Finance and Audit Committee Meeting

Village of Colfax Finance & Audit Committee Monday, February 13, 2023 7:00 p.m. (Rathke, Norton, & Beck) AGENDA 1. Call to order. 2. Pledge of Allegiance. 3. Summary of outstanding loans and bonds for the Village of Colfax. 4. Review and discussion of the Annual Audit for 2021-2022. 5. Review of hourly rates for all Village of Colfax employees; recommendations for revision effective May 1, 2023. (New fiscal year) 6. Discussion and possible revision of Ordinance No. 2003-11 (Salaries for Board of Trustees, Mayor, Zoning Board of Appeals.); prior to April 4, 2023 election 7. Comparison of Treasurer’s Report to date (February 6, 2023) with 2022-2023 Appropriation Ordinance. 8. Observations and suggestions related to development of 2023-2024 Appropriation Ordinance. 9. Questions and observations related to monthly financial reports. 10. Review of current planned projects (sidewalks & water tower) projected costs and sources of funding. 11. Development of future major project needs for and estimated required capital outlay or next five years. 12. Additional topics. 13. Adjournment.