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HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 05-16-11 � Central Contra Costa Sanitary District m � '" ° � � �"ro ro � � � � � � m m A W J 0 W REGULAR MEETING OF THE CENTRAL CONTRA COSTA Bo�oF�zr�cTOr�s: SANITARY DISTRICT ���H�ELR�r��rLL Presldent BUDGET AND FINANCE COMMITTEE B�RB�R��Ho��TT Pr�esldentPr�o Tem ACTION SUMMARY `'E��Lr'RL�`-E�� .1 L�RIO!1I.1IE.A E'SI�ArI J.�,1IES.�.,\EJEDL I' Chair' Nejedly Pxo��: �9as�aa8-9soo Member' HOCkett F��: �9zs�6�6-�zll ����.ce�rb°alsa�r.org Monday, May 16, 2011 3:00 p.m. Executive Conference Room 5019 Imhoff Place Martinez, California PRESENT: Jim Nejedly, Barbara Hockett, Randy Musgraves, Debbie Ratcliff 1. Call Meeting to Order Chair Nejedly called the meeting to order at 3:00 p.m. 2. Public Comments None. 3. Old Business a. Review response to question about KIS Computer Center b. Review response to question about P-card purchase of a boot dryer from Bass Pro Shops COMMITTEE ACTION: Reviewed the responses. 4. Risk Management a. Review Loss Control Report There were no new c/aims to report. COMMITTEE ACTION: Reviewed the report. Budget and Finance Committee May 16, 2011 Page 2 b. Discuss outstanding claims 1) Review Position Paper returning claim for damages submitted by Paladin Law Group on behalf of Ryan, Ann and Reese Schaeffer as untimely (Item 3.d. in Board Binder) Staff indicated that the c/aim in P/easant Hill was untime/y. COMMITTEE ACTION: Reviewed and recommended the Board approve returning the claim as untimely. 5. Review Position Paper setting June 16, 2011 at 2:00 p.m. as the date and time for a public hearing to consider placing all Fiscal Year 2010-11 delinquent charges on the Contra Costa County tax roll for collection, placing liens against properties owned by persons who owe delinquent charges, or terminating service to properties that have incurred delinquent charges (Item 3.c. in Board Binder) Staff reported that there are two delinquent capacity fees that the Board is being asked to consider adding to the tax roll or terminating service. COMMITTEE ACTION: Reviewed and recommended Board approval. 6. Receive the Fiscal Year 2011-12 Operations and Maintenance Budget and the Fiscal Year 2011-12 Debt Service Fund Budget (Item 9.a. in Board Binder) Staff discussed the increase in the GASB 45 Annua/Required Contribution to $8.3 million based on the new actuarial report. This increase is partially due to the actuary reducing the assumed rate of return on the trust from 8% to 6.5%. COMMITTEE ACTION: Received the Budgets. 7. Receive update on Connection Fee Installment Payments for small businesses COMMITTEE ACTION: Received the update. 8. Expenditures a. Review Expenditures (Item 3.b. in Board Binder) COMMITTEE ACTION: Reviewed and recommended Board approval, and requested details regarding an easement purchase from Julie and Robert Ligon. Budget and Finance Committee May 16, 2011 Page 3 b. Review Legal Expenditure Summary COMMITTEE ACTION: Reviewed Legal Expenditure Summary. 9. Reports and Announcements None. 10. Suggestions for future agenda items None. 11. Adjournment — at 3:15 p.m.