FINANCE COMMITTEE MEETING
Monday, July 22, 2013 – 6:00 p.m.
Council Chamber Room
1. Call to Order & Roll Call.
Committee Members: Chairman Steve Jasinski, Ald. Karen Michalczyk, Sean McDermott, Scott Musillami; Finance Director Steve Drazner
2. Approval of Minutes: 6-24-13.
3. Presentation of monthly Treasurer’s Report for period ended 6-30-13.
4. Discussion regarding a PILOT fee for TitleMax at 5321 La Grange Road (formerly Al’s Beef)
5. Discussion regarding recommended revisions to the City’s Water Code.
6. Update on Flagg Creek FY14 Proposed Budget.
7. CBA’s Carnival’s Financial Summary per Russ Nicoletti
8. Other Business.
MINUTES OF THE FINANCE COMMITTEE MEETING
CITY OF COUNTRYSIDE – CITY HALL
JULY 22, 2013 – 6:00 P.M. COUNCIL CHAMBER ROOM
1. The meeting called to order at 6:00P.M. Present: Chairman Steve Jasinski;
Alderman Karen Michalczyk, Alderman Scott Musillami. Absent: Alderman Sean McDermott. Also present: Mayor Ed Krzeminski, City Clerk Sharon Sweeney; Alderman James Jasinski; Alderman Bob Pondelicek, Finance Director Steve Drazner. Also present: Russ Nicolleti of the CBA.
APPROVAL OF MINUTES
2. The minutes of June 24, 2013 were approved as submitted with the addition of Ald. Von Drasek requested the financials from the Park District.
PRESENTATION OF MONTHLY TREASURER’S REPORT
3. FD Drazner presented the monthly Treasurer’s Report for the period ended June 30, 2013. The figures are estimates and the next quarter will produce more accurate numbers. There is a negative cash balance in the TIF since no incremental property tax has yet been received.
There were no questions from the committee.
DISCUSSION REGARDING A PILOT FEE FOR TITLEMAX AT 5321 LAGRANGE ROAD
4. The applicant withdrew their application from the Plan/ZBA Board.
No further discussion.
DISCUSSION REGARDING RECOMMENDED REVISIONS TO THE CITY’S WATER CODE
5. Staff explained the city currently adds a compounded 10% penalty to the monthly balance for any water bill not paid by the due date. Such a high compounded monthly penalty makes it extremely difficult to allow those facing financial challenges from being able to pay down their water bill. Per the same code section, a water balance becomes delinquent if not paid within 30 days after the original due date at which time water service may be shut off at the discretion of the city.
Staff recommended the following changes to the city code:
Reduce the monthly water penalty from a compounded 10% to 1.5% compounded monthly.
Increase the water turn-on fee from $50 to $100 per occurrence.
Increase the water shut-off cycle from 45 days after original bills are mailed out to 60 days.
Notices would be sent out prior to water disconnection and for safety reasons the establishments with sprinkler systems could not have their water disconnected.
Committee members recommended approval of the presented changes to the code.
Members requested a break-out of water and penalties on the past due accounts and would like to possibly offer an amnesty. This item will be referred to the next Water Committee meeting.
UPDATE ON FLAGG CREEK FY14 PROPOSED BUDGET
6. Admin. Paul and FD Drazner attended the Flagg Creek Advisory Committee meeting last week. At that meeting there was a great deal of discussion about the FY14 budget and City Administrator Paul and FD Drazner voiced their concerns to the FCGC Board. It was stated by city staff that there are no questions or concerns on the FCGC FY14 budget serious enough to warrant the city not approving the Flagg Creek FY14 budget. The Committee therefore recommended that the FCGC FY14 proposed budget be formally approved by the city at the next city council meeting.
Administrator Paul also stated that Atty. Peck is drafting a revised agreement between Flagg Creek and the city which will be reviewed with each party.
CBA’s CARNIVAL FINANCIAL SUMMARY
7. Russ Nicolleti of the CBA thanked the city for co-sponsoring the event and the volunteers. The CBA netted a little over $29,000. The cost to the city was slightly over $53,000 which included $38,000 in sponsorships and the balance in city staff labor/overtime.
The committee thanked Russ Nicolleti for his efforts.
8. No further discussion. Motion and seconded to adjourn at 6:27 p.m.
Dated: ______________________ __________________________
Steven Jasinski, Chair