The Finance Committee met 08/22/2022. The item that took up the most discussion time was the allocation of the city’s 2021 Excess General Fund Balance. After the annual audit was completed, it was determined that the city had $4.8 million in excess general funds. This […]
Tag: City Finances
Common Council Receives Presentation On Departmental Key Performance Indicators, Reviews New KPI Dashboard
The Common Council met 07/20/2022. One of the items the Council received a presentation on was about departmental statistics and key performance indicators. Mayor Woodford started out by reminding the Council that back in July of 2021, that they had allocated $50,000 of the excess […]
Mayor Woodford Provides Common Council With Overview Of 2023 Budget Process
The Common Council met 07/20/2022. During the meeting, Mayor Woodford gave a brief high-level overview of the budget process. The budget feels like something that happens between October and mid-November; however, they are actually working on the budget almost year-round. The budget process really kicks […]
Finance Committee Receives Audit Presentation – City Given “Clean” Audit By CliftonLarsonAllen Auditing Firm
The Finance Committee met 07/11/2022. They received a presentation from Leah Lasecki on Appleton’s 2021 Audit and Executive Summary. Basically, the city had a clean audit with no concerns. Leah was a principal CPA at the firm CliftonLarsonAllen (CLA) and was responsible for the signing […]
Common Council Votes To Approve Issuance Of $15.53 Million In General Obligation Promissory Notes And $11.71 Million In Sewerage System Revenue Bonds
On 05/18/2022 the Common Council voted to approve the issuance of $15,530,000 General Obligation Promissory Notes and $11,710,000 Sewerage System Revenue Bonds. This borrowing is an annual thing that the city does and is used to fund the Capital Improvement Plan and utility projects. During […]
Finance Committee Votes To Approve Sale Of $15.53 Million General Obligation Promissory Notes And $11.46 Million Sewerage System Revenue Bonds
The Finance Committee met 05/09/2022. They received a presentation on the sale of General Obligation Notes and Sewerage System Revenue Bonds from Baird representative Brad Viegut. They then voted to approve the sale of $15,530,000 worth of General Obligation Promissory Notes and $11,460,000 Sewerage System […]
Finance Committee Meeting 05/09/2022 – Will Vote On Request To Sell $27 Million Worth Of Bonds
The Finance Committee is meeting 05/09/2022 at 5:30PM. There are a couple items of note on the agenda. They will be receiving a presentation from Brad Viegut of Baird regarding the 2022 General Obligation Notes and the Sewerage System Revenue Bonds Sales. Related to that […]
City Still Soliciting Feedback On How To Spend ARPA Dollars
The City of Appleton is still soliciting community feedback on how it should spend the American Recovery Plan Act (ARPA) funding that it has received from the federal government. According to the city website, ARPA funds can be spent on a number of things including: […]
Finance Committee Votes To Approve Write-Off Of Over $50,000 In Unpaid Bills – Director Saucerman Explains That Will Not Stop The City From Continuing To Attempt To Collect Payment
The Finance Committee held a short 5 minute special meeting on 12/15/2021 ahead of the Common Council meeting. These special meetings happen from time to time in order for the Common Council to be able to vote on these items during their meeting instead of […]
Common Council Defeats Amendment That Called For 2023 Library Project Borrowing To Be Reduced By $2 Million
The Common Council held a special session on 11/10/2021 to vote on the 2022 executive budget. All Alderpersons were present except Alderperson Joe Prohaska (District 14) who had been expected to join them but then did not. The item that took up over half of […]