Finance and Technology Committee Meeting September 3rd, 2024

Call to order 7:00pm

Trustee roll call: Schaul, Zaute, Hayes

No public comment.

New Business

IGA: communications and zoom meeting reviewed discrepancies between the Village-provided draft and preceding discussions and agreement. Expectation is to receive an updated draft week of 9/9 or later, which would not be in time for September board meeting.

Budget Discussions

HR recommendations, Interim director and compensation, library director staffing firm were discussed.

FY 25-26 Budget

Timeline and important dates for Finance and Technology committee considerations provided by Director Grassi.

Discussion of Levy and plan forward.

Director Grassi encouraged prioritization of Building, Technology, Staff, e-books.

Truth in Taxation procedures were discussed; requisite if Levy request exceeds 5%.

Director Grassi will provide 3 scenarios: 5%, and two pro forma scenarios

Library Foundation

Will provide matching funds for accessibility grant improvements.

Friends of the Library: donated $5k to matching funds for accessibility grant and donated $5k for strategic planning

Motion to Adjourn

Zaute, Second: Schaul at 8:12pm