Village of Elwood Finance Committee met Nov. 23.
Here are the minutes provided by the committee:
The Village of Elwood Finance Committee's regular meeting at 4:00 p.m., was called to order by Finance Director Day.
Present: Finance Director Robbie Day, Committee Member Doug Jenco, Committee Member Darryl Lab and Village Administrator Julie Friebele
Absent: Committee Member Jodie Bertucci
PRESENTATION OF MINUTES
The minutes from the October 26, 2021 meeting were presented and reviewed. Committee Member Lab made a motion to approve the October 26, 2021 minutes as presented. Committee Member Jenco seconded the motion. The motion carried.
PRESENTATION OF BILLS – UNPAID INVOICE REPORT
The unpaid invoice report for $76,160.47 was presented and reviewed. There was a discussion regarding American Cable & Telephone . Committee Member Lab made a motion to send the Unpaid Invoice Report to the Village Board for consideration on December 1, 2021. Committee Member Jenco seconded the motion. The motion carried.
PRESENTATION OF BILLS – PAID INVOICE REPORT
The paid invoice report from 10/23/2021 through 11/09/2021 and 11/11/2021 through 11/19/2021 in the amount of $3,476,505.92 was presented and reviewed. There was a discussion regarding Bank of New York property tax payment and reimbursement to Larry Lohmar. Committee Member Jenco made a motion to send the Paid Invoice Report as presented to the Village Board for consideration on December 1, 2021. Committee Member Lab seconded the motion. The motion carried.
MONTHLY FINANCIAL REPORT
The monthly report for October 2021 was presented and reviewed. The committee discussed the benchmark overage/shortfalls for October 2021. Committee Member Jenco made a motion to send the monthly financial report as presented to the Village Board on December 1, 2021. Committee Member Lab seconded the motion. The motion carried.
OTHER BUSINESS
No discussions
PUBLIC COMMENTS
No public comments
ADJOURNMENT
Committee Member Lab made a motion to adjourn, and Committee Member Jenco seconded the motion. The motion carried.
http://www.villageofelwood.com/AgendaCenter/ViewFile/Minutes/_11232021-652
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