Finance and Audit Committee Meeting Agenda
VILLAGE OF COLFAX
FINANCE AND AUDIT COMMITTEE MEETING
Monday, March 30, 2026
7:00 p.m.
(Norton, Edwards and McCarty)
AGENDA
1. Call to order.
2. Pledge of Allegiance.
3. Review of 2025-2026 Appropriation Balances.
4. Examination of proposed 2026-2027 Appropriation Ordinance.
5. Review of current debt structure and payment schedule.
6. Update on overtime costs.
7. Review of Business Development District (BDD) revenue to be generated in 2026-2027.
8. Review of BDD Regulations/Guidelines.
9. Initial discussion on establishing goals and usage of BDD funds.
10.Identification of key projects over the next year, two years.
11.Discussion of the use of bonds as means to achieve some important projects, reviewing presentation by Kevin Wills of Bernardi Securities.
12. Sharing information about meeting with Farnsworth Group and possible funding for special water and sewer projects.
13.Ideas for the property at 305 E. Cooper Street.
14.Thoughts for the property at 104 and 106 East Fifer Street.
15.Additional topics
16.Adjournment.