Village of Mantua
Finance Committee Meeting
April 15, 2010

Call to Order: 6:30 P.M.

Roll Call: Linda Clark, Ben Prescott, Roger Hawkins

Others: Clerk-Treasurer Jenny August, Mayor Donna Hawkins, Chief Harry Buchert, Norm Erickson arrived at 7:00.

Minutes:

Motion to approve the Minutes from the March meeting by Linda Clark, seconded by Ben. All ayes on vote.

Financial Reports:

Jenny gave the Financial reports. The Fund status at the end of March was $325,450. Revenues were $104,538. Property tax revenues were reduced so we got much less than usual. Expenses totaled $70,724. There were no fund adjustments. Water and Sewer reconciled exactly, as did Income Tax, and the bank reconciliation went through with no adjusting factors.

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

Other Discussion:

RAS Pumps

TRUCKS

PARK LODGE

2011 BUDGET

Citizens:

Motion to adjourn at 8:18 P.M. by Linda, seconded by Roger. All ayes on vote.

___________________________
Ben Prescott, Chair of Finance

___________________________
Jenny August, Clerk-Treasurer