HomeMy WebLinkAbout01.02.2024 Finance Committee MinutesJanuary 2, 2024
FINANCE COMMITTEE
5:10 p.m.
Harold E. Getty Council Chambers
Roll Call
Members present: Chairperson Ray Feuss, Vice Chairperson Rob Nichos and John Chiles.
Approval of Agenda
Nichols/Chiles
that the agenda as proposed, be approved. Voice vote -Ayes: Three. Motion carried.
Approval of Minutes of December 18, 2023, as proposed.
Nichols/Chiles
that the minutes of December 18, 2023 as proposed, be approved. Voice vote -Ayes: Three.
Motion carried.
TRAVEL REQUESTS
Nichols/Chiles
that the following travel requests be approved. Voice vote -Ayes: Three. Motion carried.
Justin Speakar, ICT Foreman and Justin Estling, Plant Maintenance Mechanic
Class/Meeting: Basic Wastewater Training
Destination: Online
Dates: TBD
Amount not to exceed: $870.00
Bridgett Wood, Finance Director
Class/Meeting: GFOA Conference
Destination: Orlando, FL
Dates: June 7-12, 2024
Amount not to exceed: $3,525.00
Noel Anderson, Community Planning & Development Director
Class/Meeting: Cedar Valley Coalition
Destination: Washington, D.C.
Dates: May 20-22, 2024
Amount not to exceed: $1,955.00
Abraham L Funchess Jr, Human Rights Director
Class/Meeting: CARE / TAFAC Meeting
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Destination: Arlington, VA
Dates: February 1-2, 2024
Amount not to exceed: $953.40
Quentin Hart, Mayor
Class/Meeting: US Conference of Mayors
Destination: Santa Barbara, CA
Dates: February 15-17, 2024
Amount not to exceed: $2,200.00
PRE -AUTHORIZATION TO EXPEND OVER $2,500.00
Nichols/Chiles
that the request for the following pre -authorizations to expend over $2,500 be approved. Voice
vote -Ayes: Three. Motion carried.
Airport (CY-2024 Liability Insurance)
Amount: $13,434.00
Expenditure: Airport Liability Insurance for CY-2024.
Airport (West End Heating & Cooling)
Amount: $5,380.00
Expenditure: New heating/cooling unit for FAA -leased West End office.
Building Maintenance (Library Window Replacement)
Amount: $3,984.82
Expenditure: Emergency window repair at Waterloo Public Library.
Fire (Cardiac Monitor/Defibrillator)
Amount: $46,849.06
Expenditure: Zoll X-Series cardiac monitor/defibrillator for Engine 303.
Leisure Services (Funding for Operations at Fairview Cemetery)
Amount: $70,000.00
Expenditure: Subsidy for funding operations at Fairview Cemetery.
Police (Laserfiche Annual Renewal OPG-3)
Amount: $8,784.00
Expenditure: Laserfiche software renewal.
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Traffic (Street Light LED Replacement)
Amount: $8,414.64 + $500.00 S/H
Expenditure: LED streetlight replacement.
Traffic (Tower Lights LED Replacement)
Amount: $7,044.99 + $500.00 S/H
Expenditure: LED replacement for tower lights.
BUDGET LINE ITEMS TO BE AMENDED
Feuss/Nichols
that the following budget line item amendments be approved. Voice vote -Ayes: Three. Motion
carried.
Approve budget amendment to increase Interest revenue line by $10,000.00 and increase
Travel - Professional Training expense line by $10,000.00, for additional training opportunities,
as submitted by the Finance Department.
Approve budget amendment to increase Sale of Property revenue line by $5,000.00 and
increase Travel - City Business expense line by $5,000.00, for additional training opportunities,
as submitted by the Planning & Zoning Department.
OTHER COMMITTEE BUSINESS
Feuss/Chiles
that the following refund requests be approved. Voice vote -Ayes: Three. Motion carried.
Request approving a refund for EPM Iowa Investments Fund 2 LLC, on property located at
1211 Langley Rd Apt 1, Waterloo, IA 50702, in the amount of $629.57, from the previous
owner's special assessment bill consisting of water fees, sewer fees, storm fees, and filing fees.
Request approving a refund for EPM Iowa Investments Fund 2 LLC, on property located at
1125 Langley Rd Apt 1, Waterloo, IA 50702, in the amount of $913.00, from the previous
owner's special assessment bill consisting of water fees, sewer fees, storm fees, and filing fees.
Request approving a refund for EPM Iowa Investments Fund 2 LLC, on property located at
1153 Langley Rd Apt 1, Waterloo, IA 50702, in the amount of $618.77, from the previous
owner's special assessment bill consisting of water fees, sewer fees, storm fees, and filing fees.
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Request approving a refund for EPM Iowa Investments Fund 2 LLC, on property located at
1047 Langley Rd Apt 1, Waterloo, IA 50702, in the amount of $897.59, from the previous
owner's special assessment bill consisting of water fees, sewer fees, storm fees, and filing fees.
BILLS PAYMENT
January 2, 2024.
Feuss/Chiles
that the Bills Payment, as contained in the Accounts Payable Invoice Report dated January 2,
2024, in the amount of $5,448,174.56, be approved. Voice vote -Ayes: Three. Motion carried.
ADJOURNMENT
Nichols/Chiles
that the meeting be adjourned at 5:16. Voice vote -Ayes: Three. Motion carried.
Kerrey Ferchre`
City Clerk
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