2020 Board of Audit/Budget
The Lake Mary Township Board of Audit/Budget meeting was called to order by Chairman, James Schmidt, with the pledge to the flag at 7:00 pm.
Members present: Supervisors: James Schmidt, Donna Hoeper, and Pete Fernholz;
Clerk, Sue Hanson, and Treasurer, Christy Tvrdik.
James Schmidt stated that we are here to act as the Board of Audit, review the financial books of the township for 2019, go over the budget, and set the proposed tax levies for 2021. James Schmidt also stated that the Supervisors review and approve claims submitted for payment each month during the year.
A motion was made by James Schmidt to review every tenth check ending with the number 5, Pete Fernholz 2nd. Motion carried 3-0. The Board went through the 2019 disbursement register for all the funds from the financial documents of the clerk and treasurer's financial records, reviewing each disbursement that ended with the number 5 and compared.
A motion was made by James Schmidt that the Town Board, acting as the Board of Audit, approve the verification of the checks and the audit of the 2019 clerk and treasurer’s financial records, finding everything was present and accounted for, there were no discrepancies found, 2nd by Pete Fernholz. Motion carried 3-0
The 2021 budget was reviewed and discussed. The proposed Levy amount for 2021 was $365,299.00.
A motion was made by James Schmidt to accept the proposed budget and levy for 2021 of $365,299, this does not include the amount for the Alexandria Lakes Area Sewer District (ALASD) sewer bond and interest, which will be set by ALASD in September when they do their budget, 2nd by Pete Fernholz. Motion carried 3-0.
A motion was made by James Schmidt to adjourn the meeting at 8:47 pm, 2nd by Donna Hoeper. Motion carried 3-0.
Respectfully Submitted,
Sue Hanson, Clerk _________________________________________________
James Schmidt, Chairman ___________________________________________