Kankakee Times

Village of Bourbonnais Finance Committee met Oct. 1.

Here are the minutes provided by the committee:

Meeting called to order at 4:15 PM 

1. Meeting Opening 

Procedural: A. Roll Call - Trustee Rick Fischer 

Members Present: Mayor Jeff Keast, Trustee Bruce Greenlee, Trustee Rick Fischer, Trustee Jack Littrell, Trustee Angie Serafini, and Trustee Craig Toepfer. Also in Attendance: Administrator Michael Van Mill, Attorney Patrick Dunn, Clerk Chad Meents, Finance Director Tara Latz, Assistant Finance Director Holly St. Germaine, Chief of Police David Morefield, Public Works Superintendent Terry Memenga, Public Works Assistant Superintendent Frank Triveline, Village Engineer Michael Gingerich, and Executive Administrative Assistant Jessica Spry. Absent: Trustee Randy King.

2. Review and Approve Committee Minutes 

Action, Minutes: A. Finance Committee Minutes from September 10, 2025 

Motion by Trustee Angie Serafini, second by Trustee Jack Littrell to approve the Finance Committee minutes from September 10, 2025 as presented.

Final Resolution: Motion Carried

Aye: Trustee Bruce Greenlee, Trustee Rick Fischer, Trustee Jack Littrell, Trustee Angie Serafini, and Trustee Craig Toepfer.

3. Bill Lists 

Accounts Payable: A. General Fund 

>Finance Director Tara Latz commented on a few annual payments. The BBCHS Student Resource Officer salary portion was paid out. The full salary is split between Bradley, Bourbonnais and BBCHS. OAK Orthopedics received the final payment of their $750,000 TIF incentive.

>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, October 6, 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, October 6, 2025.

4. Other Business 

Discussion: A. FY2025 Annual Treasurer's Report 

>Mrs. Latz explained there is a state statute that requires to annually post a treasurer's report which reports the cash receipts and disbursements of the Village. The Annual Treasurer's Report for Fiscal Year ending April, 30, 2025 (on BoardDocs) will be published in the Daily Journal before the end of October.

Discussion: B. May-July 2025 Operating Results 

>Mrs. Latz provided information on the May through July Operating results.

>Revenues and Expenditures were explained in a memo and details were provided by line items for May through July for the first quarter of fiscal year 2025. (on BoardDocs)

>Total revenue for the first three months came in at $2,519,131.18.

>Total expenditures for the first three months came in at $2,935,873.61 (subtracting expenses from prior year monies from Campus Bond, GO Bond and ARPA).

>Explanation was given on the total excess of Expenditures over Revenues on an accrual basis of accounting.

Discussion: C. Turkey for Tots Sponsorship Request 

>The Finance Committee agrees to decline the sponsorship at this time.

Discussion: D. Request to Amend Liquor License Class B to A Applicant: Aurelio's 

>Administrator Michael Van Mill informed the Board that Aurelio's will have new owners. They are requesting to have the new class of liquor license through the State of IL for when they do take possession of the property. The owners are wanting to serve hard liquor as well as beer and wine.

>The Finance Committee agrees to amend the liquor license from a Class B to a Class A. Legislation will be created for the next Regular Board meeting on Monday, October 6, 2025.

Discussion: E. Request for New Liquor License: Class A Applicant: Casa Acapulco LLC 

>Mr. Van Mill informed the Board that Casa Acapulco wants to be able to sell mixed drinks in their establishments.

>The Finance Committee agrees to grant a new Class A liquor license. Legislation will be created for the next Regular Board meeting on Monday, October 6, 2025.

Discussion: F. Other 

>Mrs. Latz gave an update on the Accounts Payable position. The Village offered the position to the top candidate and she accepted. She has 10+ years of experience in accounts payable and customer service and will be starting on Monday, October 13.

>Chief Morefield gave an update on the Police Support Services Technician position. The Village has made an offer to a candidate and we are waiting on a response. She has background experience as a dispatcher at KANCOMM.

5. Old Business - None

6. New Business - None

7. Public Comments - None

8. Executive Session - None

9. Adjournment and Time 

Action, Procedural: A. Adjournment & Time 

Motion by Trustee Jack Littrell, second by Trustee Craig Toepfer to adjourn the Finance Meeting at 4:34 PM. Final Resolution: Motion Carried

Aye: Trustee Bruce Greenlee, Trustee Rick Fischer, Trustee Jack Littrell, Trustee Angie Serafini, Trustee Craig Toepfer

https://go.boarddocs.com/il/vobil/Board.nsf/files/DMGSPL73A778/$file/2025-10-01%20Finance%20Pending%20Approval.pdf