VILLAGE OF NORTH AURORA
COMMITTEE OF THE WHOLE MEETING MINUTES
JANUARY 15, 2018
CALL TO ORDER
Mayor Berman called the meeting to order.
ROLL CALL
In attendance: Mayor Dale Berman, Trustee Mark Gaffino, Trustee Laura Curtis, Trustee Mike Lowery, Trustee Mark Carroll, Trustee Tao Martinez, Trustee Mark Guethle, Village Clerk Lori Murray.
Staff in attendance: Village Administrator Steve Bosco, Finance Director Bill Hannah, Community & Economic Development Director Mike Toth, Public Works Director John Laskowski, Police Chief David Fisher, Village Attorney Kevin Drendel.
AUDIENCE COMMENTS – None
TRUSTEE COMMENTS – None
DISCUSSION
1. Kane County G.I.S. Intergovernmental Agreement
The G.I.S. is a digital database system which would allow the village to have a database that would keep historical information on the location of water mains, sewers, roads and traffic devices throughout the Village. The Village has looked into several options on maintaining the G.I.S such as a full-time employee, a part-time employee, a consultant and the County. The two most cost effective ways would be to hire a part-time employee to work on the G.I.S. only or to use the County. The advantage of going with the County is that they would store the data and they have full-time staff that would be utilized. If the Village partners with the County, it would be the first town to do this. It would allow the Village to have a more efficient system than what is currently being used.
The Board was in agreement to move forward.
2. Mid-Year Financial Update
Finance Director Bill Hannah provided an overview of the Village’s mid-year financial update. Some of the items mentioned are listed below.
-A balanced budget was passed for the current fiscal year.
-Positive surpluses (in the black) the last 4 years.
-The Village maintained their AA+ bond rating
-General Fund Revenues – $10,743,320
-Sales Tax revenue up 2.8% first 5 months of the year.
-State shared income tax revenue down 1.3% for the first 7 months of the year.
-Building permits received to-date are $156,000 versus a budget of $225, 000.
-Interest on Investments are slowly rising.
-MFT allotments through the first 5 months are 7.7% higher than last year.
-TIF fund increment this year – $385,159.
-The reserve at the beginning of the year was $1,163,048, 8 years remaining in the TIF.
**A full list of the mid-year financial update report is available through Village Hall.
EXECUTIVE SESSION
Motion made by Trustee Guethle and seconded by Trustee Gaffino to adjourn to Executive Session for the purpose of discussing the sale of village property. All in favor. Motion approved.
(return from Executive Session)
ADJOURNMENT
Motion made by Trustee Guethle and seconded by Trustee to Curtis to adjourn the meeting. All in favor. Motion approved.
Respectfully Submitted,
Lori J. Murray
Village Clerk
