Finance Committee

  • Printer-friendly version
Calendar Date:
Thursday, August 5, 2021 - 9:00am

Add to your calendar:  

Back to calendar

Meeting Information

  • Agenda
  • Minutes
PDF icon finance_committee_agenda_08-05-2021.pdf (116 KB)

SAUK COUNTY BOARD OF SUPERVISORS

MEETING NOTICE/AGENDA

 

COMMITTEE:     FINANCE

DATE:                  Thursday, August 05, 2021

TIME:                   9:00 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 Meeting(s).
  4. Public Comment.
  5. Communications.
  6. Business Items.
    1. Presentation of quarterly accounts receivable reports as of June 30, 2021.
    2. Update on the American Rescue Plan.
    3. Budget 2022 update.
    4. Presentation of County financial reports.
  7. Treasurer’s Department Update.
    1. Monthly report – Year-to-date budget report.  Investment reports.
    2. Review and approval of invoices.
  8. Accounting Department Update.
    1. Monthly report – Year-to-date budget report.
    2. Review and approval of invoices:  Accounting Department
    3. Review and approval of Committee payments.
  9. Next Meeting.
  10. Adjournment.

 

COPIES TO:

Dorner                   Eberl                       Flint                        Krueger                  McCumber            Beghin                   Horkan                   Miller                      Geoghegan           

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.

Unapproved
PDF icon finance_committee_minutes_08-05-2021.pdf (117 KB)

Sauk County Finance Committee                                                                                                   

Thursday, August 5, 2021

Room 213, West Square Building, Baraboo

 

Members present: Tom Dorner, Lynn Eberl, Mike Flint, Marty Krueger and Tim McCumber

Others present:  Kerry Beghin, Liz Geoghegan, Lynn Horkan, Brent Miller

 

The meeting was called to order by Krueger at 9:00 AM.  Certification of open meeting compliance was given.  Motion by Eberl, second by Dorner to adopt the agenda.  Motion carried.  Motion by McCumber, second by Flint to adopt the minutes of the previous meetings for July 2 and 14.  Motion carried. 

 

Public Comment:  None

Communications:  None

 

Presentation of quarterly accounts receivable reports as of June 30, 2021.

Beghin noted reports have no particular items to note.  Motion by McCumber, second by Eberl to receive the reports.  Motion carried.

 

Update on the American Rescue Plan (ARPA).

Miller noted that the potential swap with City of Reedsburg for an easement was denied freeing up ARPA funds. The Reedsburg Highway shop location will be unchanged.  Reviewed current projects planned for ARPA funds.  Funds need to be allocated by 12/31/2024 and spent two years after allocated.     

 

Budget 2022 update.

Miller noted all reclassifications and new positions were reviewed with due diligence.   Beghin noted state released preliminary net new construction number at 0.947% increase, additional levy capacity is about $285,000.  Discussed the effects of Tax Incremental Districts (TID) on the calculation.  American Transmission Commission (ATC) funds will be coming in for the Spring Green area.

 

Presentation of County financial reports.

Beghin reviewed notable lines and sales tax through end of June, 2021. Sales tax continues to be strong.  Motion by Flint, second by Eberl to receive the second quarter financial report.  Motion carried.

 

Treasurer’s Department Update.

Geoghegan reviewed departmental activities, year-to-date budget report and investment report.  Motion by Eberl, second by Dorner to receive the report.  Motion carried.  Motion by Dorner, second by McCumber to approve invoices for $50,557.15 and $36,941,668.42.  Motion carried.

 

Accounting Department Update.

Beghin reviewed departmental activities, financial reports and year-to-date budget report.  Motion by Flint, second by Dorner to receive the report.  Motion carried.  Motion by McCumber, second by Flint to approve invoices for $418.59.  Motion carried.  Motion by Dorner, second by McCumber to approve committee payments in the amount of $13,442.84.  Motion carried.

 

Next meetings:

Thursday, September 2, 2021 at 9:00 am – Regular meeting

 

Motion by Eberl, second by McCumber to adjourn the meeting.  Motion carried.

 

Respectfully submitted,

Lynn Eberl, Finance Committee Secretary