City of Genoa City Council met Oct. 18.
Here is the agenda provided by the council:
I. CALL TO ORDER & ROLL CALL
II. PLEDGE OF ALLEGIANCE
III. GUEST SPEAKERS
IV. APPROVAL OF THE MINUTES FROM THE OCTOBER 4, 2023 CITY COUNCIL MEETING
V. APPROVAL OF ACCOUNTS PAYABLES
VI. ITEMS FROM INDIVIDUALS IN ATTENDANCE*
VII. OLD BUSINESS
VIII. FUTURE ITEMS FOR DISCUSSION
IX. NEW BUSINESS
A) PRESENTATION OF THE CITY OF GENOA FISCAL YEAR 2022-2023 AUDIT REPORT BY SIKICH
Sikich’s Auditor’s Communication to the City Council is available in the packet. Sikich will present their findings at the City Council meeting.
B) ACCEPT THE ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE FISCAL YEAR ENDED APRIL 30, 2023
Each year, the City’s financials and accounting controls are reviewed by an independent auditor, Sikich. The City’s financial statements are presented as an Annual Comprehensive Financial Report (ACFR). In this format, the basic financial statements, statements of net position and budget-to-actual statements are provided with additional information about the City in the introductory section and a statistical section toward the end of the document to show a historical comparison. The City of Genoa will be submitting the ACFR to the Government Finance Officers Association (GFOA) to be considered for the Certificate of Achievement for Excellence in Financial Reporting. The City of Genoa has received the Certificate with the past 17 ACFRs submitted and believes the Audit once again conforms with the GFOA’s award standards. The Management’s Discussion and Analysis (MD&A) is available in the ACFR and the ACFR will be posted on the City’s website, once the ACFR is accepted by the Council. The MD&A is designed to provide a narrative overview and analysis of the City’s financial activities for the past fiscal year. The MD&A focusses on significant financial issues as well as changes in the City’s financial position.
C) APPROVE HEALTH INSURANCE RENEWAL EFFECTIVE DECEMBER 1, 2023 THROUGH NOVEMBER 30, 2024
The City has received renewal proposals for the City’s Employee Health Insurance Program. The Program includes health, prescription drug, dental, life, and disability insurance for qualified employees. For the 2024 health insurance renewal, which is the most expensive portion of employee’s insurance package, the market trend has been an 8-15% increase. Due to demographics and risk factor changes, the City is seeing a decrease of 1.77% in cost, which represents a savings of over $5,000. To ensure we are receiving competitive pricing, Staff annually requests that our group is marketed to UHC. This year those rates came in 38% higher than the City’s current rates. There is a minimal increase to the disability insurance premium ($101 annually) and the dental, vision and life insurance premiums will experience no change. While the City’s portion of the insurance premiums are decreasing, all plan benefits to the employees will remain the same.
D) APPROVE PATCH WORK ON NORTH MONROE STREET BY ROYER ASPHALT, NOT TO EXCEED $10,620
E) APPROVE AN ORDINANCE AMENDING TITLE 7, PUBLIC WAYS AND PROPERTY, CHAPTER 4, TREES, SHRUBS, AND OTHER PLANTS, OF THE MUNICIPAL CODE OF THE CITY OF GENOA
F) APPROVE AN AGREEMENT WITH FEHR GRAHAM FOR PROFESSIONAL SERVICES, NOT TO EXCEED $1,200
These services are for the review of a development project. The permit applicant has deposited the funds in an escrow with the City to cover the costs of Fehr Graham’s review.
G) APPROVE AN ORDINANCE AMENDING TITLE 3, CHAPTER 3, LIQUOR CONTROL, SECTION 13 OF THE CITY CODE OF THE CITY OF GENOA
A printed version of this ordinance based on the Liquor Commission’s recommendations will be provided to the Council at the October 18th meeting.
X. DEPARTMENT REPORTS
A) FINANCE
B) PUBLIC WORKS
C) POLICE
D) ADMINISTRATION
E) MAYOR
XI. ANNOUNCEMENTS
XII. MOTION TO ADJOURN
https://www.genoa-il.com/wp-content/uploads/2023/10/CCagenda-10182023.pdf
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