Finance Committee

Village of Lombard Village Hall 255 East Wilson Ave. Lombard, IL 60148 villageoflombard.org Meeting Agenda Monday, August 26, 2013 7:00 PM Community Room Finance Committee Trustee Peter Breen - Chairperson Trustee Laura Fitzpatrick - Alternate Chairperson Mary Cation, Jim Hogan, Jay Tovian, David Cain, Jr., Dan Hartweg, Ambareen Ahmed & Benjamin Pelz Staff Liaison: Timothy Sexton Finance Committee Meeting Agenda August 26, 2013 1.0 Call to Order and Pledge of Allegiance 2.0 Roll Call 3.0 Public Participation 4.0 Approval of Minutes Finance Committee meeting minutes of June 24, 2013. 5.0 New Business 130401 FY 2014 Proposed Budget - Community Development Department Budget presentation of the FY2014 Community Development Department budget. 130402 Proposed Legislative and Executive Budgets FY2014 Budget presentation of the FY2014 Legislative and Executive Budgets. 130403 Proposed Budget Police Department FY2014 Budget presentation of the FY2014 Lombard Police Department budget. 6.0 Unfinished Business 130350 2012B Comprehensive Annual Financial Report, Management Letter and Recommendations Motion to accept and file with the Village Clerk the 2012B Comprehensive Annual Financial Report, Management Letter and Recommendations regarding the Management Letter comments. 130351 Financial Policies Update - Facility Reserve Staff is requesting the Finance Committee's recommendation of this proposal to the Village Board of Trustees for consideration. 7.0 Review of Financial Information Financial Report for the period ending July 31, 2013. 8.0 Future Meeting Dates Thursday, August 29th 7 p.m. (optional) Budget Workshop / Department Presentations from Finance, Public Works and Fire; Village Board Priorities and General Discussion Monday, September 23rd 7 p.m. Joint Village Board/Finance Committee meeting to review Budget 9.0 Adjournment Village of Lombard Page 2 Printed on 8/21/2013