Title
title
A Resolution Approving an Extension to the Employee Leasing Agreement with MGT Impact Solutions, LLC for Interim Chief Financial Officer Services from April 3, 2026 Through July 31, 2026 (Not-to-Exceed 20 Hours per Week at $134.85 per Hour) and Directing Staff to Prepare the Necessary Budget Amendment
end
Introduction
overview
This agenda item requests approval to extend Interim Chief Financial Officer consultant services through July 31, 2026 at a not-to-exceed cadence of 20 hours per week at the established rate of $134.85 per hour, to support completion of the FY2025 Audit and the Financial Strategic Plan.
end
body
Recommended Action
Adopt the Resolution.
Prior Board Action
The Board has taken the following prior action(s):
* Resolution 25-165 was approved on March 11, 2025, by the Village Board to approve an Employee Leasing Agreement with MGT, increasing the available funds and extending the term to November 20, 2026.
* Resolution 24-283 was approved on August 27, 2024, by the Village Board to amend the Employee Leasing Agreement with MGT, changing the not-to-exceed amount and extending the term.
* Resolution 24-193 was approved on April 30, 2024, by the Village Board to amend the Employee Leasing Agreement with MGT, changing the not-to-exceed amount and extending the term.
* Resolution 24-123 was approved on January 30, 2024, by the Village Board for an Employee Leasing Agreement with MGT.
Background
Staff recommend extending Financial Consultant leasing services through July 31, 2026 to complete the FY2025 Audit and the Strategic Financial Plan. Services will be limited to not-to-exceed 20 hours per week at the established rate of $134.85/hour.
Timing Considerations
Approval is requested in advance of April 3, 2026 to avoid interruption of authorized services.
Financial Impact
Funding for this extension will be charged to the Finance Department's External Support account no. 1001.41300.101.530667. Additional funds wi...
Click here for full text