Fulton County Board Finance & Insurance Committee met Dec. 8
Here is the minutes provided by the board:
1. Call to Order
Time: 5:56pm
Members:
Barry Beck (present/xxxxxx)
Susan Duquenne (xxxxxx/absent)
George Hall (present/xxxxxx)
Laura Kessel (present/xxxxxx)
BJ McCullum (present/xxxxxx)
John Spangler (present/xxxxxx)
Lisa Thompson (present/xxxxxx)
OTHER BOARD MEMBERS:
STAFF: Audra Miles – Comptroller, Cindy Simpson – Fulton County Board Administrative Assistant
ELECTED & APPOINTED OFFICIALS: Staci Mayall-Treasurer, Charlene Markley – Circuit Clerk
GUESTS: Randy Stephens – IMRF
Media: John Froehling – Fulton Democrat
2. Roll Call
Roll call was taken, quorum was present
3. Call for Additions/Deletions To and Approval of the Agenda
Member Kessel moved to approve the amended agenda with a second from Member Beck. Motion carried by roll call vote (6-0).
4. Approval of Previous Minutes – November 10, 2020
Member Kessel moved to approve the minutes from November 10, 2020 with a second from Member Beck. Motion carried by roll call vote (6-0).
5. Announcements, Communications and Correspondence
Vice Chairman Murphy advised the Finance committee there have been some issues with the spay and neuter bills from veterinarians. The revised application for the spay and neuter program has been sent to all local veterinarians and the Humane Society to be updated.
6. Public Comments – None
7. Claims
a. Discussion/Action: Claims
Member Thompson indicated a dollar amount should be changed due to an addition error.
Member Kessel moved to approve the claims with a second from Member Beck. Motion carried by roll call vote (6-0).
8. Transfer of Funds
a. General Funds Transfers
b. Other Funds Transfers
i. Discussion/Action: Resolution: Transfer $140,000.00 from Working Cash, Loans to Other Funds 044-099-595300 to Mental Health Fund, Transfers From Other Funds 011-052-490100.
Treasurer Mayall discussed this is an annual loan for Mental Health that is repaid during the year.
Member McCullum moved to approve the resolution with a second from Member Thompson. Motion carried by roll call vote (6-0).
9. Immediate Emergency Appropriation(s) – None
a. General Funds Immediate Emergency Appropriations
b. Other Funds Immediate Emergency Appropriations
10. Old Business
a. Discussion/Action: IMRF lump sum payments
Treasurer Mayall discussed the SLEP and ECO plans for IMRF that are underfunded and Fulton County currently pays interest on the two accounts due to the underfunding.
Randy Stephens from IMRF recommended the county make a lump sum payment to both accounts to put SLEP and ECO plans in the black.
Currently the ECO has a deficit of $221,177.73 and the recommendation is to make a one-time payment of $500,000.00. Stephens commented that two elected officials are eligible to retire and this is the fund the pension plan would be paid from.
The SLEP plan currently has a deficit of $489,222.11 and has interest charges of about $36,000.00. Stephens is recommended a onetime payment of $500,000.00 to bring the account balance in the black to avoid paying interest.
The payments on SLEP and ECO plans need to be made prior to December 31, 2020 to avoid paying interest.
Member Kessel moved to approve the one-time payments with a second from Member McCullum. Motion carried by roll call vote (6-0).
11. New Business
a. Discussion/Action: Resolution: Nonunion Salaries Raises FY2021
Treasurer Mayall discussed this is a cleanup for the remainder of the nonunion 2% raises and a wording correction for the Comptroller.
Member Kessel moved to approve the resolution for non-union salary raises of 2% with a second from Member Beck. Motion carried by roll call vote (6-0).
b. Discussion/Action: Fulton County Board office copier equipment and annual contract Pulled
c. Discussion/Action: Approval of the County Board Chairman to enter into an Intergovernmental Agreement(s) with local municipalities for the purpose of Local Cure funding
Treasurer Mayall discussed the plan is to recover the monies and to use the funds for PPE for villages, towns and fire departments, which will be needed when the vaccine is ready to be distributed.
The proposal is to do intergovernmental agreements with the villages and towns. This is time sensitive as the deadline is December 31, 2020 to acquire the funds and spend the funds by the deadline. There are approximately twelve villages and towns that will need an intergovernmental agreement approved.
Treasurer Mayall discussed the plan is to give the Fulton County Board Chairman the authority to sign all the intergovernmental agreements due to short timeline.
Member Thompson moved to approve the County Board Chairman to enter into an Intergovernmental Agreement(s) with local municipalities for the purpose of Local Cure funding, with a second from Member Beck. Motion carried by roll call vote (6-0).
12. Transit
a. Resolution: Fulton County Rural Transit Wage Payment In the Event of Catastrophic Disaster, Epidemic or Unforeseen Incident
Comptroller Miles discussed this is a resolution to continue to pay drivers in case of a catastrophic event. This allows FCRT to continue to pay the drivers as drivers are very hard to find.
Member McCullum moved to approve the resolution with a second from Member Thompson. Motion carried by roll call vote (6-0).
b. Resolution: Authorizing Execution and Amendment of Federal 5311 Grant Agreement
Member Kessel moved to approve the resolution with a second from Member Thompson. Motion carried by roll call vote (6-0).
c. Resolution: Authorizing Execution and Amendment of Downstate Operating Assistance Grant Agreement
Member Kessel moved to approve the resolution with a second from Member Beck.
Motion carried by roll call vote (6-0).
13. Treasurer’s Report – None
14. Executive Session – None
15. MISC. – None
16. Adjournment
Time: 6:25pm
Member Thompson moved to adjourn at 6:25pm with a second from Member Beck.
Motion carried by roll call vote (6-0).
https://www.fultonco.org/december-8-2020-finance-insurance-committee-meeting-minutes/
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