REPORT OF THE FINANCE COMMITTEE
JUNE 15, 2016
A meeting of the Finance Committee was held on Wednesday, June 15, 2016, at 7:00 p.m. in the
Aldermanic Chamber.
Mayor Jim Donchess, Chair, presided.
Members of the Committee present: Alderman-at-Large Lori Wilshire
Alderman-at-Large Michael B. O’Brien
Alderman Benjamin M. Clemons
Alderman June M. Caron
Alderman Ken Siegel
Members not in Attendance: Alderman-at-Large Mark S. Cookson, Vice Chair
PUBLIC COMMENT - None
COMMUNICATIONS
MOTION BY ALDERMAN SIEGEL THAT THE RULES BE SO FAR SUSPENDED AS TO ALLOW FOR
THE INTRODUCTION OF A COMMUNICATION RECEIVED AFTER THE AGENDA WAS PREPARED
MOTION CARRIED
From: John Griffin, Chief Financial Officer
Re: Internal Revenue Service Audit
MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND AUTHORIZE THE PAYMENT OF
$19,473.72. FUNDS ARE AVAILABLE WITHIN THE FY16 DEPARTMENTAL BUDGETS, ACCOUNT 52100,
FICA/MEDICARE TAXES
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: | To Approve Contract Award for Healthcare Stop Loss Insurance (Value: $750,692)
MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND AWARD THE CONTRACT TO
HCC IN THE AMOUNT OF $750,692. FUNDS ARE AVAILABLE IN THE HUMAN RESOURCES
DEPARTMENT; BENEFITS SELF INSURANCE FUND
ON THE QUESTION
Alderman Siegel
| Know this is for this year, but is it going forward? Are we going to continue to have the higher deductible
amount.
Mayor Donchess
Of course it’s subject to approval by the committee, but that would be my recommendation. | think the
consultant agrees.
