HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 11-28-11 � Central Contra Costa Sanitary District
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REGULAR MEETING OF THE Bo�oF�zr�cTOr�s:
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BUDGET AND FINANCE COMMITTEE
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ACTION SUMMARY
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Chair Nejedly ,�,�,�:��,�t�-�r�.s�r,�.��,-x
Member Hockett
Monday, November 28, 2011
3:00 p.m.
Second Floor Conference Room
5019 Imhoff Place
Martinez, California
PRESENT: Jim Nejedly, Barbara Hockett, Randy Musgraves, Jim Kelly, Ann Farrell,
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 a question regarding payment of garnishments to
various sources and whether there might be a third party that could
disburse multiple checks
COMMITTEE ACTION: Reviewed the response.
4. Risk Management
a. Review Loss Control Report and discuss outstanding claims
COMMITTEE ACTION: Reviewed the Loss Control Report, discussed
outstanding claims and accepted staff's status report.
Budget and Finance Committee
November 28, 2011
Page 2
b. Discuss new claims
1) Bob Hansen, 4085 Legion Court, Lafayette
Staff reported that the claim from Mr. Bob Hansen has been paid;
the release form has been received from the claimant; and the
claim will be closed.
COMMITTEE ACTION: Discussed the new claim and accepted
staff's status report.
5. Review September 2011 PARS GASB 45 Statement
COMMITTEE ACTION: Reviewed the statement and asked staff to inquire
from HighMark Capital what the return would have been had the District
invested in the Moderately Aggressive Fund instead of the Moderate Fund.
6. Review October 2011 Financial Statements and Investment Reports
COMMITTEE ACTION: Reviewed and recommended Board approval.
7. Expenditures
a. Review Expenditures
COMMITTEE ACTION: Reviewed and recommended Board approval.
b. Review Legal Expenditure Summary
COMMITTEE ACTION: Reviewed the Legal Expenditure Summary.
8. Reports and Announcements
None.
9. Suggestions for future agenda items
None.
10. Adjournment — at 3:10 p.m.