Finance Committee

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Calendar Date:
Friday, October 15, 2021 - 9:00am

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Meeting Information

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  • Minutes
PDF icon finance_committee_agenda_10-15-2021.pdf (9 KB)

SAUK COUNTY BOARD OF SUPERVISORS

MEETING NOTICE/AGENDA

 

COMMITTEE:     FINANCE

DATE:                  Friday, October 15, 2021

TIME:                   9:00 a.m.

PLACE:                Room 213, West Square Building, 505 Broadway, Baraboo, WI  53913

REASON FOR MEETING:                            SPECIAL

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 and review of 2020 audited financial statements, management letter, and report on federal and state awards.
    2. Consideration and finalization of 2022 budget recommendation to the County Board.
  7. Next Meeting.
  8. Adjournment.

 

COPIES TO:

Dorner                   Eberl                       Flint                        Krueger                  McCumber            Beghin                   Horkan                   Miller                      Blomberg

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_10-15-21_budget.pdf (9 KB)

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

Others present:             Kerry Beghin, Amanda Blomberg (virtual), Brent Miller

The meeting was called to order by Chairperson Krueger at 9:00 AM.  Certification of open meeting compliance was given.  Motion by Flint, second by Eberl to adopt the agenda.  Motion carried.

 

Public Comment:  None 

Communications:  None

 

Presentation and review of 2020 audited financial statements, management letter, and report on federal and state awards.

Amanda Blomberg, Baker Tilly, reviewed 2020 financial highlights, management letter and report on federal and state awards.  Blomberg highlighted a strong fund balance position, very low debt level, and upcoming Governmental Accounting Standards Board pronouncements, particularly lease accounting.

 

Consideration and finalization of 2022 budget recommendation to the County Board.

Committee discussed sales tax projections and various parts of the budget.  The Committee complimented the Administrator, Accounting staff, and department managers on their work to develop a viable and balanced budget.

 

Motion by McCumber, second by Eberl to:

-Eliminate funding for County Board member lodging at the 2022 Wisconsin Counties Association conference in Wisconsin Dells of $5,040, rather than general fund balance.

-Restore $21,000 of funding for Arts, Humanities & Historic Preservation.  The Extension Education, Arts & Culture Committee has indicated they will suspend further expenditures in 2021 and will carry forward $5,000 of unspent funds to 2022.

-Reduce funding to the Baraboo Area Homeless Shelter from $35,000 to $25,000.

-Increase estimated interest earned on invested funds by $11,000.

-Utilize American Rescue Plan Act funds of $25,000 for filming a Discover Wisconsin feature, rather than general fund balance.

Motion carried unanimously.

 

Motion by Dorner, second by Flint to adjourn the meeting.  Motion carried.

 

Respectfully submitted,  

Lynn Eberl

Finance Committee Secretary