HomeMy WebLinkAboutBudget/Finance Committee Minutes 10.11.2022Minutes of City of L:
Budget/Finance Comi
Tuesday, October 11,
Members Present: Richard Klose, Michelle Mize, Heidi
Others Present: , Kelly Strecker, Mayor Dave W
The meeting was called to order by the Committee Chair at 5::
Public Input: There was no public comment
General Items —
1. Review and approved September 27, 2022, Budget ani
Heidi Sparks moved to approve the minutes of Septerr
motion, all in favor, motion passed 4-0.
2. Review and recommend approval to Council; claims e
Mize moved to approve the claims and check register
2022. Heidi Sparks seconded the motion, all in favor, i
3. Review and approve the September 2022 Utility Billir
approve the Utility Billing Adjustments. Heidi Sparks
passed 4-0.
4. Review and approve Payroll Register for the pay peric
$220,496.95. Heidi Sparks motioned to approve the pz
October 2, 2022, totaling $220,496.95. Michelle Mize
passed 4-0.
5. Review and approve February 2022 financial statemer.
February 2022 financial statement. Emelie Eaton secc
passed 4-0.
6. Review and approve March 2022 financial statement.
March 2022 financial statement. Heidi Sparks second,
4-0.
Emelie Eaton
;0 pm.
Finance Committee meeting minutes.
>er 27, 2022. Emelie Eaton seconded the
ered through October 7, 2022. Michelle
r claims entered through October 7,
)tion passed 4-0.
Adjustments. Emelie Eaton moved to
:conded the motion, all in favor, motion
ending October 2, 2022, totaling
..oll register for the pay period ending
;conded the motion, all in favor, motion
Heidi Sparks motioned to approve the
led the motion, all in favor, motion
ielie Eaton motioned to approve the
the motion, all in favor, motion passed
7. Review and approve April 2022 financial statement. ichelle Mize motioned to approve the
April 2022 financial statement. Heidi Sparks seconded the motion, all in favor, motion passed
4-0.
8. Review and approve May 2022 financial statement. Michelle Mize motioned to approve the May
2022 financial statement. Richard Klose seconded the motion, -all in favor, motion passed 4-0.
9. Review and approve June 2022 financial statement. E elie Eaton motioned to approve the June
2022 financial statement. Michelle Mize seconded they motion, all in favor, motion passed 4-0.
New Business — Heidi Sparks suggested that the city check
there are CD specials going on right now. A couple of exan
and Valley Federal was at 2.5%.
Old Business — None
Other Items —
the CIS interest rates. She stated that
s were First Interstate Bank was at 3%
10. Review Comp/OT reports for the pay period ending October 2, 2022.
11. Mayor Update — None
12. Clerk/Treasurer Financial Update — Clerk/Treasurer st�ted that the budget had been sent to the
state and that FY 2022 was about closed out.
Announcements —
13. The next Budget and Finance Committee meeting will a held on Qctober 25, 2022, at 5:30 pm.
14. Emelie Eaton is scheduled to review claims for the ne meeting.
Meeting Adjourned 6:20 p.m.
R spectfully submitted,
"ellyecker
asurer
NOTE: This meeting is open to the public. This meeting i for information and discussion of the
Council for the listed workshop agenda items.