HomeMy WebLinkAboutFINANCE ACTION SUMMARY 12-22-15A c
ACTION
• 1.'
Tuesday, December 22, 2015
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
Committee:
Chair Jim Nejedly
Member Tad Pilecki
Staff:
General Manager Roger Bailey
Deputy General Manager Ann Sasaki
Director of Administration David Heath
Director of Engineering and Technical Services Jean -Marc Petit
Finance Manager Thea Vassallo
Planning and Development Services Division Manager Danea Gemmell
Purchasing and Materials Manager Stephanie King
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.
3. Old Business — None
BOARD OF DIRECTORS:
MICHAEL R. MCGILL
President
TAD J. PILECKI
President Pro Tent
PAUL H CAUSEY
JAMES A. NEJEDLY
DAVID R. WILLIAMS
PHONE: (925) 228-9500
FAX: (925) 372-0192
www.centralsan.org
4. Review draft Position Paper to set a public hearing for February 4, 2016 to adopt
an ordinance to amend District Code Section 6.24.060 — Credits and
adjustments, and Section 6.24.070 — (Sewer Service Charge) Refunds regarding
Sewer Service Charge refunds (follow-up)
5.
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Finance Committee Action Summary
December 22, 2015
Page 2
Ms. Gemmell explained that minor revisions have been made to the Position
Paper attachment to clearly show the difference between overcharges and non -
service. This change to the District Code would allow for more time than
currently allowed for former property owners. She explained that, if approved,
the proposed changes will make the District Code match current practice.
COMMITTEE ACTION: Reviewed and recommended Board set the public
hearing.
Expenditures
a. Review Expenditures
COMMITTEE ACTION: Reviewed and recommended Board approval.
Review November 2015 Financial Statements and Investment Reports
Ms. Vassallo stated that variances for operations and maintenance (O&M) and
sewer construction charges revenue are each running approximately $600,000
favorable. Running expense is currently running a $2.1 million favorable
variance. Capital expenses are at $9.5 million for the year.
COMMITTEE ACTION: Reviewed and recommended Board approval.
Announcements
a. Future scheduled meetings:
Monday, January 25, 2016 at 3:00 p.m
COMMITTEE ACTION: Received the announcements.
Suggestions for future agenda items
None.
9. Adjournment — at 3:06 p.m.