Finance & Administration Committee

Submitted on March 25, 2016 - 11:45am
Revised on March 25, 2016 - 11:45am
Revised on March 25, 2016 - 11:46am
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PDF icon finance_agenda_packet_3-28-16.pdf
Date: 
Monday, March 28, 2016 - 5:00pm

AGENDA 

FINANCE AND ADMINISTRATION COMMITTEE

Monday, March 28, 2016

                        5:00 PM  *Special Time*                                  

Public Safety Building

I) Roll Call

Mike Bennett, Chairman, Jerry Albrecht, Vice-Chair, Gene McCoskey, Herb Roach, Ned Drolet, Bob Kueker, Matt Smallheer)

 

II) Approval of Minutes from Previous Meeting February 22, 2016

 Note: All recently approved committee minutes posted on official City website: http://www.ofallon.org

III) Items Requiring Council Action

  1. Motion to approve Resolution to Declare a Surplus of Funds in the Special Tax Allocation Fund for the City’s Tax Increment Financing Redevelopment Project Area- TIF District #3-Central Park

    IV) Other Business:

  2. Tax Levy- Final Rate Setting EAV

    1. 4% Loss in collections

  3. FY 2017 Budget Summary

    1. Overall budget summary

    2. Aldermen Questions submitted

      1. Video Gambling Revenue

      2. Vactor Truck Purchase

      3. Water Model under Engineering Services

      4. Transfers to Other Funds

      5. Savings associated with new 911 Software

      6. Was federal money used for Mine Remediation project?

      7. Space needs for Public Work’s equipment

      8. Old Vincennes/Scott-Troy Road intersection

         

        V)  Informational Purposes Only- No Action/Discussion Required

                        A.    Treasurer’s Report as of 2/29/16

        VI)  Adjournment

NEXT MEETING: April 25, 2016  

General Citizen Comments:  The City of O'Fallon welcomes comments from our citizens.  The Illinois Open Meetings Act provides an opportunity for citizens to speak at all committee and Board meetings.  However, 5 ILCS 120/1 mandates that NO action shall be taken on matters not listed on the agenda.  Please submit your name to the chairman and limit your comments so that anyone present has the opportunity to speak.