Financial Affairs Committee

7725 W. North Avenue Wauwatosa, WI Wauwatosa, WI 53213 Financial Affairs Committee Meeting Minutes - Final Tuesday, September 26, 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 Moldenhauer called the meeting to order at 7:11 PM. ROLL CALL Present 5 Alderperson District 1 Chair James Moldenhauer Alderperson District 2 Margaret Arney 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 3 Robin Brannin Alderperson District 5 Joel Tilleson FINANCIAL AFFAIRS COMMITTEE ITEMS 1. Request for a Level Three fund transfer for $100,000 for Fire Department 23-746 equipment repairs Jim Case, Fire Chief, presented. RESULT: RECOMMENDED FOR APPROVAL MOVER: David Lewis SECONDER: Melissa Dolan Aye: 5 Ald Moldenhauer, Ald Arney, Ald Dolan, Ald Lewis, and Ald Phillips Excused: 3 Ald Fuerst, Ald Brannin, and Ald Tilleson 2. Presentation of the audited 2022 Annual Comprehensive Financial Report 23-729 John Ruggini, Finance Director, presented. Jake Lenell, CLA, presented. RESULT: INFORMATIONAL ONLY 3. Issuance of a $935,000 short term general obligation note with the State 23-747 Trust Loan Fund for the purpose of cash financing capital projects John Ruggini, Finance Director, presented. Page 1 of 2 Financial Affairs Committee Meeting Minutes - Final September 26, 2023 RESULT: RECOMMENDED FOR APPROVAL MOVER: Margaret Arney SECONDER: Joe Phillips Aye: 5 Ald Moldenhauer, Ald Arney, Ald Dolan, Ald Lewis, and Ald Phillips Excused: 3 Ald Fuerst, Ald Brannin, and Ald Tilleson ADJOURNMENT Meeting adjourned at 8:42 PM. Page 2 of 2