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Will County Gazette

Monday, December 23, 2024

City of Joliet Finance Committee met Oct. 15

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City of Joliet Mayor Terry D'Arcy | City of Joliet

City of Joliet Mayor Terry D'Arcy | City of Joliet

City of Joliet Finance Committee met Oct. 15.

Here are the minutes provided by the committee:

ROLL CALL:

Present: Councilman Pat Mudron, Councilman Larry E. Hug and Councilwoman Sherri Reardon

ALSO PRESENT: Kevin Sing - Director of Finance, Kathy Franson - Director of Human Resource, Vincent Allegra - Managing Director of Creative Planning Retirement Services, Megan Millen, Elaine Bottomley and Jim Deiters of the Joliet Public Library.

APPROVAL OF MINUTES:

A motion was made by Councilwoman Sherri Reardon, seconded by Councilman Larry E. Hug, to approve the Minutes for September 17, 2024. The motion carried by the following vote:

Aye: Councilman Mudron, Councilman Hug and Councilwoman Reardon

PRESENTATIONS:

Kathy Franson - Director of Human Resources, introduced Vincent Allegra, Managing Director of Creative Planning Retirement Services, to present a brief overview of TMP-7798 regarding the 457 Retirement Plan Investment options. A brief discussion was held.

CITIZENS TO BE HEARD ON AGENDA ITEMS:

None.

AGENDA ITEMS:

Kevin Sing - Director of Finance, presented TMP-7799 regarding the upcoming 2025 Operating Budget. Mr. Sing then introduced Megan Millen from the Joliet Public Library, to discuss the budget and current funding for the Black Road Branch, as well as requesting funds for the proposed remodeling project for that branch. A brief discussion was held.

Item removed and not presented at this time.

REPORTS:

In the interest of time, Mr. Sing, inquired if the Committee had any questions regarding TMP-7765, for the Monthly Financial Report. No questions or further discussion was held.

In the interest of time regarding TMP-7766 - No questions or further discussion was held concerning the Travel Expense Report.

Mrs. Franson, called attention to TMP-7808 regarding the newly filled positions and 13 positions currently open within the City of Joliet. No further discussion was held.

NEW OR OLD BUSINESS, NOT FOR FINAL ACTION OR

RECOMMENDATION:

None.

PUBLIC COMMENTS:

None.

ADJOURNMENT:

A motion was made by Councilman Larry E. Hug, seconded by Councilwoman Sherri Reardon, to adjourn.

The motion carried by the following vote:

Aye: Councilman Mudron, Councilman Hug and Councilwoman Reardon

https://joliet.legistar1.com/joliet/meetings/2024/10/2209_M_Finance_Committee_24-10-15_Meeting_Minutes.pdf

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