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FINANCE & INSURANCE COMMITTEE REGULAR MEETING MINUTES FROM APRIL 28 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 & Wolfe . ABSENT: Lesperance OTHERS PRESENT: Mayor Genisot , City Treasurer/Finance Director Miller , Alderperson Mikutowski . 2. Approval of minutes. Alderperson s Skorik moved/ Keller seconded and all concurred , to approve , as presented , the special Finance and Insurance Committee meeting minutes from April 8 th , 2026 . 3 . Approval of March Monthly Expenditures. Alderpersons Wolfe moved/ Skorik seconded and all concurred, to recommend the Common Council approve March 202 6 expenditures. 4. March 20 2 6 budget report. Alderpersons Skorik moved/ Wolfe 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 March 20 2 6 . 5. Discussion and possible recommendation to Common C ouncil regarding MC & E proposal for fiber install from Armory to County hub on Wells Street. The Finance committee discussed the options for fiber and feel the best and safest approach would be underground construction of the fiber optic cable. C ity Treasurer/Finance Director Miller is proposing the funds be taken out of the balance from the ARPA fund which currently has $73,000 in interest. Alderpersons Wolfe moved/ Skorik seconded and all concurred, to recommend the Common Council approve the proposal from MC & E for fiber install from Armory to County hub on Wells Stree t and bring back a formal bid for the construction of the underground fiber optic cable to the Finance & Insurance committee for approval and recommendation to the Common C ouncil t o consider. 6. Discussion and possible recommendation to council Opioid funding. City Treasurer/Finance Director Miller distributed a summary of how th e Opio id Remediation funds can be used . The committee discussed community needs for education and other services that may benefit from a portion of the funds. No action was taken on the agenda item. 7. Topics or items for next meeting agenda. None requested. 8. Adjournment. Alderpersons Sk orik moved/ Keller seconded and all c oncurr ed to adjourn at 0 4: 18 p.m. Lana Bero , City Clerk (The next regularly scheduled Fin ance & Ins urance Committee meeting is scheduled for Tuesday Ma y 1 9 th , 20 2 6 @ 4 :0 0 PM in the Common Council Chambers)