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Village of South Barrington Finance Committee met Nov. 11

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South Barrington Mayor Paula McCombie | Village of South Barrington Website

South Barrington Mayor Paula McCombie | Village of South Barrington Website

Village of South Barrington Finance Committee met Nov. 11

Here is the agenda provided by the committee:

CALL TO ORDER

ROLL CALL

PUBLIC COMMENTS

Any person may address the Committee on any matter.

APPROVAL OF MINUTES

1. Approval of the Finance Committee Meeting Minutes for October 1, 2024

AGENDA ITEMS

1. Presentation of the Audited Financial Report for the Fiscal Year ended April 30, 2024 by Courtney Mohr, Principal Lauterbach & Amen LLP

2. Police Pension Fund Reports – to Village Board to be placed on file

A. Draft Actuarial Report - Lauterbach & Amen, LLP (IDOI actuarial report will be forthcoming)

B. Draft Required Municipal Compliance Report (MCR) from Pension Fund to Municipality

3. 2024 Tax Levy Discussion (to be paid in 2025)

A. Recommend 2024 Estimated Tax Levy Resolution

B. FY 2024/2025 Annual Tax Levy Ordinance (to be presented to Board in November; held over for Public Hearing at December meeting)

NEW BUSINESS

OLD BUSINESS

MAYOR’S REPORT

STAFF REPORTS

1. Village Administrator

2. Finance Director

EXECUTIVE SESSION

To consider the Appointment, Compensation, and Employment of Employees Pursuant to 5 ILCS 120/2(c)(1); Collective Bargaining Pursuant to 5 ILCS 120/2(c)(2); and/or Pending or Imminent Litigation Pursuant to 5 ILCS 120/2(c)(11)

ADJOURNMENT

https://southbarrington.org/wp-content/uploads/2024/11/2024.11-11-fc-ag.pdf

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