HomeMy WebLinkAbout06.d.1)a) Action Summary -Finance Committee 07-27-15Committee:
Chair Jim Nejedly
Member Tad Pilecki
&.d.l)a)
Central Contra Costa Sanitary District
REGULAR MEETING OF THE
CENTRAL CONTRA COSTA
SANITARY DISTRICT
FINANCE COMMITTEE
ACTION SUMMARY
Monday, July 27, 2015
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
Staff.•
General Manager Roger Bailey
Deputy General Manager Ann Sasaki
Director of Administration David Heath
Finance Manager Thea Vassallo
Purchasing and Materials Manager Stephanie King
Planning and Development Services Division Manager Danea Gemmell
Senior Engineer Thomas Brightbill (left after Item 3.)
Senior Administrative Technician Cindy Granzella
1. Call Meeting to Order
Chair Nejedly called the meeting to order at 3:00 p.m.
2. Public Comments
None.
BOARD OF DIRECTORS:
MICHAEL R. MCGILL
President
TAD J. PILECKI
President Pro Tem
PAUL H CAUSEY
JAMES A. NEJEDLY
DAVID R. WILLIAMS
PHONE: (925) 228 -9500
FAX: (925) 372 -0192
www.centralsan.org
3. Review draft Position Paper to place Caffe Classico delinquency on Fiscal Year
2015 -16 Contra Costa County property tax roll for collection
Finance Committee Action Summary
July 27, 2015
Page 2
Planning and Development Services Division Manager Danea Gemmell reviewed
the draft Position Paper included in the agenda material, and explained that staff
is requesting that the delinquent charges be collected on the Contra Costa
County property tax roll.
In response to a question, Senior Engineer Thomas Brightbill stated that the
$102,000 amount requested to be placed on the tax roll is considered a down
payment on the capacity fees owed.
Chair Nejedly and Member Pilecki requested that staff provide the full Board with
more information at the August 6, 2015 public hearing so they have a clear
understanding of all options available for full cost recovery.
COMMITTEE ACTION: Requested additional information from staff in terms
of the District's options for full cost recovery.
4. Old Business — None.
5. Expenditures
a. Review Expenditures
COMMITTEE ACTION: Reviewed and recommended Board approval.
6. Review June 2015 Financial Statements and Investment Reports
Finance Manager Thea Vassallo reviewed the June 2015 Financial Statements,
starting with Operating and Maintenance (O &M) revenues for the City of
Concord. She stated that a $750,000 unfavorable variance was mainly due to
under spending in Plant Operations for labor and utilities. Year -to -date O &M
expense has a $5.1 million favorable variance; however, the same report run
today would show a $3.9 million favorable variance. The number will continue to
decrease as more invoices and year end accruals are processed in the next few
days.
Ms. Vassallo explained that expenditures under the Capital Improvement Budget
(CIB) are currently $22.2 million. During the budget process CIB expenditure
projections were estimated at $24.0 million. The difference is mainly due to
delays in two specific capital projects, Equipment and Vehicles and the POD
Safety and ADA improvements, and Grayson Creek which was postponed.
COMMITTEE ACTION: Reviewed and recommended Board approval.
Finance Committee Action Summary
July 27, 2015
Page 3
7. Provide annual report on status of loans under Board Policy No. BP 001 —
Employee Computer Purchase Assistance Program
COMMITTEE ACTION: Received the report.
8. Announcements
a. Future scheduled meetings:
Monday, August 10, 2015 at 3:00 p.m.
Monday, August 24, 2015 at 3:00 p.m.
Tuesday, September 8, 2015 at 3:00 p.m.
b. Ms. Vassallo stated that Finance Administrator Todd Smithey will attend
the next Committee meeting to review the Contra Costa County
Employees Retirement Association (CCCERA) evaluation.
C. General Manager Roger Bailey stated that the Household Hazardous
Waste facility contacted the Walnut Creek Bomb Squad earlier in the day
due to a potentially explosive material. The Bomb Squad responded and
disposed of the material. Chair Nejedly recommended attending a Walnut
Creek City Council Meeting to thank the Squad for its quick response.
Member Pilecki suggested sending a letter of thanks or recognition.
COMMITTEE ACTION: Received the announcements.
9. Suggestions for future agenda items
None.
10. Adjournment — at 3:38 p.m.