Finance Committee

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Calendar Date:
Monday, August 12, 2019 - 8:15am

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Meeting Information

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  • Minutes
PDF icon finance_committee_agenda_08-12-19.pdf (81 KB)

SAUK COUNTY BOARD OF SUPERVISORS

MEETING NOTICE/AGENDA

 

COMMITTEE:   FINANCE COMMITTEE

DATE:                   Monday, August 12, 2019

TIME:                   8:15 a.m.

PLACE:                Room 213, West Square Building

                                505 Broadway, Baraboo, WI  53913

 

REASON FOR MEETING:                            REGULAR

 

SUBJECTS FOR DISCUSSION:

  1. Call to Order and Certify Compliance with Open Meeting Law.

  2. Adopt Agenda.

  3. Adopt Minutes of Previous Meetings.

  4. Public Comment.

  5. Communications
  6. Business Items.

    1. Consider resolution Amending the 2019 Emergency Management Budget to Transfer Funds from the Contingency Fund to Fund Limited Term Employees for Flood Case Management.

    2. Presentation of quarterly accounts receivable reports as of June 30, 2019.

    3. Review of 2020 budget – preliminary equalized values and net new construction.

    4. Presentation of American Transmission Company Environmental Impact Fee payments.

    5. Presentation of County financial reports.

  7. Treasurer’s Department Update.

    1. Monthly report – Year-to-date budget report.

    2. Discussion and consideration of Treasurer 2020 Budget.

    3. Investment reports.

    4. Review and approval of invoices.

  8. Accounting Department Update.

    1. Monthly report – Year-to-date budget report.

    2. Discussion and consideration of Accounting 2020 Budget.

    3. Review and approval of invoices:Accounting Department

    4. Review and approval of invoices:Entire county and Committee payments.

  9. Public Comment.

  10. Next Meeting.

  11. Adjournment

     

    COPIES TO:

    Dietz                       Kriegl                      Lins                        White Eagle          DeGiovanni          County Clerk

    Beghin                   Horkan                  Bolin                      Geoghegan            Jelinek

     

    PREPARED BY:                                                                                 Accounting Department

     

    Any person who has a qualifying disability that requires the meeting or materials at the meeting to be in an accessible location or format should contact Sauk County (608-355-3269 or TTY 608-355-3490) between the hours of 8:00 A.M. and 4:30 P.M., Monday through Friday, exclusive of legal holidays, at least 48 hours in advance of the meeting so that reasonable arrangements can be made to accommodate each request.

PDF icon finance_committee_minutes_08-12-19.pdf (211 KB)

Sauk County Finance Committee

Room 213, West Square Building, Baraboo                                                                  

Monday, August 12, 2019

 

Members present:                John Dietz, Tom Kriegl, Kevin Lins

Members excused:      Tony DeGiovanni, Kristin White Eagle

Others present:             Kerry Beghin, Alene Bolin, Liz Geoghegan, Chuck Spencer, media

 

The meeting was called to order by Chairman Dietz at 8:20 AM.  Certification of open meeting compliance was given.  Motion by Lins, second by Kriegl to adopt the agenda.  Motion carried.  Motion by Lins, second by Kriegl to adopt the minutes of previous meeting on July 8, 2019.  Motion carried. 

 

Public Comment:  None

Communications:  None

 

Consider resolution Amending the 2019 Emergency Management Budget to Transfer Funds from the Contingency Fund to Fund Limited Term Employees for Flood Case Management.

Bolin described need for limited term employees to help evaluate and distribute donated funds for residents related to the 2018 floods.  Motion by Kriegl, second by Lins to approve the resolution.  Motion carried.

 

Presentation of quarterly accounts receivable reports as of June 30, 2019.

Beghin presented the quarterly reports noting no exceptions.

 

Review of 2020 budget – preliminary equalized values and net new construction.

Preliminary equalized values were released by the Wisconsin Department of Revenue August 1, with final amounts to be released August 15.  Taxable equalized values (with tax incremental financing district increments excluded) increased 3.82%.  Net new construction increased 1.47%, which will generate about $400,000 of additional levy capacity based on levy limits.

 

Presentation of American Transmission Company Environmental Impact Fee payments.

The Nature Conservancy has requested the final amount for their project.

 

Presentation of County financial reports.

Beghin reviewed the financial reports and sales tax.  Grants and aids received are at 25%, but that is expected due to a number of large payments that are scheduled for receipt in the second half of the year.  Inmate housing revenue is at 32%, but with expected collections related to the first half of the year the amount would be 54%.

 

Treasurer’s Department Update.

Geoghegan reviewed departmental activities, year-to-date budget report and investment reports.  Discussion and consideration Treasurer 2020 Budget.  Motion by Lins, second by Kriegl to approve payment of Treasurer’s Department invoices in the amount of $37,704,797.04.  Motion carried.

 

Accounting Department Update.

Beghin reviewed departmental activities and year-to-date budget report.  Discussion and consideration of Accounting 2020 Budget.

Motion by Lins, second by Kriegl to approve payment of Accounting Department invoices in the amount of $128,929.63.  Motion carried.  Motion by Lins, second by Kriegl to approve committee vouchers of $11,075.74.  Motion carried.

 

Public Comment:  None 

 

Next regular meeting Monday, September 9, 2019, 8:15 am.

September 26 and 27, 2019 – Budget reviews with departments

October 4, 2019, 2:00 pm – Joint with Personnel & Insurance Committee for new and reclassified positions

October 8, 2019, 8:15 am – Regular meeting (including recommendation of 2020 budget to the County Board)

November 4, 2019, 8:15 am – Regular meeting (including budget amendment review)

Motion by Lins, second by Kriegl to adjourn the meeting.  Motion carried.

 

Respectfully submitted,

 

John Dietz

Finance Committee Chairman