Finance Committee Meeting — Minutes

MINUTES VILLAGE OF SURING FINANCE COMMITTEE MEETING MONDAY, APRIL 6, 2026 AT 1:00 PM 1. Meeting Called to Order by President Steffeck at 1:00 PM Roll Call: Kohlwey, Nieling, Schuettpelz, and Steffeck. Also present: Fire Chief Mark Zahn, Clerk-Treasurer Kim Gruetzmacher, and Deputy Clerk-Treasurer Pat Sleeter. 2. Agenda motion to approve agenda made by Nieling and second by Schuettpelz. All ayes. Motion carried. Open Meeting Notice statement made by Clerk-Treasurer. 3. Discussion and possible action on Fire Truck Financing – Motion to approve proceeding with loan from Peshtigo National Bank for purchase of Fire Truck made by Schuettpelz and second by Kohlwey. All ayes. Motion carr ied. Clerk presented list of options for financing that clerk and fire chief researched. Peshtigo National Bank offered the lowest interest rate of 4.55% with no penalties for early payoff. Fire Department will be paying for ½ of the truck up front with capital outlay money and borrow the remainder $470,000. 4. Discussion and possible action on public fire protection charge to be changed to direct bill. Motion to approve changing the municipal charge in the water tariff to direct bill made by Nieling and second by Schuettpelz. All ayes. Motion carried. Clerk presented the water tariff to the finance committee for review. Clerk contacted many local municipalities to see how their public fire protection charges are billed and all water utilities direct bill this amount instead of utilizing a municipal charge for taxes. 5. Discussion and possible action on annual fire department budget allocation – Motion for fire department allocation from the Village to remain $50,000 per prior years made by Schuettpelz and second by Kohlwey. Fire Chief stated that it is time to work on the next 3-year fire department budget. 6. Discussion and possible action on year-to-date budget review – no action taken. Committee reviewed the year to date actual numbers to budget numbers. 7. ADJOURNMENT –Motion to adjourn made by Schuettpelz and second by Nieling. All ayes. Motion carried. Meeting adjourned at 1:54 PM. Minutes prepared by Clerk-Treasurer, Kim Gruetzmacher