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1994-11-14 - Village Board Committee of the Whole - Minutes 11/7/94 MINUTES OF THE WORKSHOP MEETING OF THE VILLAGE BOARD OF THE VILLAGE OF BUFFALO GROVE, HELD IN THE COUNCIL CHAMBERS, 50 RAUPP BOULEVARD, BUFFALO GROVE, ILLINOIS ON MONDAY, NOVEMBER 14, 1994 CALL TO ORDER The Village Clerk called them meeting to order at 7:33 P.M. ROLL CALL Roll call indicated the following present: Trustees Marienthal, Reid, and Braiman. Trustee Hendricks arrived at 7:40 P.M. , President Mathias and Trustees Kahn and Rubin were absent. Also present were: William Balling, Village Manager; William Raysa, Village Attorney; Lee Szymborski, Assistant Village Manager; William Brimm, Finance Director; Gregory Boysen, Director of Public Works; Richard Kuenkler, Village Engineer; Fire Chief Allenspach; Deputy Police Chief Voigt; and Joseph Tenerelli, Village Treasurer. Trustee Marienthal acted as Temporary Chairman for the meeting. VILLAGE MANAGER'S REPORT Mr. Balling explained that the purpose of tonight's meeting is to keep the Board informed of the financial policies of the Village. VILLAGE SIX-MONTH REPORT Mr. Brimm reviewed the FY 1994-95 Six Month Report, details of which are contained in his memo to Mr. Balling of November 10, 1994. CAPITAL IMPROVEMENT PLAN There was discussion regarding the street maintenance projects contained in the CIP, and also water main replacement requirements, details of which are contained in Mr. Boysen's memo to Mr. Balling of October 20, 1994. Mr. Balling introduced the Capital Improvement Plan, and Mr. Brimm reviewed the CIP, details of which are contained in his memo to Mr. Balling of November 10, 1994, as well as the Capital Improvement Plan itself. Staff then answered questioned from the Board on the plans. OVERVIEW OF 1995/96 BUDGET GOALS Mr. Brimm then presented the 1995/96 budget update, after which he answered questions from the Board. REVIEW OF FINANCIAL POLICIES Finally, Mr. Brimm reviewed the Village financial policies, which are contained in the Financial Policies & Practices manual. ADJOURNMENT Moved by Reid, seconded by Braiman, to adjourn the meeting. Upon voice vote, the motion was unanimously declared carried. The meeting was adjourned at 9:18 P.M. �T. et M. Sirabian, Village Clerk APPROVED BY M HIS DAY OF Ftsterowaikk., , 1993. Vi esident