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Kane County Reporter

Sunday, November 24, 2024

Algonquin Police Pension Board approves tax levy

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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

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