HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 02-02-09 =1-. d. 2) cO Central Contra Costa Sanitary District 5019 Imhoff Place, Martinez, CA 94553-4392 (925) 228-9500 . wwwcentlalsanolg BUDGET AND FINANCE COMMITTEE ACTION SUMMARY Chair Lucey Member Nejedly Monday, February 2,2009 3:00 p.m. Executive Conference Room 5019 Imhoff Place Martinez, California PRESENT: Jerry Lucey, Jim Nejedly, Jim Kelly, Randy Musgraves, Debbie Ratcliff 1. CALL MEETING TO ORDER Chair Lucey called the meeting to order at 3 p.m. 2. PUBLIC COMMENTS No comments. 3. OLD BUSINESS a. Three outstanding questions from the previous meeting were reviewed. COMMITTEE ACTION: None 4. CLAIMS MANAGEMENT a. Review Outstanding Claims Two claims were discussed; both were overflows associated with root intrusion costing approximately $2,000 each. Neither had property damage. A recent overflow occurred at 150 Adria in Walnut Creek in the home. Minimal damage was done. Staff estimates approximately $1,000 in clean up and are waiting for property damage estimate. Fortunately the sewage ran over cement floors. COMMITTEE ACTION: None A to, Recycled Paper Budget and Finance Committee February 2, 2009 Page 2 5. CONSIDERATION OF BEGINNING INVESTMENT IN THE GASB 45 TRUST COMMITTEE ACTION: The Committee instructed staff to continue to hold the first deposit to the GASB 45 Trust until the market volatility slows. 6. REPORTS/ANNOUNCEMENTS a. Natural Gas Prices Staff reviewed the position paper on the pre-purchase of natural gas. COMMITTEE ACTION: The Committee recommends approval of the staff recommendation to pre-purchase gas. b. Rates and Charges Staff reviewed the memo regarding District rates and charges. COMMITTEE ACTION: The Committee recommends not raising the fees for small businesses and had differing opinions on raising all other fees and charges to capture costs. c. Articles on A.I.G. COMMITTEE ACTION: None 7. REVIEW PROPOSITION 218 NOTICE Staff reviewed the proposed Proposition 218 Notice wording with the Committee. COMMITTEE ACTION: The Committee approved the wording if the notice is determined to be needed this year. Staff was asked to bring back the date that the notice would need to be delivered to the mailing house. The Committee did not take a position on sending the notice out at this time. 8. REVIEW EXPENDITURES a. Detail of P-Card expenditures over $2,000 with description "Procurement Purchases" (first Committee meeting each month). The Committee reviewed expenditures, including procurement purchases, and there was one outstanding question regarding vactor trucks. Budget and Finance Committee February 2, 2009 Page 3 COMMITTEE ACTION: Recommended Board approval of expenditures. 8. ADJOURNMENT - at 3:30 p.m.