Meeting Name: Finance & Administration Committee Agenda status: Final
Meeting date/time: 9/23/2019 6:00 PM Minutes status: Final  
Meeting location: Village Manager's Conference Room
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
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190402 1  RequestMotion to Accept and File with the Village Clerk the 2018 Comprehensive Annual Financial Report (CAFR), Management Letter, Current Recommendation and Audit Finding with Corrective Action Plan The Finance and Administration Committee voted unanimously to recommend that the Village Board accept and place on file with the Village Clerk the FYE 2018 Comprehensive Annual Financial Report and Management Letter.recommended to the Board of Trustees for approvalPass Action details Not available
190298 2  OrdinanceOrdinance Providing for the Levy and Assessment of Taxes for the Fiscal Year beginning January 1, 2019 and ending December 31, 2019 for the Village of Lombard Providing for the levy and assessment of taxes for the fiscal year beginning January 1, 2019 and ending December 31, 2019 in the amount of Ten-Million-Fifty-Two-Thousand-Three Hundred-Seventy-Six Dollars ($10,052,376). Based on the total estimated EAV along with the number of households in Lombard per the most recent census, the Village's share of the tax bill for the average $189,000 household is expected to increase approximately $8.42. For the owner of a $300,000 house, the increase will be approximately $14.21. The Finance and Administration Committee voted unanimously to recommend the statutorily permissible 2019 tax levy to the President and the Board of Trustees.Recommended to the Board of Trustees with condition(s)Pass Action details Not available
190324 3 2020 Budget Update, 2021 Forecast, Home Rule Overview - PresentationOrdinanceBudget Ordinance for Fiscal Year 2020 Ordinance adopting the Village of Lombard FY 2020 Annual Budget in the amount of $95,085,532.Recommended to the Board of Trustees with condition(s)Pass Action details Not available