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| | | | Meeting convened at 1:32 p.m. | | | |
Roll call
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Video
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| | | | Also present:
Minutes note: Dennis Yaccarino, Budget & Management Director
Aycha Sawa, Comptroller
Dana Zelazny, Legislative Reference Bureau | | | |
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Not available
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200001
| 0 | 1. | Budget | Communication from the Mayor relating to the proposed 2021 budget.
Minutes note: -Employee Retirement System
Appearing:
Molly King, Budget Office
Bernard Jerry Allen, Employee's Retirement System
Pat Beckham, Cavanaugh Macdonald Consulting
Larry Langer, Cavanaugh Macdonald Consulting
An Employee's Retirement System Overview presentation as given as follows:
Budget Data, Pension Fund Performance as of January 1, 2020, Changes to 2019 Plan Reset, 2021 Pension Contribution, Employer Pension Contributions Trends 2010-2021, Future Pension Contribution Outlook, Employer Contributions, General Pension Statistics, Fund Value of Assets: 2007 - June 30, 2020, Change in Funded Ratio, CMERS Investment Performance History Periods Ending August 31, 2020, Active Management versus Passive Analysis, Rolling Fund Returns 1979-2019, ERS 20 Year Rolling Avg. Investment Returns 1978-2019, Allocation of 2020 Contribution to Agencies for Combined Fund, ERS Contributions, Employer Normal Cost Rate, Summary of December 31, 2019 Valuation Results, Projections, Actuarially Determined Employer Contribution, CMERS Participant Headcount, Total Annual Member Contributions, Annual Member Contributions | NOT ACTED ON | | |
Action details
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Video
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200001
| 0 | | Budget | Communication from the Mayor relating to the proposed 2021 budget.
Minutes note: -Mayor’s Office
Appearing:
Thomas Bell, Budget Office
Paul Vornholt, Mayor's Office
A Mayor's Office Overview presentation was given as follows:
Budget Summary, Budget & Service Changes
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Action details
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Video
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200001
| 0 | | Budget | Communication from the Mayor relating to the proposed 2021 budget.
Minutes note: -Municipal Court
Appearing:
Thomas Bell, Budget Office
Sheldyn Himle, Municipal Court
Derek Mosley, Municipal Court
Sue Eckhart, JusticePoint
A Municipal Court Overview presentation was given as follows:
Community Goals & Objectives, Performance Measures, 2021 Budget Summary, Special Purpose Accounts, Revenues, Municipal Court Cases & Revenue, Budget Changes | NOT ACTED ON | | |
Action details
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Video
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200001
| 0 | | Budget | Communication from the Mayor relating to the proposed 2021 budget.
Minutes note: -Deferred Compensation
Appearing:
Nicholas Sinram, Budget Office
Beth Conradson-Cleary, Deferred Compensation
A Deferred Compensation Overview presentation was given as follows:
Mission Statement, Objectives & Strategies of the DCP, 2021 Budget Summary, Deferred Compensation Plan Assets in Millions, Deferred Compensation Plan Participants, Summary Plan Data, Recent Accomplishments, Financial Wellness Seminars, Awards, Review of Plan Design Changes, Measuring Results, Gender Analysis, Race Analysis, Asset Allocation Impact, 2021 Plan Goals | NOT ACTED ON | | |
Action details
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Video
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200001
| 0 | | Budget | Communication from the Mayor relating to the proposed 2021 budget. | HELD TO CALL OF THE CHAIR | Pass | 5:0 |
Action details
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| | | | Meeting adjourned at 4:58 p.m.
Chris Lee, Staff Assistant
Council Records Section
City Clerk's Office | | | |
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| | | | This meeting can be viewed in its entirety through the City's Legislative Research Center at http://milwaukee.legistar.com/calendar. | | | |
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