Financial Advisory Board — Naperville, IL
Date: 2020-10-27

400 S. Eagle Street
 City of Naperville Naperville, IL 60540



 Meeting Agenda

 Financial Advisory Board

Tuesday, October 27, 2020 6:00 PM Held on Zoom due to COVID-19



CITY OF NAPERVILLE PUBLIC MEETINGS UPDATE:
Pursuant to Section 120/7(e) of the Illinois Open Meetings Act, the continuation of the Governor’s
disaster proclamation, and Mayor Chirico’s executive order determining that in-person public
meetings are not currently practical or prudent because of the Covid-19 pandemic, we are
holding this Financial Advisory Board meeting remotely.

The board members and staff participating this meeting will all be different locations in
accordance with social distancing guidelines, and steps have been taken to ensure that the
board members can hear one another and all discussion and testimony. The public has been
provided notice of alternative means of access to the meeting so they are able to
contemporaneously hear all discussion, testimony and votes. All votes shall be taken by roll call.
The means by which the public may watch, listen, and/or participate in the meeting are described
below.

TO JOIN A MEETING:
The meeting will be conducted using the Zoom Video Conferencing. You do not need to
download any software or create an account to participate.

To login on your computer or iPad:
Click the link to join the webinar, the password is provided on this agenda. Once connected, if
you choose to speak, click the “Raise Hand” button at the bottom of Zoom screen and wait for the
Chairman to recognize you. When it is your turn to speak, you will be unmuted. There will be a few
second delay after you are unmuted until your mic will be live. Please identify yourself for the
public record and speak clearly.

To login on your phone:
For iPhones, use the iPhone one-tap number provided on this agenda.
For telephones, dial one of the numbers provided and join the meeting by using meeting ID and
password provided on this agenda.

Once connected to the meeting, press *9 to “raise your hand” and wait for the Chairman to
recognize you. When it is your turn to speak, you will be unmuted. There will be a few second
delay after you are unmuted until your mic will be live. Please identify yourself for the public record
and speak clearly.




City of Naperville Page 1 Printed on 10/23/2020
Financial Advisory Board Meeting Agenda October 27, 2020



Join from a PC, Mac, iPad, iPhone or Android device:
  Please click this URL to join. https://zoom.us/j/94256048911?
pwd=TDlUbjUzNk5GUlVhdFpMekhpQ0FSdz09
  Passcode: 645540

Or join by phone:
  Dial(for higher quality, dial a number based on your current location):
 US: +1 312 626 6799 or +1 929 205 6099 or +1 301 715 8592 or +1 669 900 6833 or +1
253 215 8782 or +1 346 248 7799
  Webinar ID: 942 5604 8911
  Passcode: 645540
  International numbers available: https://zoom.us/u/azi9yyYev

A. CALL TO ORDER:

B. ROLL CALL:

C. PUBLIC FORUM:

D. REPORTS:

E. NEW BUSINESS:
 20-1191 Approval of the July 27, 202020 Meeting Minutes

 20-1193 Receive the 2020 Third Quarter Investment Report

 20-1192 Receive the Nine-Month Financial Report

 20-1194 Receive the 2021 Annual Operating Budget


F. OLD BUSINESS:

G. ADJOURNMENT:
 Any individual with a disability requesting a reasonable accommodation in order to
 participate in a public meeting should contact the Communications Department at least
 48 hours in advance of the scheduled meeting. The Communications Department can
 be reached in person at 400 S. Eagle Street, Naperville, IL., via telephone at
 630-420-6707 or 630-305-5205 (TDD) or via e-mail at info@naperville.il.us. Every effort
 will be made to allow for meeting participation.




City of Naperville Page 2 Printed on 10/23/2020

City of Naperville

 400 S. Eagle Street
 Naperville, IL 60540




 Meeting Minutes

  Tuesday, October 27, 2020

 6:00 PM



Held on Zoom due to COVID-19



Financial Advisory Board
Financial Advisory Board Meeting Minutes October 27, 2020


CITY OF NAPERVILLE PUBLIC MEETINGS UPDATE:
Pursuant to Section 120/7(e) of the Illinois Open Meetings Act, the continuation of the Governor’s
disaster proclamation, and Mayor Chirico’s executive order determining that in-person public
meetings are not currently practical or prudent because of the Covid-19 pandemic, we are
holding this Financial Advisory Board meeting remotely.

The board members and staff participating this meeting will all be different locations in
accordance with social distancing guidelines, and steps have been taken to ensure that the
board members can hear one another and all discussion and testimony. The public has been
provided notice of alternative means of access to the meeting so they are able to
contemporaneously hear all discussion, testimony and votes. All votes shall be taken by roll call.
The means by which the public may watch, listen, and/or participate in the meeting are described
below.

TO JOIN A MEETING:
The meeting will be conducted using the Zoom Video Conferencing. You do not need to
download any software or create an account to participate.

To login on your computer or iPad:
Click the link to join the webinar, the password is provided on this agenda. Once connected, if
you choose to speak, click the “Raise Hand” button at the bottom of Zoom screen and wait for the
Chairman to recognize you. When it is your turn to speak, you will be unmuted. There will be a few
second delay after you are unmuted until your mic will be live. Please identify yourself for the
public record and speak clearly.

To login on your phone:
For iPhones, use the iPhone one-tap number provided on this agenda.
For telephones, dial one of the numbers provided and join the meeting by using meeting ID and
password provided on this agenda.

Once connected to the meeting, press *9 to “raise your hand” and wait for the Chairman to
recognize you. When it is your turn to speak, you will be unmuted. There will be a few second
delay after you are unmuted until your mic will be live. Please identify yourself for the public record
and speak clearly.




City of Naperville Page 1 Printed on 11/20/2020
Financial Advisory Board Meeting Minutes October 27, 2020

Join from a PC, Mac, iPad, iPhone or Android device:
  Please click this URL to join. https://zoom.us/j/94256048911?
pwd=TDlUbjUzNk5GUlVhdFpMekhpQ0FSdz09
  Passcode: 645540

Or join by phone:
  Dial(for higher quality, dial a number based on your current location):
 US: +1 312 626 6799 or +1 929 205 6099 or +1 301 715 8592 or +1 669 900 6833 or +1
253 215 8782 or +1 346 248 7799
  Webinar ID: 942 5604 8911
  Passcode: 645540
  International numbers available: https://zoom.us/u/azi9yyYev

A. CALL TO ORDER:

B. ROLL CALL:

C. PUBLIC FORUM:

D. REPORTS:

 Receive the Nine-Month Financial Report
 Attachments: 2020 - P09 Budget Report
 October Financial Report


 Approval of the July 27, 202020 Meeting Minutes
 Attachments: 7.27.2020 minutes


 Receive the 2020 Third Quarter Investment Report
 Attachments: 3Q City of Naperville - Full Report


 Receive the 2021 Annual Operating Budget
 Attachments: 2021 Budget Submittal Letter
 2021 Budget Highlights
 2021 Revenue and Expenditure Summary


G. ADJOURNMENT:




City of Naperville Page 2 Printed on 11/20/2020