HomeMy WebLinkAboutBudget/Finance Committee Minutes 10.25.2022Minutes of City of Laurel
Budget/Finance Committee
Tuesday, October 25, 2022
Members Present: Richard Klose, Michelle Mize, Emelie Eaton
Others Present: Kelly Strecker, Mayor Dave Waggoner
The meeting was called to order by the Committee Chair at 5:30 pm.
Public Input: There was no public comment
General Items —
1. Review and approved October 11, 2022, Budget and Finance Committee meeting minutes.
Emelie Eaton moved to approve the minutes of October 11, 2022. Michelle Mize seconded the
motion, all in favor, motion passed 3-0.
2. Review and recommend approval to Council; claims entered through October 21, 2022. Emelie
Eaton moved to approve the claims and check register for claims entered through October 21,
2022. Michelle Mize seconded the motion, all in favor, motion passed 3-0.
3. Review and approve Payroll Register for the pay period ending October 16, 2022, totaling
$218,444.63. Richard Klose motioned to approve the payroll register for the pay period ending
October 16, 2022, totaling $218,444.63. Emelie Eaton seconded the motion, all in favor, motion
passed 3-0.
New Business —
Old Business — There was discussion regarding CD's. Kelly mentioned she had looked into CD's and to
get the interest rates at 3.5% new monies would need to be used. The roll over dates for the city's CD's
is in March of 2023.
Other Items —
4. Review Comp/OT reports for the pay period ending October 16, 2022.
5. Mayor Update — Discussed City wide surplus sale. Mayor stated it will be an online auction and
should begin the month of November. Moore MT Treasurers is the auction company. The mayor
stated that two new employees were hired on. A relief operator for the Water Plant and a
Building Inspector.
6. Clerk/Treasurer Financial Update — Clerk/Treasurer stated the ARPA grant had been submitted,
and the finance office continues to keep pushing forward to get things cleaned up.
Announcements —
7. The next Budget and Finance Committee meeting will be held on November 8, 2022, at 5:30 pm.
8. Richard Klose is scheduled to review claims for the next meeting.
Meeting Adjourned 6:10 p.m.
Res ectfully submitted,
e ly S cker
Clerk Treasurer
NOTE: This meeting is open to the public. This meeting is for information and discussion of the
Council for the listed workshop agenda items.