Finance Committee Meeting

Finance Committee Meeting Cravath Lakefront room 2nd floor 312 West Whitewater Str, Whitewater, WI, 53190 *In Person and Virtual Tuesday, July 22, 2025 - 5:00 PM Citizens are welcome (and encouraged) to join our webinar via computer, smart phone, or telephone. Citizen participation is welcome during topic discussion periods. Please click the link below to join the webinar: https://us06web.zoom.us/j/83198282604?pwd=cDdLWjUvTTRqRUQ4UVcwQWcrcW1BUT09 Telephone: +1 (312) 626-6799 US (Chicago) (Houston) Webinar ID: 831 9828 2604 Passcode: 137945 Please note that although every effort will be made to provide for virtual participation, unforeseen technical difficulties may prevent this, in which case the meeting may still proceed as long as there is a quorum. Should you wish to make a comment in this situation, you are welcome to call this number: (262) 473-0108. AGENDA CALL TO ORDER The meeting was called to order at 5:00 p.m. by Brian Schanen. ROLL CALL Present: Brian Schanen, Patrick Singer and Mike Smith. Absent: None. Additional Attendees: Rachelle Blitch, Director of Finance CONSENT AGENDA Items on the Consent Agenda will be approved together unless any committee member requests that an item be removed for individual consideration. 1. Finance Committee Meeting Minutes from June 18, 2025 2. Closed Session Minutes A motion to approve the consent agenda made by Mike Smith, Seconded by Brian Schanen. Voting Yes: Brian Schanen, Patrick Singer and Mike Smith. Voting No: None. HEARING OF CITIZEN COMMENTS No formal Committee action will be taken during this meeting although issues raised may become a part of a future agenda. Participants are allotted a three minute speaking period. Specific items listed on the agenda may not be discussed at this time; however, citizens are invited to speak to those specific issues at the time the Committee discusses that particular item. To make a comment during this period, or during any agenda item: On a computer or handheld device, locate the controls on your computer to raise your hand. You may need to move your mouse to see Finance Committee Meeting Minutes July 22, 2025 Page 2 these controls. On a traditional telephone, dial *6 to unmute your phone and dial *9 to raise your hand. CONSIDERATIONS / DISCUSSIONS / REPORTS 3. Discussion and possible action to amend the Budget Amendment Policy and recommend to Common Council A motion made to recommend the amended policy with a change to 3A to reflect approval of the Finance Committee to Common Council made by Patrick Singer, Seconded by Brian Schanen. Voting Yes: Brian Schanen, Patrick Singer and Mike Smith. Voting No: None. 4. Review and discussion of the updated cash flow projections related to the Library’s donation funds, including recent contributions, expenditures, and anticipated funding timelines 5. Discussion and possible action to recommend amending Ordinance 2.48.080 Removal of Members 6. Discussion and possible action to recommend the creation of Ordinance 2.12.013 Committee Member Removal Ordinance 7. Review and discussion of the Compensation Policy (Draft). 8. Discussion and possible action to approve and recommend an amendment to the EMS Employee Benefit Policy to Common Council A motion made to recommend the amended policy to Common Council made by Patrick Singer, Seconded by Mike Smith. Voting Yes: Brian Schanen, Patrick Singer and Mike Smith. Voting No: None. FUTURE AGENDA ITEMS ADJOURNMENT Motion to adjourn made by Patrick Singer, Seconded by Brian Schanen. Voting Yes: Brian Schanen, Patrick Singer and Mike Smith. Voting No: None. The meeting adjourned at 5:38 p.m. A quorum of the Common Council may be present. This notice is given to inform the public that no formal action will be taken at this meeting. Anyone requiring special arrangements is asked to call the Office of the City Manager / City Clerk (262-473-0102) at least 72 hours prior to the meeting.