City of Elmhurst Finance, Council Affairs & Administrative Services Committee met Aug. 28.
Here are the minutes provided by the committee:
1. Call to Order
Chair Talluto called the meeting to order at 7:00 p.m.
2. Roll Call
Committee Members Present: Talluto, Jensen, Nudera, Irby
Committee Members Absent:
Other Elected Officials Present: Curran, Levin (7:04pm)
City Staff and Others Present: Coyle, Kravets, Grabowski (7:30pm), Mr. Nick Bava from Sikich, LLP
3. Public Comment – Mr. Reid Stanton spoke in favor of a stormwater fee as compared to other revenue options.
4. Receipt of Written Communication – None.
5. Business Before the Committee
A. Minutes of the August 14, 2023, meeting of the Finance, Council Affairs & Administrative Services Committee
A motion to approve the minutes of the August 14, 2023, FCA&AS Committee meeting was made by Alderman Jensen and seconded by Alderman Nudera. A voice vote was taken and the minutes of the August 14, 2023, FCA&AS Committee meeting were approved unanimously.
B. 2022 Annual Comprehensive Financial Report
Mr. Nick Bava from Sikich, LLP presented the audit reports for 2022. The City received an unmodified opinion on the reports, the highest opinion available. Director Coyle gave an overview of the financial performance for 2022. Mr. Bava also briefed the Committee on upcoming GASB standards. A motion to approve the report to accept the 2022 Annual Comprehensive Annual Report was made by Alderman Jensen and seconded by Alderman Irby. Roll Call vote: 4 ayes, 0 nays. Motion duly carried.
C. Stormwater Funding
Director Coyle presented information on the sunset clause included in the report and outlined how that date was chosen. She also discussed the FAQ that was included in the Committee packet and staff’s discussions with various stakeholders regarding the proposed change in the home rule sales tax rate. The Committee discussed that the report was the result of much thought and consideration. A motion to approve the report was made by Alderman Jensen and seconded by Alderman Irby. Roll Call vote: 4 ayes, 0 nays. Motion duly carried.
6. Other Business
City Manager Grabowski noted that the CEB will be presented to City Council on September 18 and that the Joint Review Board meeting for the TIF Districts will be on September 25.
7. Adjournment
A motion to adjourn was made by Alderman Nudera and seconded by Chair Talluto. Motion carried by unanimous voice vote.
The meeting was adjourned at 7:59 p.m.
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