HomeMy WebLinkAboutBudget/Finance Committee Minutes 03.19.2019MINUTES
CITY OF LAUREL
BUDGET/FINANCE COMMITTEE
TUIESDAY, MARCH 19, 2019
=Members Present: l: tnelie Eaton
Bruce McGee Richard Klose
Others Present: Bethany L4€ng e
Public .Input: ('Itl ens wci ! Callen".S,S (hV f,'orY Miftee P421160'd1tk W11' item Q), jmsinesw that is not on the t7gf.ndel, 7777 thwation7 j` r an
individuolspeaking rlr ik)- Public Input is limited to three minutes. df'hir? all comments are welcome. the cos miuee ivill tart take
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General Items
Reviewand approve the minutes fro€n the March 05. 2019 Budget and Finance Committee nleetial�T —
Richard Klose made a motion to approve the minutes of the March 05, 2019 Budget and Finance
Committee meeting, Druce McGee seconded the motion, all in favor, inotion passed,
0 Rcvickvi and approve the February 2.019 journal vouchers - The Co
ialnlittee was intoarnaec-3 1?}= the
Cwlerk/Treasurer that the February 2019 journal vouchers had not been presented to the Mayor for
approval prior the Budget and Finance Committee meeting, so they were not ready li7r approval. The
Committee decided to move this item to the April 02, 2019 triceting.
Review and approve the February 2019 utility, billing acljaastme as - The Committee revic:vved the
February 2019 utility billint ac�justments, Bruce McGee made a motion to approve the February 2019
utility billing adjustments, seconded by, Richard Klose, all in favor. motion passed.
® I�c_vicvv and approve the I=ebi•iiary 2019 financial statements -- The Clerk/Treasurer stated that since the
1 vbiu-ary 2019
_journal Vouchers were not approved by the flat or the February 20I9 linaiaciai
Staternents are ready for review and approval. She further explained that without the Nfayor's approval
no transfers offilnds can take place. 1_ rant the transfers are completed the financial staaternents are nest
accurate. Richard Klose made a motion to remove the February 2019 Financial Statements troin the
agenda and move them to the April 02.2019 agenda, seconded by Bruce McGee. all in far,,or, motion
1 zissed.
P Review claims entered through 03/15/2019 and recommend approval to Council — Emelie Luton had
previously reviewed the claims detail report and the check regisaer for accuracy. There vvas a question
rcoarding what the asterisk mea -ant beside some of the claims. The Clerk/Treasurer stated than it meant
that line item was over bUd°et. Emetic Eaton made a illotion to I'ecommend approval to Council all
claainls entered through 03t15i'2019. seconded by Bruce McGee, all in favor. motion passed.
Rev-ievv the Comp/Overtime report for Pay Period Ending 01/10/2019 - The Con -i nittee reviewed the
Co€np"Overtime hours for pay period ending 03/10/2019 and had no questions or comments regarding
the comp/overtime reports. M
Review and approve the pay=roll register for pay period ending 03110/2019 totaling $171,361.79 —The
Committee reviewed the payroll register for pay period ending 03/10/2019..Ernelie Eaton made a
rnotion to approve, the payroll register foi- pay period ending 031/10/2019 total Ing S 174,3161.79.. seconded
by, Bruce NIeClee, all in :favor, motion passed.
N7 CNA, Business
Old Business
Other Itenis
The Clet .k.,'Treasurer stated that the Fiscal Year 2018 audit was complete, Site gave a brief update and will
provid'o the Committee with the final audit when it is completed by ;lie auditors.
Update tram the tvlavor ---The Mayor stated that the Fiscal Year 2020 budget process has begun. 'Fhe CIP
n-ic-Itim, vvas held and individual meetings, with department heads will be.-Pin text week. The City Attorney,
Sam Painter. will be at next 'weeks City Council IVorkshop rile ,tine to rens: N-er questions the COUncil may have,
Announcements
Tht next Biidget and Finance Committee mecting will be held (-in April 02, 2019 at 5:10pin
Respegut"Lilly subi-nitted,
BethatIVI-all"ave
asurer
NOTE- This meeting is open to the public. This meeting is for information and discussion of the Council for the listed worLshop
agenda iteiw,'.