Finance Committee Minutes 25-3-3FINANCE COMMITTEE MEETING
MONDAY, MARCH 3, 2025
HYBRID MEETING; IN-PERSON AND ON TEAMS
Finance Committee Meeting, March 3, 2025 1 | 2
1. ROLL CALL
Present in Person: Committee members John Widerman, Lisa Post, Markian Fedeschuk, Steve Coyer
and Councilor Kevin Hyatt.
Absent: Councilor Lindsay Hardy, Committee Member Clark Rogers
Staff: Town Manager Eric Heil (arrived a few minutes late), Deputy Town Manager Patty McKenny, Chief
Financial Officer Paul Redmond, Finance Manager Joel McCracken, Financial Analyst Chase Simmons,
as Secretary.
The meeting was called to order at 12:00 p.m.
2. APPROVAL OF SEPTEMBER 16TH, 2024 MINUTES
Committee member Lisa Post moved to approve the minutes. Committee member Steve Coyer
seconded that motion and it passed 4 to 0.
3. PUBLIC COMMENT
There was no public comment.
4. APPOINTMENT OF COMMITTEE CHAIRPERSON (CFO PAUL REDMOND)
Chief Financial Officer Paul Redmond asked for those Committee Members interested in serving
as the Chairperson and Vice Chairperson for the Finance Committee. John Widerman will serve
as Chairperson and Steve Coyer as Vice Chairperson.
5. DISCUSSION: ECONOMIC & PLANNING SYSTEMS, INC(EPS) – FISCAL ANALYSIS REPORT (CFO PAUL
REDMOND)
Chief Financial Officer Paul Redmond discussed the proposed scope of work for the 2025 Fiscal
Analysis Report. The discussion centered around the Village at Avon and its projected growth in
terms of providing the proper service levels. Town Manager Eric Heil and Chief Finance Officer
will speak with EPS about a separate report regarding the costs and benefits of the Village at Avon
compared to the Town of Avon. Paul Redmond also discussed the scope of work to analyze the
spending at retail and restaurant establishments and what type of patrons contribute to this
spending. This would help determine how the tax revenues that fund municipal services are related.
6. NEXT COMMITTEE MEETING DATE
Monday, May 5th at 12:00 p.m. The agenda will include the Recreation Center improvements and
aspects of the multi-year budget.
7. ADJOURNMENT
Committee Chair John Widerman moved to adjourn the meeting. Committee member Lisa Post
seconded that motion and the meeting adjourned, the time was 1:50 p.m.
Respectfully Submitted by:
Paul Redmond, Chief Finance Officer.
These minutes are action minutes and only a summary of the proceedings of the meeting. They are not intended to be
comprehensive or to include each statement, person speaking or to portray with complete accuracy.