HomeMy WebLinkAboutFINANCE AGENDA 08-25-14Jl Central Contra Costa Sanitary District
REGULAR MEETING OF THE
CENTRAL CONTRA COSTA
SANITARY DISTRICT
FINANCE COMMITTEE
Chair Causey
Member Nejedly
Monday, August 25, 2014
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
INFORMATION FOR THE PUBLIC
ADDRESSING THE COMMITTEE ON AN ITEM ON THE AGENDA
BOARD OF DIRECTORS:
DAVID R. WILLIAMS
President
MICHAEL R. MCGILL
President Pro Tem
PAUL H CAUSEY
JAMES A. NEJEDLY
TAD J. PILECKI
PHONE: (925) 228 -9500
FAX.- (925) 372 -0192
www.centralsan.org
Anyone wishing to address the Committee on an item listed on the agenda will be heard when the
Committee Chair calls for comments from the audience. The Chair may specify the number of minutes
each person will be permitted to speak based on the number of persons wishing to speak and the time
available. After the public has commented, the item is closed to further public comment and brought to the
Committee for discussion. There is no further comment permitted from the audience unless invited by the
Committee.
ADDRESSING THE COMMITTEE ON AN ITEM NOT ON THE AGENDA
In accordance with state law, the Committee is prohibited from discussing items not calendared on the
agenda. You may address the Committee on any items not listed on the agenda, and which are within their
jurisdiction, under PUBLIC COMMENTS. Matters brought up which are not on the agenda may be
referred to staff for action or calendared on a future agenda.
AGENDA REPORTS
Supporting materials on Committee agenda items are available for public review at the Reception Desk,
5019 Imhoff Place, Martinez. Reports or information relating to agenda items distributed within 72 hours
of the meeting to a majority of the Committee are also available for public inspection at the Reception
Desk. During the meeting, information and supporting materials are available in the Conference Room.
AMERICANS WITH DISABILITIES ACT
In accordance with the Americans With Disabilities Act and state law, it is the policy of the Central Contra
Costa Sanitary District to offer its public meetings in a manner that is readily accessible to everyone,
including those with disabilities. If you are disabled and require special accommodations to participate,
please contact the Secretary of the District at least 48 hours in advance of the meeting at (925) 229 -7303.
Finance Committee
August 25, 2014
Page 2
1. Call Meeting to Order
2. Public Comments
3. Old Business
a. Review staff's response to questions regarding expenditures at the
previous meeting:
Staff Recommendation: Review staff's responses.
b. Discuss future approaches on contracting for repairs to the District's
recycled water lines
Staff Recommendation: Discuss and provide input to staff if needed.
4. Expenditures
*a. Review Expenditures
Staff Recommendation: Review and recommend Board approval.
*5. Review July 2014 Financial Statements and Investment Reports
Staff Recommendation: Review and recommend Board approval.
Check /
Information Requested
Date
Amount
Vendor
(Responses are included in the Agenda
Packet as Attachment 3.a.1) -3))
*1)
#201053
$4,010.11
CDW
Chair Causey asked how the external
7/17/14
Government,
data backup hard drive storage provided
Inc.
by CDW fits in with the other backup /T
systems and if the storage provided by
CDW aided in the aftermath of the recent
computer virus.
*2)
#201069
$6,757.00
Diana Lago
The Committee asked for more
7/17/14
information regarding the refund of
Sewer Service Charges (SSCs) for a
second living unit from Fiscal Years
1983 -2014 and how far back the
District's liability extends on those cases.
*3)
#201157
$12,862.80
Hanson
The Committee asked for more detail on
7/24/14
Bridgett LLP
the legal services bill.
Staff Recommendation: Review staff's responses.
b. Discuss future approaches on contracting for repairs to the District's
recycled water lines
Staff Recommendation: Discuss and provide input to staff if needed.
4. Expenditures
*a. Review Expenditures
Staff Recommendation: Review and recommend Board approval.
*5. Review July 2014 Financial Statements and Investment Reports
Staff Recommendation: Review and recommend Board approval.
Finance Committee
August 25, 2014
Page 3
*6. Receive Adjusted Pre -Audit Year -End Financial Statements and Investment
Report for Fiscal Year 2013 -14 (aka "Period 13 ")
Staff Recommendation: Receive and recommend Board receipt of the
Statements and Report.
*7. Review draft Position Paper readopting the Statement of Investment Policy for
District assets and Investment Guidelines for the Governmental Accounting
Standards Board (GASB) 45 Other Post - Employment Benefits (OPEB) Trust
Staff Recommendation: Review and recommend Board readoption.
*8. Receive information on the District's process of determining contributed assets
value
Staff Recommendation: Receive information and provide input to staff if
needed.
9. Announcements
a. Future scheduled meetings:
Monday, September 8, 2014 at 3:00 p.m.
Monday, September 22, 2014 at 3:00 p.m.
Monday, October 6, 2014 at 3:00 p.m. (Alternate for Chair Causey TBD)
10. Suggestions for future agenda items
11. Adjournment
* Attachment