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FINANCE & INSURANCE COMMITTEE REGULAR MEETING MINUTES FROM MAY 19 th , 20 2 6 Cc: Committee members; Mayor, Finance Director, City Clerk & Council Packet. Finance & Insurance Committee meeting minutes Page 1 of 1 Committee Chairperson Kowalski called the regular City of Marinette Finance & Insurance Committee meeting to order at 0 4 :0 0 PM in Marinette City Hall Common Council Chambers, 1905 Hall Ave., Marinette WI . 1. Upon a call of the roll it was determined a quorum of Committee members were present and the following attendance was recorded: MEMBERS PRESENT: Alderpersons Kowalski, Skorik, Keller , Lesperance & Wolfe . ABSENT: OTHERS PRESENT: Mayor Genisot , City Treasurer/Finance Director Miller , Brian Klumb, Alderperson Mikutowski , Karban & Demmith. 2. Approval of minutes. Alderperson s Wolfe moved/ Skorik seconded and all concurred , to approve , as presented , the special Finance and Insurance Committee meeting minutes from April 2 8 th , 2026 . 3 . Approval of April Monthly Expenditures. Alderpersons Skorik moved/ Wolfe seconded and all concurred, to recommend the Common Council approve April 202 6 expenditures. 4. April 20 2 6 budget report. Alderpersons Lesperance moved/ Keller seconded and all c oncurr ed , to accept , as presented , City of Marinette ’s City Treasurer ’s year-to-date CY20 2 6 budget report reflecting expenditures & revenues through April 20 2 6 . 5. Update on Workers Compensation by Brian Klumb, EMC Insurance. Brian Klumb, Marinette Insurance & Financial Services distributed the dividend for the City of Marinette for 202 5 Workman ’s Compensation stating the dividend is one highest since 2019 when the on-call nurse program was implemented , Klumb also distributed a C ommercial Experience Report stating 2026 is heading in the right direction and the dividend could possibly be higher with a projected lower Experience Modification Factor (MOD). Klumb stated the on-call nurse program is working well due to the quick reporting of injuries and thanked the Mayor and Department heads for their effort in the efficient reporting, 6. Topics or items for next meeting agenda. None requested. 7. Adjournment. Alderpersons Wolf moved/ Skorik seconded and all c oncurr ed to adjourn at 0 4: 1 1 p.m. Lana Bero , City Clerk (The next regularly scheduled Fin ance & Ins urance Committee meeting is scheduled for Tuesday June 1 6 th , 20 2 6 @ 4 :0 0 PM in the Common Council Chambers)