The Committee on Accounts, Enrollment and Revenue Administration voted to accept an update on the city's revolving loan fund and to accept several routine finance reports at a special meeting. Motions to accept the items passed by voice vote with the committee chair calling for ayes.

A staff member updating the committee said a loan — loan number 6844 Elm Street — was paid in full recently and that two new loans (referred to as loans 8 and 9) under MDC were issued this month. The committee recorded a motion to accept the revolving loan fund update moved by Alderman Vincent and seconded by Alderman Sapienza; the chair then called for the ayes and declared the motion approved.

Kim LeBlanc, Financial Analyst II in the Finance Department, submitted reports on accounts receivable over 90 days, the agent report and outstanding receivables. The committee approved those reports on a motion by Alderman O'Neill, seconded by Alderman Vincent.

Sharon Wickens, the city's finance officer, presented the city's monthly unaudited financial report for the first month of FY26. The committee voted to accept the unaudited monthly report on a motion by Alderman Sapienza, seconded by Alderman Vincent.

Votes at a glance:
• Item 2 — Revolving loan fund update: Motion to accept by Alderman Vincent; second by Alderman Sapienza; outcome: approved by voice vote.
• Item 3 — Accounts receivable over-90-days, agent report and outstanding receivables (submitted by Kim LeBlanc): Motion to approve by Alderman O'Neill; second by Alderman Vincent; outcome: approved by voice vote.
• Item 4 — Monthly unaudited financial report for the first month of FY26 (submitted by Sharon Wickens): Motion to accept by Alderman Sapienza; second by Alderman Vincent; outcome: approved by voice vote.

The votes were recorded by voice; no roll-call tallies were provided in the meeting transcript. No amendments or additional follow-up tasks were recorded during the meeting for these items.