HomeMy WebLinkAboutBUDGET & FINANCE AGENDA 09-27-07
Central Contra Costa Sanitary District
5019 Imhoff Place Martlllez, CA 94553-4392 (925) 228-9500 . wwwcentlalsan org
BUDGET AND FINANCE COMMITTEE
Chair McGill
Member Nejedly
Thursday, September 27,2007
3:30 p.m.
(NOTE LATER START TIME)
Executive Conference Room
5019 Imhoff Place
Martinez, California
1. CALL MEETING TO ORDER
2. PUBLIC COMMENTS
*3. OLD BUSINESS
a. Review outstanding question regarding fiduciary insurance.
4. CLAIMS MANAGEMENT
a. Review open claims or potential claims.
*5. REPORTS/ANNOUNCEMENTS
a. Review August, 2007 Financial Statements.
*6. REVIEW EXPENDITURES
7. ADJOURNMENT
*
Attachment
A
to, Recycled Paper
Central Contra Costa Sanitary District
March 30, 2007
TO:
BOARD BUDGET AND FINANCE COMMITTEE
FROM:
RANDALL MUSGRA VES
DEBBIE RATCLIFF
SUBJECT:
September 19, 2007 Finance Committee Meeting
There was one outstanding question from the last Board Budget and Finance
Committee meeting which required additional staff research. The question and answer
is provided below:
1. 167492 - Alliant Insurance Service - Who is covered by this Fiduciary
Insurance?
This $1 million insurance policy, with a $5,000 retention, provides coverage for
lawsuits associated with the District's Deferred Compensation Plan and covers
all five Board members, the Controller, and the four Deferred Compensation
Committee members. In addition, the District purchases Errors and Omission
insurance of $15 million, with a $1 million retention, as part of the General
Liability policy. This insurance covers both Board members and District staff.