City Hall, Room 604

Immediately following Personnel, which begins at 5:15 p.m.,

MEMBERS PRESENT: Chairman John VanderLeest, Tony Theisen, Tom Weber, and Steven Deneys

MEMBERS EXCUSED: None

OTHERS PRESENT: Doug Daul, Dawn Foeller, Jerry Hanson, Chief VanSchyndle, Russ Schwandt, Linda Dupuis, Recording Secretary Ginny Mamrosh, and others

1. Roll Call.

Chairperson VanderLeest called the meeting to order at 6:00 p.m.. Roll call was taken, and all were present.

2. Approval of the Agenda.

A motion was made by Ald. Weber, seconded by Ald. Deneys and carried to approve the agenda. Motion carried.

3. Approval of the minutes of the Finance Committee meetings of October 17, 2006.

A motion was made by Ald. Theisen and seconded by Ald. Weber to approve the minutes of the Finance Committee meeting of October 17, 2006. Motion carried.

4. Request by the Assessor to cancel certain real estate taxes on various parcels.

Assessor Russ Schwandt said this is a standard end-of-the-year cleanup and added that many of the cancellations were because the personal property was no longer in the City.

A motion was made by Ald. Theisen and seconded by Ald. Weber to approve the request of the Assessor to cancel certain real estate taxes on various parcels. The motion carried.

5. Review and discussion of the status of the accounts receivable for the Drug Task Force.

Mr. Daul said the amount owed by Brown County for the Drug Task Officers is a combination of 2004 and 2005 balances. The 2004 balance is $47,702.80, and that of 2005 is $50,910.15, for a total of $98,612.95. The invoice for 2006 has not yet been generated.

Chief VanSchyndle said the County budgets for 2006 and 2007 have been fully funded for these officers, so we should expect full payment for those years.

A motion was made by Ald. Theisen and seconded by Ald. Weber to hold this review and discussion for two months, after the budgets have been finalized. The motion carried.

6. Request by the City Comptroller to transfer funds from the general fund to the sick pay escrow fund to cover the costs of staff retirements.

Comptroller Dawn Foeller said these funds are necessary to cover a negative balance and if not approved would have to be covered by the 2006 tax levy.

A motion was made by Ald. Weber to approve the request by the City Comptroller to transfer $750 from the general fund to the sick pay escrow fund to cover the costs of staff retirements. It was seconded by Ald. Deneys, and carried.

7. Budget Status and Overtime Reports for September.

A motion was made by Ald. Theisen, seconded by Ald. Deneys, and carried to receive and place on file the Budget Status and Overtime Reports for September.

8. Request by the Purchasing Agent to transfer funds to allow the part-time Buyer to work an additional 50 hours to complete a project for the Fire Department and miscellaneous orders for other city departments.

Purchasing Agent Linda Dupuis said she was asking for $1,350 to have a half-time employee work Thursdays through the end of the year, for a total of 50 hours. She would work on an EMS project for the Fire Dept., as well as with IT and other departments. Funds would come from Fire Department Contractual Services.

A motion was made by Ald. Theisen, seconded by Ald. Deneys and carried to approve the request by the Purchasing Agent to transfer funds to allow the part time Buyer to work an additional 50 hours to complete a project for the Fire Department and miscellaneous orders for other city departments.

9. Report of the Purchasing Agent:

a. Bay Beach slide refurbishment award to Fiberglass Solutions, Inc. for $66,060.

A motion was made by Ald. Theisen and seconded by Ald. Weber to approve

a) Bay Beach slide refurbishment award to Fiberglass Solutions, Inc. for $66,060.

b. Financial Auditor Services to Schenck Government & Not-For-Profit Solutions for a three-year term, with two, one-year extension options available. First year costs: $38,000.

Ms. Foeller said she had called on references, speaking to three on each side of the two firms being considered. There was no significant difference in services, and it was decided to stay with Schenck because of the long term relationship the City has with the firm.

A motion was made by Ald. Weber, seconded by Ald. Deneys and carried to approve b) Financial Auditor Services to Schenck Government & Not-For-Profit Solutions for a three-year term, with two, one-year extension options available. First year costs: $38,000.

A motion to adjourn was made by Ald. Weber, seconded by Ald. Deneys, and carried. The meeting was adjourned at 6:30 p.m.

2006 CONTINGENCY FUND

$180,778.00