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HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 03-30-09~~ Central Contra Costa Sanitary District BUDGET AND FINANCE COMMITTEE ACTION SUMMARY Chair Lucey Member Nejedly Monday, March 30, 2009 Executive Conference Room 5019 Imhoff Place Martinez, California PRESENT: Jerry Lucey, Jim Nejedly, Randy Musgraves, Debbie Ratcliff 1. CALL MEETING TO ORDER Chair Lucey called the meeting to order at 3 p.m. 2. PUBLIC COMMENTS None. 3. OLD BUSINESS a. Five Outstanding Questions COMMITTEE ACTION: The Committee asked staff to bring back additional information regarding emergency radios. 4. CLAIMS MANAGEMENT a. Review Outstanding Claims Staff announced that the outstanding claim at Spring Road in Orinda was resolved. The homeowner requested a cash settlement of $11,234 and the Districf paid Restoration Management $8, 500 directly for the clean-up. Total cost of the claim is approximately $20, 000. COMMITTEE ACTION: Received the report. (925) 228-9500 www.centralsan.org ® kecyded Papei 5. REPORTS/ANNOUNCEMENTS a. Current Litigation Expense COMMITTEE ACTION: Received litigation report. b. Position Paper to authorize public notice (Prop 218) of a possible Sewer Service Charge rate increase COMMITTEE ACTION: The Committee recommended bringing the item to the full Board for discussion. c. Contra Costa County Employees' Retirement Association Board decision regarding the UAAL and smoothing period Staff recommended afollow-up letter to CCCERA requesting that they provide information for the District as a separate entity regarding the effects of the layered approach on the Unfunded Actuarial Accrued Liability (UAAL). COMMITTEE ACTION: Concurred with the staff recommendation. d. FY 2009-2010 Budget assumptions COMMITTEE ACTION: Received Budget assumptions. 6. REVIEW FEBRUARY 2009 FINANCIAL STATEMENTS (Item 3.b. in Board Binder) COMMITTEE ACTION: Recommended Board approval of Financial Statements. 7. REVIEW EXPENDITURES (Item 3.a. in Board Binder) a. Review Expenditures The Committee had four questions which staff will research and bring back information to the committee. COMMITTEE ACTION: Recommended Board approval of Expenditures. Review P-Card Expenditures COMMITTEE ACTION: Recommended Board approval of P-Card Expenditures. ADJOURNMENT - at 3:30 p.m.