City of Peru Finance Committee met Sept. 26.
Here is the agenda provided by the committee:
ROLL CALL:
• PRESENTATION
• PUBLIC COMMENT
• MINUTES
o Finance Committee Minutes of August 29, 2022
• OLD BUSINESS
o Justin Miller, Director of Finance
• Update on budget and mid-year review
• Investment Strategy Update
• Discuss motion to approve reinvestment of $250,000 into a Bell Bank CD for 18mos at 4.00%.
• Discuss motion to approve reinvestment of $250,000 into a BMO Harris Bank CD for 24mos at 4.05%.
• Discuss motion to approve reinvestment of $250,000 into a Nicolet National Bank CD for 30mos at 4.00%.
o Kim Reese, Director of Human Resources
• NEW BUSINESS
• PUBLIC COMMENT
• CLOSED SESSION
• ADJOURNMENT
https://www.peru.il.us/city-government/agendas/finance-committee-agenda/2022-fin/5807-finance-committee-agenda-09-26-22/file
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