Financial Advisory Board

Monday, January 26, 2026

6:00 PM

City of Naperville

400 S. Eagle Street

Naperville, IL 60540

http://www.naperville.il.us/

Financial Advisory Board

Meeting Minutes - Final

January 26, 2026Financial Advisory Board Meeting Minutes - Final

PUBLIC COMMENT:

Edward Harvey, Josh McBroom, Jignesh Patel, Thomas Gavin, Curtis Williams, and

Mark Gizzo

Present 6 -

Jeanine OmearaAbsent 1 -

A. CALL TO ORDER:

Chairman Edward Harvey called the meeting to order at 6:00pm.

B. ROLL CALL:

Present: Thomas Gavin, Mark Gizzo, Edward Harvey, Josh McBroom, Thomas

Gavin, Jignesh Patel, Curtis Williams

Absent: Jeanine O'Meara, Eddy Wang (student representative), and Lincoln

Park (student representative)

Also present: Raymond Munch (Finance Director), Traci Marrocco (Deputy

Finance Director), Melanie Smith (Accounting Manager), Jack Sannes

(Marquette Advisors)

C. PUBLIC FORUM:

D. REPORTS:

1. Approve the minutes of the October 27, 2025 regular meeting

October 27, 2025 Draft Meeting MinutesAttachments:

First Motion made by Mark Gizzo, seconded by Jignesh Patel. All in unanimous

favor.

The Minutes were approved.

2. Receive the 2025 4th Quarter Investment Report

City of Naperville 4Q25 Reporting PackageAttachments:

Jack Sannes reviewed Marquette Associates' 4th Quarter report. This was the

final report from Marquette as the contract was not renewed.

This Report was received.

3. Receive the 2025 year-to-date budget report through December 31, 2025

2025 YTD Budget Report Thru December 31Attachments:

Deputy Director Marrocco presented the 2025 year-to-date budget report and

discussed preliminary budget vs. actual results in the General Fund, Capital