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Sunday, December 22, 2024

Village of South Barrington Finance Committee met Dec. 6

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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 Dec. 6

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 November 11, 2024

AGENDA ITEMS

1. 2024 Tax Levy

A. Discuss and Recommend Changes to Estimated 2024 Tax Levy (to be paid in 2025).

B. FY 2024/2025 Annual Tax Levy Ordinance (Estimated Levy presented to Board on November 14th; held over for Public Hearing at December 9th Village Board meeting).

2. IPRF Workers’ Comp and Liability Renewal.

3. Discussion Regarding 2025 Road Program.

4. Discussion Regarding Bartlett Road Traffic Study.

5. Discuss 2024 Employee Holiday Bonus.

6. Police Pension Fund Reports (send to Village Board to be placed on file).

A. Actuarial Report - Lauterbach & Amen, LLP

B. IPOPIF Actuarial Report

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

D. IDOI Report

7. Discuss Auditing Services Options with Lauterbach & Amen.

8. Discuss a Resolution Authorizing Depositories for Village Funds and Check Signing Authority

9. Discuss a Resolution Amending Salary and Hourly Wage Ranges for Certain Non-Union Village Employees

10. Discuss Reducing Liquor License Class P Fee to $750 from $1,500 Similar to Class H and L.

11. Discuss a Grocery Tax Ordinance.

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/2024/12/2024.12-06-Finance-Committee-Agenda-003.pdf

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