HomeMy WebLinkAboutFINANCE ACTION SUMMARY 03-09-15?-d- /) 4)
1 Central Contra Costa Sanitary District
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Chair Nejedly
Member Pilecki
Monday, March 9, 2015
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
BOARD OF DIRECTORS:
MICHAEL R. MCGILL
President
I AD .1. PH ECKI
President Pro Tom
PAUL H. CAUSFY
JAMES A. NUFDLY
DAVID R. WILLIAMS
PHONE: (925) 228 -9500
FAX: (925) 372 -0192
www.centralsan.org
PRESENT: Chair Jim Nejedly, Member Tad Pilecki, General Manager Roger Bailey,
Director of Administration David Heath, Finance Manager Thea Vassallo, Deputy
General Manager Ann Sasaki, Purchasing and Materials Services Manager Stephanie
King, Safety & Risk Management Administrator Shari Deutsch (left after Item 3.),
Human Resources Manager Teji O'Malley (left after Item 4.), Senior Administrative
Technician Christina Gee
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. Receive information regarding the following question regarding an
expenditure at the previous meeting:
Finance Committee Action Summary
March 9, 2015
Page 2
Check 1
Date
Amount
Vendor
Information Requested
#103231
$7,000.00
Marina Kogan
The Committee requested additional
2/11/15
information, including photos, on the overflow
which resulted in the need for this settlement
check.
Safety & Risk Management Administrator Shari Deutsch described the
damage and shared photos (copies attached), explaining that the amount
paid to Ms. Kogan was the average between the estimates obtained by
District staff and the claimant.
COMMITTEE ACTION: Received the information.
b. Review staff's response regarding a question from Member Pilecki
regarding Capitalized Administrative Overhead in the January 2015
Financial Statements and Investment Reports
Finance Manager Thea Vassallo summarized the response included in the
agenda packet.
COMMITTEE ACTION: Reviewed staff's response.
4. Discuss possibility of imposing a deadline on Medicare Part B reimbursement
requests
Human Resources Manager Teji O'Malley explained that no staff time is being
spent following up on untimely requests for reimbursement. She added that,
having conferred with the District's Labor Counsel, imposing a deadline as
proposed could expose the District to litigation to which it would not otherwise be
exposed.
COMMITTEE ACTION: Discussed and decided against pursuing the
possibility of imposing a deadline.
5. Review draft position paper receiving the 2014 Annual Report of the ICMA
Deferred Compensation Plans
Ms. Vassallo stated that the District has $60 million in its ICMA 457 Deferred
Compensation Plan. When combined with the Part -Time, Temporary, and
Seasonal (PTS) and 401 Plans, the District has a total of $94.9 million with
ICMA.
Finance Committee Action Summary
March 9, 2015
Page 3
Member Pilecki requested that, for comparison purposes, benchmarks be
included in the Fund Performance section of the report.
COMMITTEE ACTION: Reviewed and recommended Board receipt.
6. Expenditures
a. Review Expenditures
COMMITTEE ACTION: Reviewed and recommended Board approval.
Requested the following additional information:
Check /
Date
Amount
Vendor
Information Requested
#203822
$2,396.68
Aggreko Inc.
Chair Nejedly requested a copy of the bill for
2/19/15
the rental generator and questioned why a
more local vendor was not chosen to provide
the service.
#203826
$2,500.00
Antioch
The Committee requested more information
2/19/15
Chamber of
on the charge for the sponsorship of the EC2
Commerce
Summit.
7. Announcements
a. Future scheduled meetings:
Monday, March 23, 2015 at 3:00 p.m.
Monday, April 6, 2015 at 3:00 p.m.
Monday, April 27, 2015 at 3:00 p.m.
COMMITTEE ACTION: Received the announcements.
8. Suggestions for future agenda items
T Z7W
9. Adjournment — at 3:13 p.m.
* Attachment
3.4.
(A70woui-)