Gurnee officials review audit, personnel policies
BY ED COLLINS Special to The News-Sun October 16, 2012 6:40PM
Updated: November 18, 2012 6:46AM
Gurnee trustees reviewed the results of a favorable recent fiscal audit and updated its staff personnel policies on Monday night.
Finance Director Diane Lembesis had good news for trustees by announcing the village balanced its 2011-12 fiscal budget this past year as indicated by results of an independent audit.
“We broke even and that’s exactly where we should be as a municipality,” she said.
The fiscal year that ended April 30, realized $44 million in revenues and $44 million in expenditures, Lembesis said.
The village’s General Fund, it’s largest that occupies two-thirds of the total budget, had revenues of $34.9 million and expenses of $31.3, showing a $3.6 million surplus.
Sixty-nine percent of the General Fund’s revenues are derived from local taxes, Lembesis said. Most of the fund’s expenditures pay for police, fire and other public safety services.
Under personnel policies, Christine Palmieri, director of human resources, presented trustees with an updated policy manual, based on various legal and recent state-mandated personnel requirements. With just a few questions, the board approved the changes.
The board also approved three petitions from Mayor Kristina Kovarik proclaiming Oct. 21-27 as National Save for Retirement Week; Oct. 23-31 as National Red Ribbon Week; and reminding residents to reset their clocks back one hour on Sunday, Nov. 4, for a return to Central Standard Time.
The board will next meet as a committee of the whole Oct. 22 at 7:30 p.m. to consider a request for funds from the Lake County Chamber of Commerce.