Village of Johnsburg Finance Committee met May 1.
Here is the minutes as provided by the committee:
Topic Discussion Next Steps
Approval of Minutes from the January 30, 2017 meeting were
Minutes approved with a motion by committee member
Cwerenz and second by committee member Wolf.
All present voted aye.
Chairman's Moved directly to budget review.
Report
Old Business FY18 Budget Presentation to Village
The committee reviewed summary and detail Board on 5/16 /17
documents presented for the proposed FY18
budget. Discussion took place on several line
items. Most notable were:
General Fund Revenues: Non-Home Rule Sales
Tax (additional ½% sales tax approved by
referendum), Local Fines, Circuit Clerk Fines,
Building Permits and Video Gaming Tax
General Fund Expenditures: Building/Code
Enforcement Officer (and associated employer
contributions; pension, SS/Medicare, insurance),
new vehicle for BCE Officer, contracted Building
Inspections/Reviews
The committee discussed using additional sales
tax (Non-Home Rule Sales Tax) only for
underfunded items as was originally proposed and
presented in support of the referendum (police
pension, roads, sewer/water capital improvement
plan and reserves). Items such as Economic
Development, Village Hall Concept Planning and
Entry Sign & Park Beautification, although worthy,
should be supported by other revenues.
The committee questioned the need for a
Building/Code Enforcement Officer, in this year’s
budget. Based on building permits, a full-time
employee doesn’t appear warranted. In addition,
staff is satisfied with our contracted services.
Some monies from this allocation should go back
in to Contracted Services, although this amount
will be less than last year as the building code
review is now complete.
It was noted that the budget should include an
allocation toward reserves this year in the amount
$50,000, most of which would come from funds
allocated to the Building/Code Enforcement
Officer.
Staff will be presenting policy recommendations,
including a Reserve Policy recommendation at the
next meeting.
The following finance committee
recommendations occurred after the discussion
period:
Committee Member Cwerenz moved to present
the proposed FY18 budget to the Board of
Trustees with the following exceptions:
Building activity does not appear to support the
need for a full time building inspector/code
enforcement officer therefore it was
recommended that all related line items be
appropriated rather than budgeted and building
related contracted services be increased
accordingly.
Support economic development, Village Hall
building concept plan and entry signs/park
beautification with revenues derived from sources
other than the additional sales tax being collected,
as they were not line items originally anticipated
as underfunded items. The Committee
recommended that additional sales tax funds
support only police pension, roads, sewer/water
capital improvement plan and reserves.
Any funds remaining, resulting from FY2018 final
budget adjustments, should be allocated toward
reserves.
Committee member Barrett seconded the motion.
All members present voted aye. Motion carried.
Adjournment Committee Member Cwerenz moved to adjourn
the meeting. Committee Member Wolf seconded
the motion. Meeting adjourned at 9:06 p.m.
Next Meeting May 22, 2017 7:00 p.m.
http://www.johnsburg.org/sites/default/files/finance_minutes_05-01-17_revised.pdf
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