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Saturday, November 16, 2024

City of Elmhurst Finance Council Affairs & Administrative Services Committee met April 10

City of Elmhurst Finance Council Affairs & Administrative Services Committee met April 10

Here are the minutes provided by the council:                       

1. Call to Order

Chair Dunn called the meeting to order at 7:00 p.m.

2. Roll Call

Committee Members Present: Dunn, Talluto, Jensen

Committee Members Absent: Veremis

Other Elected Officials Present: Curran

City Staff and Others Present: Coyle, Bruns, Kravets, Mr. Rex Irby

3. Public Comment – None.

4. Receipt of Written Communication – None. 

5. Business Before the Committee

A. Minutes of the March 27, 2023, meeting of the Finance, Council Affairs & Administrative Services Committee

The minutes of the March 27, 2023, FCA&AS Committee meeting were approved. A motion to approve the minutes was made by Alderman Jensen and seconded by Alderman Talluto. Roll Call vote: 3 ayes, 0 nays. Motion duly carried.

B. Parking Fund

Chair Dunn indicated that the Committee will be evaluating the financial health of the City’s Parking Fund. Director Coyle provided an overview of historical revenues data from 2018 to present, which illustrates a sharp decline in revenue during the COVID-19 pandemic. Revenues have returned to only 60% of what they were in 2019. Staff is evaluating options to increase revenue, reduce costs, and evaluate whether the permitting system can be streamlined. The Committee also reviewed a comparison of parking rates among other communities along the UP and BNSF railway lines. Discussion will continue at a future meeting.

C. Stormwater Update

Chair Dunn provided an overview of what was presented at the March 13 Committee meeting, and asked the Committee what additional feedback or questions they have regarding the Stormwater Fee Study, Phase I. No new material was presented to the Committee at this meeting. Staff will work with the consultant to prepare the additional information requested ahead of the next presentation to the Committee, which is anticipated to be in May or June.

6. Other Business – It was noted that this would be Chairman Bob Dunn’s final Committee meeting. The rest of the Committee thanked Chair Dunn for his service to the community and guidance of the Finance Committee.

7. Adjournment

Chair Dunn asked for a motion to adjourn. Motion made by Alderman Talluto, seconded by Alderman Jensen to adjourn. Roll Call vote: 3 ayes, 0 nays. Motion duly carried.

The meeting was adjourned at 7:45 p.m.

https://go.boarddocs.com/il/coe/Board.nsf/Public

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