The village of Algonquin Police Pension Board met Oct. 26 to approve a tax levy.
Here is the meeting's agenda, as provided by the board:
I. Call to Order, Roll Call, and Establish Quorum
II. Adopt Agenda
III. Public Comment
IV. Approval of Minutes
a. Police Pension Board Regular Meeting on July 27, 2016
V. Appointments
a. None
VI. Consultant’s Report
a. Fixed Income Advisor – Segall Bryant
b. Third Quarter Review – Graystone Consulting
c. New Money Investments
d. Review Investment Policy
e. Review Internal Control Documentation
VII. Village Treasurer’s Report
a. Financial Report for July 2016 to September 2016
VIII. Approval of Bills
a. July – September 2016 in the amount of $268,774.43
IX. Request for Benefits
a. Consider Annuitant Increases
b. Application for disability – Charles Gibellina
X. Closed Session (if necessary)
XI. New Business
a. Approval of 2016 Actuary Report
b. Approval of 2016 Tax Levy Recommendation
c. Review Illinois Department of Insurance Report
d. Consider Fee Increase for Recording Secretary
XII. Old Business
XIII. Training
XIV. Next Quarterly Meeting
XV. Adjournment