HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 05-02-11 � Central Contra Costa Sanitary District
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ACTION SUMMARY
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Chair Nejedly ,�,�,�:��,�t�-�r�.s�r,�.��,-x
Member Hockett
Monday, May 2, 2011
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
PRESENT: Jim Nejedly, Barbara Hockett, Randy Musgraves, Jim Kelly, Debbie Ratcliff
1. Call Meeting to Order
Chair Nejedly called the meeting to order at 3:00 p.m.
2. Public Comments
None.
3. Risk Management
a. Review Loss Control Report
There were no new c/aims.
COMMITTEE ACTION: Reviewed the report.
4. Expenditures
a. Review Expenditures (Item 3.a. in Board Binder)
The Committee had a question about KIS Computer Center. Staff will
research and bring back to the next Committee meeting.
COMMITTEE ACTION: Reviewed and recommended Board approval.
Budget and Finance Committee
May 2, 2011
Page 2
b. Review Legal Expenditure Summary
COMMITTEE ACTION: Reviewed Legal Expenditure Summary.
a. Review P-Card expenditures
The Committee asked that in the future, items such as a boot dryer be purchased
at a hardware store as opposed to a fishing goods store. Staff will review the
purchase from the fishing goods store and report back.
COMMITTEE ACTION: Reviewed P-Card expenditures.
5. Review March 2011 Financial Statements and Investment Reports (Item 3.c. in
Board Binder)
COMMITTEE ACTION: Reviewed and recommended Board approval.
6. Review GASB 45 Trust Quarterly Financial Report
Staff reviewed the first quarter trust report. Earnings for the quarter were 3.16%
and 11.48% for a full year.
COMMITTEE ACTION: Reviewed and accepted the report.
7. Consider allowing the Connection Fee Deferral Pilot Program, expiring
June 30, 2011, to sunset
COMMITTEE ACTION: Recommended allowing the program to sunset.
This item may be discussed at the May 5, 2011 Board meeting under Item
4.a.2) Consider adopting an uncodified ordinance to replace the "Schedule
of Environmental and Development-Related Rates and Charges."
8. Reports and Announcements
None.
9. Suggestions for future agenda items
None.
Budget and Finance Committee
May 2, 2011
Page 3
10. Closed Session
a. Conference with Legal Counsel - Anticipated Litigation - significant
exposure to litigation pursuant to Government Code Section 54956.9(b) —
Two potential cases.
• 3320 Woodview Court, Lafayette
• 536 Ward Street, Martinez
COMMITTEE ACTION: Held closed session regarding 3320
Woodview Court, Lafayette.
11. Report out of Closed Session
No reportable action.
12. Adjournment — at 3:25 p.m.