Illinois Valley Times

City of Peru Finance Committee met April 24.

 Here is the agenda as provided by the committee: 

ROLL CALL:

     • PRESENTATION

     • PUBLIC COMMENT

     • DISBURSEMENTS

     • MINUTES

          o Finance Committee Minutes of March 13, 2023

     • OLD BUSINESS

          o Tracy Mitchell, Finance Officer

                 • FY 24 Budget Update

          o Kim Reese, Director of Human Resources

     • NEW BUSINESS

          o Tracy Mitchell, Finance Officer

                • Discuss/recommend $235,000 Utility Reinvestment for Operating Reserve in into UMB Bank NA Kansas City at 5% for 1 year.

                • Motion to authorize Finance Officer to invest in CD's as deemed financially advantageous to the city.

     • PUBLIC COMMENT

     • CLOSED SESSION

          o Meetings for the discussion of minutes of meetings lawfully closed under the act either for purposes of approval by the body of the minutes or semi-annual review of the minutes required by the act.

     • ADJOURNMENT

https://www.peru.il.us/city-government/forms-and-documents/agendas/finance-committee-agenda/2023-fin/6037-finance-committee-agenda-04-24-23/file