/81144274572, Meeting ID: 811 4427 4572 Regular Meeting CALL TO ORDER Chairperson James Moldenhauer called the meeting to order at 7:18 PM. ROLL CALL Present 5 Alderperson District 1 Chair James Moldenhauer Alderperson District 3 Robin Brannin Alderperson District 8 Melissa Dolan Alderperson District 4 David Lewis Alderperson District 6 Joe Phillips Excused 3 Alderperson District 7 Vice Chair Amanda Fuerst Alderperson District 2 Margaret Arney Alderperson District 5 Joel Tilleson FINANCIAL AFFAIRS COMMITTEE ITEMS 2. Approval of State Municipal Agreement for the design of North Avenue 23-1025 reconstruction from 95th Street to 73rd Street Presentation by William Wehrley, City Engineer. RESULT: RECOMMENDED FOR APPROVAL MOVER: Joe Phillips SECONDER: Robin Brannin Aye: 5 Ald Moldenhauer, Ald Brannin, Ald Dolan, Ald Lewis, and Ald Phillips Excused: 3 Ald Fuerst, Ald Arney, and Ald Tilleson 1. Sustainability Committee Annual Report 23-1017 Presentation by Michael Arney, Steve Ostrenga, and Rob Zimmerman . RESULT: INFORMATIONAL ONLY 3. 2022 Preliminary year end financial results 23-1028 Presentation by John Ruggini, Finance Director. RESULT: INFORMATIONAL ONLY Page 1 of 2 Financial Affairs Committee Meeting Minutes April 25, 2023 4. Review of Financial Resiliency Policy 23-1013 Presentation by John Ruggini, Finance Director. Committee reviewed and made recommended changes to the following sections of the policy: Policy Objective, Diversity, Redundancy, and Decentralization . The COmmittee will continue on with the rest of the sections at the next meeting . RESULT: HELD ADJOURNMENT Meeting adjourned at 8:57 PM. Page 2 of 2