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HomeMy WebLinkAboutFINANCE ACTION SUMMARY 08-25-14 (MEETING WAS CANCELLED)Central Contra Costa Sanitary District REGULAR MEETING OF THE CENTRAL CONTRA COSTA SANITARY DISTRICT FINANCE COMMITTEE ACTION SUMMARY Chair Causey Member Nejedly Monday, August 25, 2014 3:00 p.m. Executive Conference Room 5019 Imhoff Place Martinez, California BOARD OFDIREC'TORS: D.AbIDR. JULL141fS President A- FICH.AEL R. e1ICGILL President Pro Tem P.4 LT H CAL SEI" J_BIES A. EJEDLI" T_4D J PILECKI PHOME: (925) 228 -9500 FAX: (925) 372 -0192 wlvw.cenh•alsan.org MEETING CANCELLED FOR LACK OF QUORUM 1. Call Meeting to Order 2. Public Comments 3. Old Business a. Review staff's response to questions regarding expenditures at the previous meeting: 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 data 7117114 Government, backup hard drive storage provided by CDW Inc. fits in with the other backup IT systems and if the storage provided by CDW aided in the aftermath of the recent cam uter virus. 2) #201069 $6,757.00 Diana Lago The Committee asked for more information 7117114 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. 13) #201157 1 $12,862.80 1 Hanson The Committee asked for more detail on the Finance Committee Action Summary August 25, 2014 Page 2 b. Discuss future approaches on contracting for repairs to the District's recycled water lines 4. Expenditures a. Review Expenditures 5. Review July 2014 Financial Statements and Investment Reports 6. Receive Adjusted Pre -Audit Year -End Financial Statements and Investment Report for Fiscal Year 2013 -14 (aka "Period 13 ") 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 8. Receive information on the District's process of determining contributed assets value 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 Check/ Information Requested Date Amount Vendor (Responses are included in the Agenda Packet as Attachment 3.a. 1)- 7/24/94 Brid ett LLP le al services bill. b. Discuss future approaches on contracting for repairs to the District's recycled water lines 4. Expenditures a. Review Expenditures 5. Review July 2014 Financial Statements and Investment Reports 6. Receive Adjusted Pre -Audit Year -End Financial Statements and Investment Report for Fiscal Year 2013 -14 (aka "Period 13 ") 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 8. Receive information on the District's process of determining contributed assets value 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