Kankakee Times

Village of Bourbonnais Finance Committee met April 16.

Here are the minutes provided by the committee:

1. Meeting Opening

Meeting called to order at 4:00 PM by Trustee Rick Fischer

Procedural: A. Roll Call - Trustee Rick Fischer

Members present: Mayor Paul Schore, Trustee Bruce Greenlee, Trustee Rick Fischer, Trustee Randy King, Trustee Jeff Keast, Trustee Jack Littrell, and Trustee Angie Serafini. Also in attendance, Administrator Michael Van Mill, Treasurer Ron Riebe, Attorney Patrick Dunn, Assistant Administrator Laurie Cyr, Finance Director Tara Latz, Interim Police Chief Dave Anderson, Commander Jason Sztuba, Public Works Superintendent Terry Memenga, Public Works Assistant Superintendent Frank Triveline, Engineer Mike Gingerich, Assistant Finance Director Holly St. Germaine, Human Resource Manager Sue Pranskus, and Administrative Assistant Nicole Meredith.

2. Review and Approve Committee Minutes

Action, Minutes: A. Finance Committee Minutes from April 2, 2025

Motion by Trustee Jeff Keast, second by Trustee Bruce Greenlee to approve the Finance Committee minutes from April 2, 2025, as presented.

Final Resolution: Motion Carried

Aye: Trustee Bruce Greenlee, Trustee Rick Fischer, Trustee Randy King, Trustee Jeff Keast, Trustee Jack Littrell, and Trustee Angie Serafini

3. Bill Lists

Accounts Payable: A. General Fund

> Questions were discussed and answered by Mr. Memenga.

The General fund bill list was reviewed and the Finance Committee agreed to proceed with payment of the bills at the next Regular Board meeting on Monday, April 21, 2025.

Accounts Payable: B. Special Fund

The Special fund bill list was reviewed and the Finance Committee agreed to proceed with payment of the bills at the next Regular Board meeting on Monday, April 21, 2025.

4. Other Business

Discussion: A. Updated DRAFT FY26 Budget Presentation

> Mrs. Latz gave an update on look, format and layout of the draft FY26 Budget which is available for review (on Board Docs). The special funds have been presented now, along with the General Fund which was shown at the last meeting.

> The Board was encouraged to see Mrs. Latz with any questions or concerns they have regarding the Draft Budget. Plan is to approve a final budget in May.

Discussion: B. March Revenue & Expense Report

> Mrs. Latz explained this report is a summary of revenues and expenses through March, and a memo and will be put out on a quarterly basis, the next one being in April at fiscal year-end.

>The Board was encouraged to see Mrs. Latz with any questions or concerns they have regarding the March Revenue & Expense Report.

Discussion: C. IDOT Road Maintenance Agreement Renewal

> Mrs. Latz explained this 10 year agreement with IDOT is up for renewal, this is an annual reimbursement from the State for maintaining State roads throughout the Village such as Route 45/52, Route 102, and parts of Armour Road (on Board Docs). Our reimbursement dollar amount went down based on ADT (Average Daily Traffic). IDOT is showing the ADT went down, however we have documentation showing the ADT has not changed from 2013 until now. We have questions for IDOT due to the construction on Armour Road this past year affecting the daily traffic, we will ask some questions before we sign the agreement.

Discussion: D. Oak Street Demolition Bid Results

> Mr. Memenga talked about all of the bids that were received and opened on April 10th 2025(see Board Docs). Ultimately, Paving Pro, LLC with a bid of $24,490.00, was awarded the contract.

Finance Committee agreed to move forward with this demolition bid and will be accepted at the next Regular Board meeting.

Discussion: E. Pond Dredging Proposal

> Mr. Memenga explained the quotes for dredging the Village pond in front of the Municipal Center, and found the cost is based on having to haul discharge material off site to a discharge site location. It was suggested that a depth study is needed to see how much would need to be dredged first.

Finance Committee agree to move forward and have Mr. Memenga set up a depth study of the pond.

Discussion: F. Other

> Mrs. Latz notified the Finance Committee that we have just received word from El Burrito Loco that they are not renewing their liquor license moving forward.

5. Old Business

> Trustee Fisher stated the Bradley Bourbonnais Little League has paid all of their past due balances. 6. New Business - None

7. Public Comments - None

8. Executive Session - Not Applicable

9. Adjournment and Time

Action, Procedural: A. Adjournment & Time

Motion by Trustee Jack Littrell, second by Trustee Randy King to adjourn the Finance meeting at 4:27 PM. Final Resolution: Motion Carried

Aye: Trustee Bruce Greenlee, Trustee Rick Fischer, Trustee Randy King, Trustee Jeff Keast, Trustee Jack Littrell, and Trustee Angie Serafini

https://go.boarddocs.com/il/vobil/Board.nsf/files/DG6KRA53174A/$file/2025-04-16%20Finance%20Minutes%20for%20Approval.pdf