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Shorewood police pension trustees accept financial report, approve two vendor payments
Summary
At a brief Feb. 6 meeting, Shorewood Police Department Pension Fund trustees accepted a financial report showing a fund value of $25,776,846.01 and approved payments of $300 to Reimer, Dobrovolny & Associates and $2,649 to Alliant for fiduciary insurance.
Shorewood Police Department Pension Fund trustees on Feb. 6 accepted the financial report from Lauterbach and Amen and approved two vendor payments during a meeting that lasted roughly five minutes.
The transcript records the fund value: "Fund value as of November 30th, 2024: $25,776,846.01." Trustees then approved a $300 payment for invoice 31290 to Reimer, Dobrovolny and Associates (quarterly retainer) and a $2,649.00 payment to Alliant for the fund's fiduciary liability insurance premium. Motions were made and seconded and the roll-call votes were recorded as Hanley—yea; Hertzman—yea; Drey—yea; Butcher—yea.
