City of Red Bud Finance Committee met April 18.
Here are the minutes provided by the committee:
Committee Members Present: Rodney Nevois, Bill Hanebutt, Mike Rheinecker, Ben Schwartzkopf, Alan Piel
Committee Members Absent:
Council Members Present: Curt Guebert, Jeremy DeMond
Council Members Absent: Kyle Donjon
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 6:01 P.M.
Old Business
I. Code of Ordinances – City Attorney Final Updates
The Code of Ordinances are in final review at the city attorney’s office and should be ready for distribution soon.
II. ARPA Funding – First Report Due April 30th
Liz Cowell is working on the first report which is due April 30th.
III. RBI Property Tax Abatement – Waiting for 75% of Project Completeness Nothing to report
IV. Community Projects – Guidelines/Forms – In Process
Poetker reported that she is working on this.
V. Approval of FY’23 Budget and Appropriation Ordinance 1492 Poetker reported that the annual budget hearing will be held on May 2, 2022, at 5:45 P.M. before the council meeting.
Recommendation made by Committee Chairman Nevois, seconded by Committee Member Rheinecker, to authorize approval of the FY 2023 Budget as presented and of Ordinance No. 1492: “FY 2023 Appropriation Ordinance.” Carried
New Business
I. Approval of Prior Month’s Meeting Minutes – March 21, 2022 Recommendation made by Committee Chairman Nevois, seconded by Committee Member Hanebutt, to approve the minutes from the March 21, 2022, meeting. Carried
II. Maturing CDs and Investment Information
None
III. Financial Dashboard
Chairman Nevois reviewed the financial dashboard. After eleven months, the revenue is at 150% of budget and expenses are at 68%. MFT did receive Rebuild IL Funds totaling $81,237.58.
IV. Termination of Business License Program
Recommendation made by Committee Member Hanebutt, seconded by Committee Member Rheinecker, to terminate the business license program. Carried
V. Public Comments/Anything for the Good of the City
Chairman Nevois said that he had mentioned to the mayor that he had been appointed as a liaison person with the business committee, with John Horrell as the spokesperson. Mr. Horrell plans to name someone from the Chamber of Commerce and a couple of other businesspeople to that committee. Nevois feels like they are well on their way with ideas on how to make a business license program work.
Attorney Ray stated that he must write an ordinance, changing the various affected codes, and will be bringing that forth to the May committee meetings.
Meeting was adjourned at 6:06 P.M.
https://www.cityofredbud.org/uploads/3/8/4/1/38410823/finance_04182022.pdf
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