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Bentleyville Finance Committee

October 15, 2014 - Meeting Minutes

Attendees: Bernice Schreiber, Fiscal Officer

John Bourisseau, Council President; Christine Comstock, Council; Kathleen Esposito, Council; Ken Kvacek, Council

Absent: Kathleen Hale, Finance Committee

Meeting called to order at 6:05 P.M.

Approval of Minutes of meeting Finance Committee of September 17, 2014: Unanimously approved

Accounts Payable: Reviewed and unanimously recommended for payment.

Big one-time payment of approximately $48,000 for an estate tax that was successfully appealed.

Review of Financial Statements:

September YTD, we are $106,000 better than budget thru because of higher fine revenue than budgeted; in October the trend improves with RITA revenue higher than expected.  Although, we had a one time $48,000 charge.  At the end of October we are expecting to be about $67,000 better than budgeted.

Old Business:

New Business:

Ordinances are all recommended for approval. 

Meeting adjourned at 6:45 P.M.

Minutes submitted by Jonathan Slain, Finance Committee Chair

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