Finance Committee


DATE: Tuesday, November 7, 2006
PLACE:

Room 213
West Square Building, Baraboo

Members present: Marty Krueger, Joan Fordham, Tommy Lee Bychinski, Tom Kriegl, Bill Wenzel
Others present: Kerry Beghin, Kathy Schauf, Pat Carignan, Skip Krueger, media

Chairman Bychinski called the meeting to order at 8:30 a.m. Certification of the open meeting requirement was met. Motion by Fordham, second by Wenzel to adopt the agenda. Motion carried. Motion by Fordham, second by Kriegl to approve the minutes from previous meetings with aditions.
Motion carried.

Public Comment

Skip Krueger regarding expense consulting.

Mr. Krueger described that AIM Network LLC is a firm that examines invoices for errors and attempts to recover overpayments.

Communications

None.

Business Items

Consider resolution Authorizing the Public Health Department to Accept the Donation of the St. Clare Foundation.

The Public Health Department has received a $5,757.92 donation from the St. Clare Foundation to help fund acute health care needs for Sauk County's uninsured or under insured. Motion by Fordham, second by Kriegl to approve this resolution accepting the donation and amending the Public Health budget to appropriate these funds. Motion carried.

Consider ordinance Establishing Taxes to be Levied in Sauk County for the Year 2007.

The Committee discussed the reduction of $3,344 in levy allowed by the State since budget presentation at the October County Board session. The Committee also discussed amending the budget proposal to use contingency fund dollars to fund operational audits in order to gain efficiencies. So long as it can be shown through other counties' experiences that dollars and efforts can be saved, reviews by functional areas could prove to be beneficial. The amount of contingency above the historical base available for this would be $115,483, and it was the consensus of the Committee to ask that this amount be transferred from contingency to the Administrative Coordinator's budget. It was reiterated that the proposed levy is the maximum amount allowable by the State and would keep the County well-positioned for future years. Finally, the Solid Waste Manager has resigned effective December 31, so there will likely be changes to the budget proposal related to this department. Motion by Kriegl to reallocate $500,000 from Health Care Center levy to the contingency fund in the 2007 County budget. Motion failed for lack of a second. Motion by Fordham, second by Wenzel to adopt the original ordinance. Motion carried, with Kriegl opposed.

Discussion and possible resolution updating Financial Policy 10-95, Investments.

Action on these updates to address various investment risks will be forthcoming in December.

Update on financial performance of the Health Care Center.

Beghin updated the Committee on ongoing financial operations. Implementation of Medicare Advantage continues to pose additional challenges. The vast majority of billings and collections continue to be made on a timely basis.

Treasurer's Report

Carignan updated the Committee on departmental activities. She will be purchasing a currency counter and counterfeit checker within her department's existing budgeted funds. Also, in a money-saving effort, Carignan would like to begin sending receipts for tax payments only to people who provide a pre-addressed stamped envelope. Record of payment can also be found on-line in real time. Motion by Fordham, second by Kriegl, to approve payment of the Treasurer's invoices in the amount of $5,320.11. Motion carried.

Accounting Department Report

Beghin updated the Committee on activities of the department for the past month. Projects have included investigating the proposed Health Care Center Board of Trustees, the MUNIS conference, and hiring of a Management Analyst. The Property and Insurance Committee has determined that the 3rd Avenue rental property is becoming more costly to maintain than it is worth. That Committee is exploring demolition of the building. Motion by Wenzel, second by Fordham to approve payment of Accounting invoices in the amount of $22,607.56 and county invoices in the amount of $3,784,394.74.
Motion carried.

Motion by Wenzel, second by Fordham to adjourn.
Motion carried.

The next meeting will be just prior to the County Board session on November 14 to approve payments, and the next regular Finance Committee meeting will be December 12, 2006.

Respectfully Submitted: William F. Wenzel, Secretary