City of Red Bud Finance Committee met Dec. 20.
Here are the minutes provided by the committee:
Committee Members Present: Rodney Nevois, Bill Hanebutt, Mike Rheinecker, Ben Schwartzkopf
Committee Members Absent: Alan Piel
Council Members Present: Curt Guebert, Kyle Donjon
Council Members Absent: Jeremy DeMond
Others Present: Acting Mayor Susan Harbaugh, Attorney Paul Ray, City Superintendent Josh Eckart, Code Administrator Jeff Mueller, Police Chief John Brittingham, Admin. Assist. Pam Poetker, City Clerk Joanne Cowell
Pledge of Allegiance
Committee Chairman Nevois called the meeting to order at 6:00 P.M.
Old Business
I. Community Foundation Update
Admin. Assist. Poetker reported that the board had had its meeting, the minutes are typed, and she is preparing a letter to go out to all the board members. All new board members have been selected.
II. Code of Ordinances – No Update
Nothing
III. ARPA Funding
Nothing new, waiting for the council to finalize the project, which looks like it will be the water/sewer east industrial park project infrastructure. The first report due date has been extended.
IV. YMCA/Dashner Building Lease
The YMCA had requested mutual indemnity. Attorney Ray suggested the city not agree to this.
Recommendation made by Committee Member Hanebutt, seconded by Committee Member Schwartzkopf, to authorize approval of the lease agreement with the YMCA, as written. Carried
V. Video Gaming Licensing
Discussion was held regarding a new law allowing the city to charge a fee of up to $250 per year, per gaming machine, with the fee to be shared equally by the gaming vendor and the gaming establishment. Leave on the agenda.
VI. RBI Property Tax Abatement
No update. This will go before the Economic Development Commission.
New Business
I. Approval of Prior Month’s Meeting Minutes – November 15, 2021 Recommendation made by Committee Chairman Nevois, seconded by Committee Member Hanebutt, to approve the minutes from the November 15, 2021, meeting. Carried
II. Maturing CDs and Investment Information
None
III. Financial Dashboard
Chairman Nevois reported that with 58% of the year expired, the revenue is at 102% and the expenses are at 40%. The ARPA funds of $236,542.92 are included in the other income and the library loan of $40,000, which will be paid back by next month, are skewing the report.
IV. Health Insurance Renewal and Teledoc Incentive Request
Poetker said the recommended CIGNA policy is at a $2.00/per month/per employee increase over the current plan, with the same benefits.
Recommendation made by Committee Member Rheinecker, seconded by Committee Member Hanebutt, to authorize approval of the proposed rates from CIGNA IL Silver PPO for the employee health insurance policy, effective January 1, 2022. Carried
The TELEDOC program is in force now, is a separate program and fee system from the health insurance policy but is being underutilized. The key is education and promotion to get the employees to go in, set up the app and have it ready for use. Poetker plans to have Einstein come in and help the staff set up the app at a safety meeting.
Recommendation made by Committee Chairman Nevois, seconded by Committee Member Hanebutt, to authorize approval to contribute $100 for two $100 incentive gift card drawings (split evenly with Einstein Consulting), to promote employee participation in the TELEDOC program. Carried
V. Public Comments/Anything for the Good of the City
None
Meeting was adjourned at 6:25 P.M.
https://www.cityofredbud.org/uploads/3/8/4/1/38410823/finance_12202021.pdf