Maywood trustees hear finance update, advance budget items and engineering grant to Sept. 21 agenda

The Village of Maywood Committee of the Whole heard a financial report for the month ending July 31, 2021, and routed several budget and contract items to the full board for action.

Lanya Satchell, the village's director of finance, presented an overview of revenues and expenditures through July and answered trustees' questions about the operating picture for the current fiscal year. No formal budget vote was taken at the meeting; trustees agreed to refer Amendment No. 1 to the fiscal 2021/2022 budget to the Sept. 21 board meeting for formal consideration.

Trustees also reached consensus to place an independent contractor agreement for electrical inspection services on the Sept. 21 agenda and to send proposed mobile-merchant regulations to the Ordinance and Policy Committee for review. The board discussed a tentative schedule for adoption of the 2021 real-estate tax levy and the 2022/23 operating budget, with a formal adoption process to follow statutory notice and hearing requirements.

In old-business items, the board noted a pending Cook County Class 7C property tax incentive designation for property commonly known as 1215 S. 1st Avenue (Little Bear Holdings, LLC) that Mayor Nathaniel George Booker said will appear on an October agenda for possible action. Engineer William Peterhansen described a separate Invest in Cook/Connecting Cook County grant the Village is accepting for Phase II engineering for street improvements on 19th Avenue; the grant award was listed at $193,000.

Trustees approved the minutes of the Aug. 3 meeting on a motion by Trustee Melvin L. Lightford Sr., seconded by Trustee Isiah Brandon; the vote was recorded as Aye with Trustee A. Peppers absent. Later in the evening the board recessed into closed session to discuss personnel matters under 5 ILCS 120/2(c)(1) and then reconvened and adjourned at 10:32 p.m.

The items referred to Sept. 21 will return to the full board for potential formal action, including the budget amendment and the electrical inspection contract.