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Lyons Finance Committee breaks down 2018 finances

Meeting 11

The village of Lyons Finance Committee met Jan. 3 to break down the 2018 finances.

Here is the meeting's agenda, as provided by the committee:

Finance Committee Meeting

Wednesday January 3, 2017

6:00 P.M. Central Daylight Time

Village Hall Council Chambers

4200 Lawndale Avenue Lyons, IL 60534

Chairman Paul Marchiori

Mayor Christopher Getty Hon. Chairman, Trustee Patricia Alonzi Member, Trustee Teresa Echeverria Member

1. Call to Order

a. Meeting called to order at 6:02 p.m. by Chairman Paul Marchiori.

2. Roll Call

a. Chairman Paul Marchiori called roll. Present: Chairman Paul Marchiori Mayor Christopher Getty, Trustee

Echeverria. Excused Absence Trustee Patricia Alonzi.

3. Presentation of the Warrant

a. Chairman Paul Marchiori presented warrant number 01-03-17 in the amount of $ 418,395.67

b. Chairman Marchiori entertained a motion to approve warrant number 01-03-17 in the amount of $418,395.67

Motion made by Mayor Getty, seconded by Trustee Echeverria.

Chairman Marchiori Called the roll:

Ayes: 3 Chairman Marchiori, Mayor Getty, Trustee Echeverria

Nays: 0

Absent: 1 Trustee Alonzi

4. Approval of Meeting Minutes

a. Chairman Marchiori entertained a motion to approve meeting minutes from October 18, 2016, November 1, 2016,

November 15, 2016, and December 21, 2016.

Motion made by Mayor Getty, Seconded by Trustee Echeverria.

Chairman Marchiori Called the roll:

Ayes: 3 Chairman Marchiori, Mayor Getty, Trustee Echeverria

Nays: 0

Absent: 1 Trustee Alonzi

5. Finance Report

a. Finance Director Dan Denys is aiming for the first meeting in February to have a final break down of the 2016

finances presented at the finance board. Once every month Dan would like to present the Village board with a policy

issue. This will further the board’s understanding of Village policy as well as help codify Village operations. Bond

payments went out on December 31, 2016 without any issues. The Village even payed one payment a year in

advance.

6. Adjournment

a. Chairman Marchiori entertained a motion to adjourn the finance committee meeting at 6:16. Motion made by

Trustee Echeverria, Seconded by Mayor Getty.

Chairman Marchiori Called the roll:

Ayes: 3 Chairman Marchiori, Mayor Getty, Trustee Echeverria

Nays: 0

Absent: 1 Trustee Alonzi

Respectfully Submitted,

KL

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