Finance Committee

City of Joliet 150 West Jefferson Street Joliet, IL 60432 Meeting Minutes - Pending Approval Tuesday, March 18, 2025 5:30 PM City Hall, Council Chambers Finance Committee Committee Members Councilman Pat Mudron, Chairperson Councilman Larry E.Hug Councilwoman Sherri Reardon Finance Committee Meeting Minutes - Pending Approval March 18, 2025 Page 1 of 1 Finance Committee Meeting Minutes - Pending Approval March 18, 2025 Citizens who are unable to attend the meeting can email comments in advance of the meeting to publiccomment@joliet.gov. ROLL CALL: Present Councilman Pat Mudron, Councilman Larry E. Hug and Councilwoman Sherri Reardon ALSO PRESENT: Kevin Sing - Director of Finance, Kathy Franson - Director of Human Resource and Allison Swisher - Director of Public Utilities. APPROVAL OF MINUTES: Attachments: February 2025 Minutes.pdf A motion was made by Councilman Larry E. Hug, seconded by Councilwoman Sherri Reardon, to approve the Minutes for February 18, 2025. The motion carried by the following vote: Aye: Councilman Mudron, Councilman Hug and Councilwoman Reardon CITIZENS TO BE HEARD ON AGENDA ITEMS: None. AGENDA ITEMS: Electric Supply Auction and Authorization to Select Low Bidder TMP-8315 Kevin Sing - Director of Finance, gave a quick overview of TMP-8315 regarding the Electric Supply Auction and Authorization to Select Low Bidder. No further discussion was held. Resolution Accepting Illinois Environmental Protection Agency TMP-8321 Low Interest Loan L176076 for the 2025 Water Main Replacement Program Attachments: 6076 Resolution.doc Joliet-6076-Loan Agreement-3-5-2025.pdf Finance Committee was informed of item presented at Pre-Council level on 03/17/25. No further discussion was required for this item. Resolution Accepting Illinois Environmental Protection Agency TMP-8323 Low Interest Loan L176079 for the 2025 Lead Water Service Line Replacement Program Attachments: 6079 Resolution.doc Joliet-L176079-Loan Agreement-3-5-2025.pdf Finance Committee was informed of item presented at Pre-Council level on Page 1 of 4 Finance Committee Meeting Minutes - Pending Approval March 18, 2025 03/17/25. No further discussion was required for this item. Ordinance Authorizing the City of Joliet to Borrow Funds from the TMP-8363 IEPA Public Water Supply Loan Program for Joliet Water System Improvements Required for Implementation of the Alternative Water Source Program Attachments: debt_authorizing_ordinance_joliet_20250305.docx Finance Committee was informed of item presented at Pre-Council level on 03/17/25. No further discussion was required for this item. Ordinance Authorizing an Amendment to the Annual Budget of TMP-8345 the City of Joliet for the 2025 Fiscal Year (2024 Projects Funded in 2025) Attachments: Ordinance for Master Budget Amendment.docx Mr. Sing gave a brief overview of TMP-8345, on the Ordinance an Amendment to the Annual Budget for the City of Joliet, 2025 Fiscal Year. No further discussion was held. A motion was made by Councilwoman Sherri Reardon, seconded by Councilman Larry E. Hug, to recommend for approval by the Full Council, Agenda Items TMP-8315, TMP-8321, TMP-8323, TMP-8363 and TMP-8345. The motion carried by the following vote: Aye: Councilman Mudron, Councilman Hug and Councilwoman Reardon REPORTS: TMP-8318 Attachments: February 2025 Monthly Financial Report.pdf 2025-02 Exceptions.pdf JAHM Quarterly Report Dec 24 - Feb 25.pdf Mr. Sing gave an overview on TMP-8318 for the Monthly Financial Report, Invoice Exceptions and the Quarterly Report for the Joliet Area Historical Museum. TMP-8361 Page 2 of 4 Finance Committee Meeting Minutes - Pending Approval March 18, 2025 Attachments: 2024 Receipt Summary - word.pdf 2024 RECEIPTS BY FUND.pdf 2024 ACCTS RECEIVABLE SUMMARY.pdf 2024 ACCTS RECEIVABLE BY FUND.pdf Collector-24 signed.pdf CITYCLRK-24.pdf Mr. Sing gave a brief overview on TMP-8361, on the 2024 Annual Collector's Report. No discussion was held. TMP-8319 Attachments: Travel 02.25.pdf Mr. Sing gave an overview of TMP-8319, on the February Travel Expense Report. No discussion was held. TMP-8320 Attachments: March 2025 Personnel Summary Report.pdf Kathy Franson - Director of Human Resource, presented TMP-8320 regarding the Personnel Summary Report, noting positions currently open within the City of Joliet and the Local 440 Union. She also noted that she retitled the report name to be titled Position Update, which better suited the information being provided. A brief discussion was held. A motion was made by Councilman Larry E. Hug, seconded by Councilwoman Sherri Reardon, to approve report Items TMP-8318, TMP-8361, TMP-8319 and 8320. The motion carried by the following vote: Aye: Councilman Mudron, Councilman Hug and Councilwoman Reardon NEW OR OLD BUSINESS, NOT FOR FINAL ACTION OR RECOMMENDATION: None. PUBLIC COMMENTS: None. ADJOURNMENT: A motion was made by Councilwoman Sherri Reardon, seconded by Councilman Larry E. Hug, to adjourn. The motion carried by the following vote: Page 3 of 4 Finance Committee Meeting Minutes - Pending Approval March 18, 2025 Aye: Councilman Mudron, Councilman Hug and Councilwoman Reardon This meeting will be held in an accessible location. If you need a reasonable accommodation, please contact The City Clerk Office, 150 West Jefferson Street, Joliet, Illinois 60432 at (815) 724-3780. Page 4 of 4