Peoria County Finance Audit and Legislative Affairs Committee Met April 27.
Here are the minutes provided by the committee:
| COMMITTEE
MEMBERS PRESENT: | James Fennell – Chairperson; Rachel Reliford – Vice-Chairperson, Jennifer Groves Allison, Eden Blair, Brandy Bryant, James Dillon, Betty Duncan, Kate Pastucha, Andrew Rand, Rob Reneau, Steve Rieker, Paul Rosenbohm, Phillip Salzer, Sharon Williams |
| MEMBERS ABSENT: | Linda Daley |
| STAFF PRESENT: | Scott Sorrel - County Administrator; Shauna Musselman – Asst. County Administrator; Jennie Cordis Boswell - State's Attorney's Office; Randy Brunner – Chief Financial Officer; Julie Kusturin, Paul Letcher – Finance; Nicole Bjerke – Treasurer; Rachael Parker – County Clerk; Elizabeth Crider – Regional Office of Education; Brian Asbell – Sheriff |
| VISITORS |
Chairperson Fennell called the meeting to order at 2:00 p.m.
Approval of Minutes
A motion to approve the minutes of March 23, 2021 was made by Mr. Rosenbohm and seconded by Mr. Reneau. The motion carried unanimously (14-0; Ms. Daley absent).
Informational
⮚ Monthly Financial Report
Ms. Kusturin provided an overview of financial activity through February 28, 2021, representing 16.7% of the fiscal year. Highlights include:
⮚ Property tax distributions will not be received until June 2021, quarterly grant allocations are not yet reflected in the report.
⮚ Income Tax and Personal Property Replacement Tax are trending above budget expectations.
⮚ The Leveling the Playing Field for Illinois Retail Act was implemented January 1, 2021 and the change will shift revenues from Local Use Tax to Sales Tax. Local Use Tax for January 2021 was 2% above 2020 revenues, while Sales Tax in January 2021 was 90.5% above 2020 revenues.
⮚ Supplemental Sales Tax, Public Facilities Sales Tax, and Public Safety Sales Tax all increased over 2020 numbers.
⮚ Heddington Oaks Financial Report
Mr. Letcher advised that the submitted financial report provides Heddington Oaks financial activity for the month ending February, 2021. He stated he is currently focused on reducing $2.3 million in outstanding accounts receivable through various steps, including working extensively with RSM on the Medicare bad debt project and researching a number of cases for the State’s Attorney’s Office which may lead to filings on the County’s behalf.
⮚ Heddington Oaks 2021 Financial Plan
Ms. Musselman updated activity for Quarters 1 and 2. She noted that the structure for Quarters 3 and 4 are unchanged.
Quarter 1:
• RSM project was begun to determine which Medicare accounts should be handled through the cost reporting process. Cost report for Medicaid must be filed by the end of June and cost report for Medicare must be filed by the end of July
• A goal of 10-15% collection of total AR by the end of the 1st quarter has been set
• The State’s Attorney’s Office has sent final notices to vendors with outstanding amounts, and have filed suit on non-responding vendors to seek those funds
• Working to identify outstanding Private Pay accounts
• Working with the State’s Attorney’s Office and the Coroner’s Office to identify deceased residents with open estates
Quarter 2:
• Continue work on collection process
• Continue work on cost reporting processes
Ms. Musselman thanked committee member Daley for her assistance with Medicaid Pending accounts by coordinating with the State of Illinois to ensure payment on several of those accounts.
⮚ Legislative Update
Mr. Sorrel advised that although the initial phase of American Rescue Plan Act funding is scheduled to be released by May 11, 2021, there has been no guidance or update from the U.S. Treasury Department on the timing of the release.
Mr. Sorrel advised that he is awaiting feedback from the offices of Congressman LaHood and/or Representative Bustos on community project funding opportunities submitted by Peoria County.
Mr. Sorrel advised that he continues to monitor several bills as the General Assembly moves through the legislative session.
Resolution
⮚ FY 2021 PCEA Contract Increases and Other Items Appropriation
A motion to approve was made by Ms. Reliford and seconded by Ms. Duncan. Mr. Sorrel advised that funding was appropriated in the current year spending plan for wage increases associated with the PCEA collective bargaining agreement. He stated that the action before the committee distributes the appropriation into the departmental budgets to reflect the impact on the individual budgets. He also noted that several additional appropriations not included in the FY 2021 adopted budget are also included in the appropriation amount.
The motion to approve carried unanimously (14-0; Ms. Daley absent).
Adjournment
The meeting was adjourned by Chairperson Fennell at 2:16 p.m.
https://www.peoriacounty.org/AgendaCenter/ViewFile/Minutes/_04272021-973
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