The Finance Committee is meeting 07/24/2023 at 5:30PM. I would expect the meeting to be on the longer side because they are receiving several presentations. First and foremost, Leah Lasecki with CliftonLarsenAllen will be going over the 2022 Audit and Executive Summary. It looks like […]
Category: Finance Committee
Finance Committee Approves $66,000 Contract For Specialized Flooring In New Northland Mall Dance Studio Space – Studio Expected To Be Ready By Mid-August
The Finance Committee met 06/26/2023. One of the items they took up was a request to award the dance studio flooring contract to CMG Flooring for a project total not to exceed $75,943 along with a budget amendment to take $100,000 from the City Hall […]
Finance Committee Rejects Bid For Miracle League Field Resurfacing Project – Bid Was $144,000 Over-Budget, Goodwill Working On Raising Additional Funds
The Finance Committee met 06/26/2023. One of the items they took up was a request to reject a bid from Keifer USA for the Memorial Park Miracle League Field Resurfacing Project because it was significantly over-budget. The city had expected the project to cost around […]
Finance Committee Approves Request To Apply For Loan To Replace Private Lead Service Lines – City Will Only Accept If Loan Includes Principal Forgiveness
The Finance Committee met 06/26/2023. One of the items they took up was a request to apply for a Safe Drinking Water Loan through the Wisconsin Department of Natural Resources. If awarded this money would be used to help pay for the replacement of private […]
Finance Committee Meeting 06/26/2023 – Will Vote On WDNR Loan For Lead Pipe Replacement, Dance Studio Remodeling Project
The Finance Committee is meeting 06/26/2023 at 5:30PM. They will be voting on a request to apply for a Safe Drinking Water Loan. This is funding available through the Wisconsin Department of Natural Resources to help municipalities assist property owners with costs associated with the […]
Finance Committee Unanimously Approves Bid Packages For Library Project
On 06/19/2023, the Finance Committee voted unanimously to approve the bid packages for the Library project. Video for the meeting has still not been posted, but the Post Crescent wrote an article that can be read here: https://www.postcrescent.com/story/news/local/2023/06/19/bids-for-appleton-public-library-fit-within-40-4-million-budget/70335475007/ Per the article, “The current accounting for […]
Finance Committee Meeting 06/19/2023 – Will Vote On Library Project Bid Packages, Total Cost Comes In Just Shy Of $31 Million
The Finance Committee is holding a special meeting on 06/19/2023 at 5PM to review and vote on a request to approve the bid packages for the Library project. The taxpayer funded portion of the project was supposed to be no more than $26.4 million, but […]
Finance Committee Receives Presentation On Performance Of City’s Bond Portfolio
The Finance Committee met 06/12/2023. During that meeting they received a presentation on the performance of the city’s bond portfolio. This presentation was given by Michael Maloney, a portfolio manager as US Bank who manages Appleton’s bonds. The presentation and discussion were fairly high level […]
Finance Committee Meeting 06/12/2023 – Will Receive Presentation On City’s Investment Performance
The Finance Committee is meeting 06/12/2023 at 5:30PM. They will be receiving a presentation from a US Bank representative on investment performance. I would expect this to take up the most time during the meeting. They will also be voting on three action items, one […]
Finance Committee Approved Budget Amendment For Vehicle Purchase, 2023 Masonry Repairs Contract, $3 Million Cash Advance From Stormwater Utility Fund To Wastewater Utility Fund
The Finance Committee met 05/22/2023. They took up three action items and were over and done in under 5 minutes. I’ve prepared a transcript of the discussion for download. The first item was a request to approve a 2023 Budget Amendment of $22,040 to record […]