FONDULAC DISTRICT LIBRARY

BOARD OF TRUSTEES

MINUTES OF THE REGULAR MEETING

October 26, 2009

 

                Members of the Fondulac District Library Board of Trustees met in regular session on Monday, October 26, 2009.  Vice President Lasswell called the meeting to order at 6:05 p.m. 

 

                On roll call the following members were present:  Mrs. Cole, Mrs. Herring, Mrs. Humphrey, Mr. Johnston and Mr. Lasswell.  Also present were Ms. Falasz-Peterson, Director and Mrs. Geier, Business Manager.   Nick Hulva was also in attendance.  Mr. Hale was absent.

 

                M/S/P (Johnston/Herring) to accept the minutes of the September meeting of the Board of Trustees.

 

                M/S/P (Cole/Humphrey) to accept the Treasurer’s Report and payment of bills subject to audit.

 

Treasurer’s Report:

GENERAL FUND CHECKING/INVESTMENT

09/28/09  Balance                                                                                                                             361,277.32

09/30/09  Interest 185736                                                                                                                      681.02

09/30/09  Aflac payment                                                                                                                      (229.76)

10/01/09  Checks issued – Payroll                                                                                               (23,201.58)

10/02/09  Deposit – Fines, fees, misc.                                                                                              485.44

10/06/09  Closed Region’s checking account                                                                              1,923.52

10/08/09  Deposit – Replacement tax                                                                                        20,594.51

10/09/09  Deposit – County taxes                                                                                              516,196.04

10/09/09  Deposit – Fines, fees, misc.                                                                                              211.69

10/15/09  Checks issued – Payroll                                                                                               (22,936.51)

10/15/09  Checks issued – Utilities                                                                                               (4,259.70)

10/15/09  Checks issued – NCPERS Group Life                                                                              (64.00)

10/16/09  Deposit – Fines, fees, misc.                                                                                              508.00

10/23/09  Deposit – Fines, fees, misc.                                                                                              379.71

10/26/09  Checks issued – Bills                                                                                                     (23,769.81)

10/26/09  Balance                                                                                                                             827,795.89

 

WORKING CASH FUND

09/28/09  Balance                                                                                                                             252,892.74

09/30/09  Interest 185701                                                                                                                      417.79

10/26/09  Balance                                                                                                                             253,310.53

 

RESERVE FUND

09/28/09  Balance                                                                                                                         2,325,478.69

09/30/09  Interest 185728                                                                                                                  3,841.82

10/26/09  Balance                                                                                                                         2,329,320.51

 

ENTERPRISE FUND

09/28/09  Balance                                                                                                                               36,572.94

09/30/09  Interest 185698                                                                                                                        60.18

10/23/09  Deposit – Rent                                                                                                                       250.00

10/26/09  Check issued – Bill                                                                                                           (1,107.00)       

10/26/09  Balance                                                                                                                               35,776.12

 

                Mr. Lasswell reported on the meetings he attended at ILA, during board development.

 

                Ms. Falasz-Peterson reported that she came back from the ILA conference with a lot of

new ideas

 

                Mr. Johnston reported on the East Peoria Opportunity Zone meeting he attended.

 

                Ms. Falasz-Peterson reported that we received a draft contract from PCM+d for their work on the exterior of the new library.  She has sent a copy to the attorney and architect for review.  Ms. Falasz-Peterson reminded the board not to sign a contract without the attorney’s approval.  

 

                Ms. Falasz-Peterson reported that Clifton Gunderson met all their deadlines well in advance this year.  She reported the library had an increase in net assets of $295,000 and we passed a bond referendum.  Mrs. Cole reported that the audit was an unqualified opinion and the financial statements do represent the financial position of the library in all material respects. 

M/S/P (Cole/Herring) to accept the audit.

 

M/S/P (Cole/Herring) to keep the library’s closed meeting minutes closed.

 

Mrs. Herring reported on ALS news.  Mrs. Herring congratulated the board on winning Trustee of the Year.  She suggested they visit www.saveillinoislibraries.com. 

 

There was no public participation.           

 

                Mrs. Cole made a motion to adjourn the meeting at 6:35 p.m.