HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 02-14-11 •
SD L Central Contra Costa Sanitary District
Protecting public health and the environment 5019 lmlioff_Place, Martinez 01
REGULAR MEETING OF THE BOARD OF DIRECTORS:
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CENTRAL CONTRA COSTA BARBARA D. HOCK=
President
SANITARY DISTRICT JAMES A. NE/EDLY
President Pro Tem
BUDGET AND FINANCE COMMITTEE
MICHAEL k MfCGILL
,LtA RIO M. MIENESWI
DAVID R. WILLIAMS
ACTION SUMMARY
PHONE: (925) 228 -9500
FAX: (925) 676 -7211
Ch air Nejedly www.centralsan.org
Member Hockett
Monday, February 14, 2011
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California .
PRESENT: Jim Nejedly, Barbara Hockett, Jim Kelly, Debbie Ratcliff
1. Call Meeting to Order •
Chair Nejedly called the meeting to order at 3:00 p.m.
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2. Public Comments
None.
3. Risk Management
a. Review Loss Control Report
COMMITTEE ACTION: Reviewed the report.
b. Discuss outstanding claims
COMMITTEE ACTION: Did not discuss any outstanding claims.
c. Discuss new claims
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Staff, apprised the Committee of one new claim at 4130, Castro Street in
Martinez for $159.75. More information will be brought to the Committee
at its next meeting.
COMMITTEE ACTION: Received the report.
Budget and Finance Committee
February 14, 2011
Page 2
4. Receive the 2010 -2011 Operations and Maintenance Budget Review for the six
months ended December 31, 2010 and projections for the full fiscal year
Controller Debbie Ratcliff discussed the 2010 -2011 Operations and Maintenance
Budget Review for the six months ended December 31, 2010 and projections for
the full fiscal year. A full report will be given to the Board at the February 24,
2011 Board meeting. The position paper attached to this item, distributed by Ms.
Ratcliff, is included in the Board agenda packet for that meeting.
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COMMITTEE ACTION: Received the report.
5. Contra Costa County Employees' Retirement Association (CCCERA) Update
Staff discussed the average estimates of a five -year rate increase received from
Segal, CCCERA's actuary. On average, the cumulative rate increase at the end
of five years is 10.39 %. Also, the COLA received by retirees of 1.5% was
discussed as well as the COLA bank that each retiree has, as needed.
COMMITTEE ACTION: Received the report.
6. Review Expenditures
a. Review P -Card expenditures
COMMITTEE ACTION: Recommended Board approval.
7. Reports and Announcements
None.
8. Adjournment — at 3:20 p.m.