HomeMy WebLinkAboutBUDGET AND FINANCE ACTION SUMMARY 10-29-12Central Contra Costa Sanitary District
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SPECIAL MEETING OF THE
CENTRAL CONTRA COSTA R04RDOFT)IfffCT °RS:
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SANITARY DISTRICT Pivszdent
BUDGET AND FINANCE COMMITTEE D_�bIDR ntPro Am
President Pro Tem
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ACTION SUMMARY - 1HCHAELR. - 1fCGILL
AI4RIO Af. AIEVESLE
Chair McGill
Member Nejedly
Monday, October 29, 2012
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
PHONE: (925) 228 -9500
E4-I: (925) 676 -7211
www. cen tralsan. org
PRESENT: Mike McGill, Jim Nejedly, Ann Farrell, Thea Vassallo, Todd Smithey,
Tom DeMars and Dan Wiles from Fieldman, Rolapp & Associates (for Item 3.)
1. Call Meeting to Order
Chair McGill called the meeting to order at 3:00 p.m.
2. Public Comments
None.
3. Status Update on Considerations for Bond Funding Pension Unfunded Actuarial
Accrued Liability (UAAL)
COMMITTEE ACTION: Received the update and directed staff to schedule
a special meeting on November 5, 2012 to further review alternatives 1 and
6 in the report prepared by Fieldman, Rolapp & Associates.
4. Risk Management
a. Review Loss Control Report and discuss outstanding claims
COMMITTEE ACTION: Reviewed the report and discussed
outstanding claims.
Budget and Finance Committee
October 29, 2012
Page 2
5. Review September 2012 Financial Statements and Investment Reports (Item 4.c.
in Board Binder)
COMMITTEE ACTION: Reviewed and recommended Board approval.
6. Expenditures
a. Review Expenditures (Item 4.b. in Board Binder)
COMMITTEE ACTION: Reviewed and recommended Board approval.
Member Nejedly asked staff to provide more information on check
#192304, dated 10/18/12 for Hoover's Commercial Services.
b. Review Legal Expenditure Summary
COMMITTEE ACTION: Reviewed Legal Expenditure Summary.
7. Reports and Announcements
Finance Manager Thea Vassallo gave an update on the status of the
Benchmark Study.
8. Suggestions for future agenda items
None.
9. Adjournment — at 4:00 p.m.