HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 10-17-11Central Contra Costa Sanitary District
REGULAR MEETING OF THE
CENTRAL CONTRA COSTA
SANITARY DISTRICT
BUDGET AND FINANCE COMMITTEE
ACTION SUMMARY
Chair Nejedly
Member Hockett
Monday, October 17, 2011
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
BOARD OF DIRECTORS:
BARBARA D. HOCKETT
President
JAMES A. NEJEDLY
President Pro Tem
MICHAEL R. MCGILL
MARIO M. MENESINI
DAVID R. WILLIAMS
PHONE: (925) 228 -9500
FAX. (925) 676 -7211
www.centralsan.org
PRESENT: Jim Nejedly, Barbara Hockett, Randy Musgraves, Debbie Ratcliff
1.
2.
3.
4.
Call Meeting to Order
Chair Nejedly called the meeting to order at 3:00 p.m.
Public Comments
None.
Review the PARS Statement for August 2011
Staff reviewed the financial results for August 2011 and indicated that, due to a
volatile stock market, the GASB 45 Trust account had a negative return of
$662,341 for the month. Over the last twelve months, the fund has earned
10.72 %.
COMMITTEE ACTION: Reviewed the Statement.
Risk Management
a. Review Loss Control Report and discuss outstanding claims
COMMITTEE ACTION: Reviewed and discussed the report.
Budget and Finance Committee
October 17, 2011
Page 2
b. Discuss new claims
1) Review new claims received, and of significant financial and /or
legal impact.
There was none to discuss.
2) Review claim by Heidi NohKuhn
Staff reported that a $12,000 claim was received from Ms.
NohKuhn to recover damages to her vehicle. Staff has requested
additional information regarding the claim.
COMMITTEE ACTION: Discussed the new claim.
5. Review Position Paper adopting Resolution 2011 -059 suspending application of
the "Demand Charge" from the Schedule of Sewer Service Charges adopted
under Ordinance No. 266, in accordance with District Code Section 1.24.020
(Item 3.d. in Board Binder)
COMMITTEE ACTION: Reviewed and recommended Board adoption.
6. Review Position Paper concurring with staff recommendation for a contribution of
$4,000 this year, and a similar contribution each year going forward, at the
General Manager's discretion, to defray the cost of food for the District's annual
Employee Activities Organization (EAO) holiday party (Item 8.a. in Board Binder)
COMMITTEE ACTION: The Committee was split with Chair Nejedly against
and Member Hockett for the contribution. Reviewed and recommended
Board discussion and decision.
7. Expenditures
a. Review Expenditures (Item 3.b. in Board Binder)
COMMITTEE ACTION: Reviewed and recommended Board approval.
b. Review Legal Expenditure Summary
COMMITTEE ACTION: Reviewed Legal Expenditure Summary.
8. Reports and Announcements
9. Suggestions for future agenda items
10. Adjournment — at 3:10 p.m.