HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 03-17-08
Central Contra Costa Sanitary District
5019 Imlloff Place, Martlllez, CA 94553-4392 (925) 228-9500 . wwwcentralsan org
BUDGET AND FINANCE COMMITTEE
ACTION SUMMARY
Chair Lucey (Alternate)
Member Nejedly
Monday, March 17,2008
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
PRESENT: Jerry Lucey, Jim Nejedly, Jim Kelly, Randy Musgraves, Ann Farrell, Debbie
Ratcliff
1. CALL MEETING TO ORDER
Acting Chair Lucey called the meeting to order at 3 p.m.
2. PUBLIC COMMENTS
None.
3. OLD BUSINESS
None.
4. CLAIMS MANAGEMENT
a. Claim Settlement - Bill Schrupp
A settlement of $25, 000 was processed for Bill Schrupp due to an
overflow in his home. The settlement is under the authority of the
General Manager.
COMMITTEE ACTION: President Lucey will call Mr. Schrupp to
ensure that the claim was handled satisfactorily.
A
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Budget and Finance Committee
March 17, 2008
Page 2
5. REPORTS/ANNOUNCEMENTS
a. Proposed 2008-09 increase for Capacity Fees and revision of
Environmental and Development-Related Rates and Charges.
COMMITTEE ACTION: This item will be held over until the next
Budget and Finance Committee meeting.
b. KB Homes Update
COMMITTEE ACTION: KB Homes has contested a charge from the
District that was a correction on a prior charge. A decision was
made by staff to deny any further permits until the charge was paid.
KB Home's attorney has contacted the District's attorney who will
respond by the end of this week providing District Code information.
The Committee recommended this matter be brought to the full
Board to consider initiation of litigation.
c. Ad Valorem Tax Issue Update
COMMITTEE ACTION: Director of Engineering Ann Farrell reported
that the CASA Legislative Committee meeting discussed the
proposed taking of the ad valorem tax. There is a SO/50 chance that
the District will lose up to 70% of its ad valorem tax in the 2008-2009
fiscal year. This will take a 2/3 majority vote of both State houses. A
State budget will not likely be approved until October or November,
by which time staff should have more information regarding the
amount and timing of the tax shift. No action was taken at this time.
d. Annual Deferred Compensation Report
COMMITTEE ACTION: Staff reviewed the report and the Committee
recommended Board approval.
e. Update on GASB 45 trust options (standing item)
COMMITTEE ACTION: At the last Committee meeting, staff was
asked to research an additional bank option. Wells Fargo, which has
the largest Trust Department, was reviewed. It appears that the
research regarding the establishment of a GASS 45 trust is
narrowing to an administered public sector group, PARS, and a
District-managed trust using US Bank. No Committee action was
taken.
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Budget and Finance Committee
March 17. 2008
Page 3
6. REVIEW EXPENDITURES
COMMITTEE ACTION: Recommended Board approval of expenditures.
7. ADJOURNMENT - at 3:35 p.m.
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