Finance Committee Wednesday, March 26, 2025 05:15 PM City Hall Back Meeting Room, 100 E Fountain St, Dodgeville, WI

I.CALL TO ORDER AND ROLL CALL

II.APPROVAL OF MINUTES

1. 1.Approval of Minutes from December 10, 2024.

• Finance Committee Minutes 12-10-2024.pdf (0.03 MB)

III.NEW BUSINESS

1. 2.Treasurer's Report

2. 3.Discussion and possible action to update the City's Financial Policies to include but is not limited to:  Investing, Fund Balance, Debt Management, Capitalization/Asset Valuation, and Budgeting.

3. 4.Discussion and possible action to develop the 2026 budget process and timeline.  

4. 5.Discussion and possible action to approve the City's Financial Management Plan and recommend adoption by the full City Council. 

• Dodgeville 2024 Financial Management Plan 3.2.25.pdf (2.37 MB)

5. 6.Discussion and possible action to approve Journal entries November 2024 through February 2025.

• Nov 2024 to Feb 2025 Manual Journal Entries.pdf (0.52 MB)

6. 7.Discussion and possible action to approve November 2024 through February 2025 financial reports.

• 2024 Preliminary YE Revenues & Expenses Compared to Budget.pdf (0.20 MB)
• Jan & Feb 2025 Revenues & Expenses Compared to Budget.pdf (0.17 MB)
• Combined Cash Nov 24 to Feb 25.pdf (0.03 MB)
• Feb 2025 Balance Sheet.pdf (0.05 MB)

7. 8.Discussion and possible action to approve November 2024 through February 2025 utility reports and financials.

• 11.1-11.30 BILLING AND USAGE SUMMARY.pdf (0.11 MB)
• 11.1.-11.30 MONTHLY ADJUSTMENTS.pdf (0.10 MB)
• 12.1.24-12.31.24 Billing and Usage.pdf (0.11 MB)
• 12.31.24 Monthly Adjustments.pdf (0.10 MB)
• Billing and Usage Summary 1.31.25.pdf (0.11 MB)
• Monthly Adjustments 1.31.25.pdf (0.10 MB)
• Billing and Usage Summary 2.28.25.pdf (0.11 MB)
• Monthly Adjustments 2.28.25.pdf (0.10 MB)

IV.ADJOURN

1. 9.Motion to Adjourn