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Finance Committee
Agendas & Minutes
Agendas are available prior to the meetings. Minutes are available following approval.
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Glenn C. Truesdell
Finance Committee Chair & Insurance Committee ChairPhone: 815-441-46441008 Hermes Drive
Rock Falls, IL 61071Term 26
Party Affiliation: Democrat
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Sally Douglas
Phone: 815-499-1115308 S Main
Coleta, IL 61081Term 24
Party Affiliation: Republican
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Daniel Bitler
Phone: 309-887-4117608 Sycamore Street
Albany, IL 61230Term 24
Party Affiliation: Democrat
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Michael J. Clark
Phone: 815-973-35722004 3rd Avenue, Apartment 4A
Sterling, IL 61081Term 24
Party Affiliation: Republican
Overview
The finance committee's duties are as follows:
- In terms of budget-building, accountability reporting, and chain of communication to the Board, serves as the Parent Committee to the Treasurer and the Economic Development Office.
- Under the general direction of the Executive Committee, serves as the budget committee. It shall direct the county administrator in the County's budget-building process. Through dialogue, study, and analysis, it shall prepare a proposed annual budget and appropriations resolution and a proposed levy ordinance. It shall ensure these instruments are presented to the Board no later than its regular meeting in October, for action at its regular meeting in November.
- Considers and refers to the Board, as required, re-appropriation resolutions during the course of the fiscal year for the uninterrupted conduct of county business.
- Reviews claim for Board allowances and reimbursements for travel expenses to ensure compliance with these By-Laws. May reject any expenditure which it deems not connected with county business and is further authorized to reject any unreasonable expenditure even though made in connection with county business.
- Reviews fund status reports of certain appropriated funds, as prepared by the county administrator.
- Periodically reviews policies regarding the annual audit.
- Recommends to the Board a credentialed accounting firm for the performance of the annual audit of County funds by the September meeting of the Board.
- Directs the county administrator in implementing recommendations in the annual audit report.
- Presents to the Board such resolutions as may be required in the matter of tax anticipation warrants, as necessary, and to ensure proper procedures are followed.
- Directs the county administrator in assuring the County is adequately insured against major loss and liability.
- With advice from the Insurance Advisory Committee, advises and directs the county administrator in contracting for the County's health and life insurance products for the County's employees.
- Reviews and approves/denies contingency claims.
- Performs other general duties of the Finance Committee as described in the County Code.