HomeMy WebLinkAboutBUDGET & FINANCE ACTION SUMMARY 11-28-11 � Central Contra Costa Sanitary District m � '" ° � � �"ro ro � � � � � � m m A W J 0 W REGULAR MEETING OF THE Bo�oF�zr�cTOr�s: CENTRAL CONTRA COSTA B�RB�R��H°`'�'TT Presldent SANITARY DISTRICT s���s� �r�E�L�� Pr�esldentPr�o Tem BUDGET AND FINANCE COMMITTEE ,1IICH.�EL R,l ICGILL ,1 L�RIO,1 L,1IE.\ESI.\I D�L7DR.iI�7LLI�!1LS ACTION SUMMARY PHOlE: �9�5���8-9500 F�I: C9�SJ C7C-7�11 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.