The village of Highwood Police Pension Board met Oct. 13 to recommend a tax levy.
Here is the meeting's agenda, as provided by the board:
The Highwood Police Department provides a wide range of services to the community. The Department is staffed by 13 full-time and 15 part-time State certified police officers. In addition to sworn police personnel, the department employs records personnel, community service personnel and school crossing guards.
NOTICE OF QUARTERLY MEETING OF THE BOARD OF TRUSTEES
OF THE HIGHWOOD POLICE PENSION FUND
The Board of Trustees of the Highwood Police Pension Fund of the City of Highwood will conduct a quarterly meeting on
Thursday, October 13, 2016 at 9:30 a.m. at City Hall, 17 Highwood Avenue, Highwood, Illinois for the purposes set forth
in the following agenda:
I. CALL TO ORDER
II. ROLL CALL
III. PUBLIC COMMENT
IV. APPROVAL OF MINUTES
A. Review and approval of minutes from meetings held on October 1, 2015 and January 14, 2016
B. Six-month review of closed minutes and determination of whether any may be released
V. TREASURER’S/INVESTMENT REPORT
A. Investment report from Sawyer Falduto
i. Review of quarterly investment report
ii. Review of asset allocation targets and ranges and adjustment of investment policy
B. Treasurer’s report from Sikich
i. Review of quarterly accounting statement
ii. Bills for approval
VI. COMMUNICATIONS AND SPECIAL REPORTS/PRESENTATIONS
VII. CONSIDERATION OF AND ACTION UPON APPLICANTS FOR ADMISSIONS TO AND/OR
WITHDRAW OF MEMBERS FROM FUND
A. O’Connell transfer status
B. Blistein transfer status
C. Status of disability application for Joe Seinitz
D. Olshefke - Status of over charge
VIII. UNFINISHED BUSINESS
A. Status of DOI Annual Statement, actuarial study and City audit
B. PPRT issue with City
C. Status of Annual affidavits for pensioners (received Gary Smith, Karen Curly & Laura Gaylord)
D. Ugolini benefit issue
IX. NEW BUSINESS
A. Review of the actuarial valuation (Todd Schroeder, Lauterbach & Amen)
B. Tax levy recommendation and certification of Municipal Compliance Report
B. IPPFA conference registration for 2017
C. Approval of the 2017 pension benefits
D. 2017 quarterly meeting dates- 01.12.17, 04.13.17, 07.13.17, 10.12.17
X. TRAINING
A. Training updates on state and national pension legal issues
B. Status of trustee training hours
C. 2016 Fall Conference expense reports- approval for reimbursement
D. Next year’s training and possible carryover of training hours (DOI guidance)
XI. CLOSED SESSION (if needed)
XII. ADJOURNMENT
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