Village of Mantua
Finance Committee Meeting
March 11, 2010

Call to Order: 6:30 P.M.

Roll Call: Linda Clark, Ben Prescott, Roger Hawkins

Others: Clerk-Treasurer Jenny August, Mayor Donna Hawkins.

Minutes:

Motion to approve the Minutes as amended from the February meeting by Linda Clark, seconded by Roger Hawkins, All ayes on vote.

Financial Reports:

Jenny gave the Financial reports. The Fund status at the end of February was $289,752.52. The Revenues were $180,995.27. Expenses totaled $77,994.53. There were no fund adjustments. Water and Sewer reconciled exactly, as did Income Tax, and the bank reconciliation went through with no adjusting factors. The Cemetery Fund is getting dangerously low. With Memorial Day coming, and our seasonal Cemetery employee returning soon, we will need to address this. We have spent the entire years money for Streets Equipment already. We are getting less and less money. Linda asked about Butch’s Welding payment. Are we still “Bartering” with him for paving? Jenny said no.

Motion to recommend financial reports to Council by Roger Hawkins, seconded by Linda Clark. All ayes on vote.

Legislation:

Ben reviewed the legislation that will be presented at the Council meeting Tuesday.

Bills of Resolution:

Motion to recommend the Bills of Resolution to Council by Roger, seconded by Linda. All ayes on vote.

Other Discussion:

New Truck:

Auditor’s $5,000 assistance:

Grants.gov website:

Cemetery:

Boy-Girl Fountain:

Citizens:

Motion to adjourn at 8:10 P.M. by Roger, seconded by Linda. All ayes on vote.

___________________________
Ben Prescott, Chair of Finance

___________________________
Jenny August, Clerk-Treasurer