HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 05-18-09Central Contra Costa Sanitary District
BUDGET AND FINANCE COMMITTEE
ACTION SUMMARY
Chair Lucey
Member McGill (Alternate)
Monday, May 18, 2009
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
PRESENT: Jerry Lucey, Mike McGill, 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. Review Outstanding Questions
COMMITTEE ACTION: None.
4. CLAIMS MANAGEMENT
a. Review Outstanding Claims
There were no new claims to report.
COMMITTEE ACTION: None.
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Budget and Finance Committee
May 18, 2009
Page 2
5. REPORTS/ANNOUNCEMENTS
a. District Response to the 2008-2009 Grand Jury Report
The staff response to the Grand Jury report was reviewed.
COMMITTEE ACTION: Recommend Board acceptance.
b. Review Position Paper on O&M Budget (Item 8.a. in Board Binder)
Financial assumptions for the Fiscal Year 2009-2010 Budget were
reviewed.
COMMITTEE ACTION: Recommend the item be presented to the
Board for consideration. Member McGill recommended approval of
the budget as presented.
c. GASB 45 Monthly Investment (Staff will be sending investment to trust)
COMMITTEE ACTION: Concurred with staff recommendation.
d. CCCERA Pursuit as a Special District
This item was held over to a future Committee meeting.
COMMITTEE ACTION: None.
e. The Board requested that staff provide regular updates on the State
financial crisis.
6. REVIEW EXPENDITURES (Item 3.a. in Board Binder)
a. Review expenditures
There was one outstanding question.
COMMITTEE ACTION: Recommended Board approval of expenditures.
7. ADJOURNMENT - at 3:30 p.m.