HomeMy WebLinkAbout08.d.1)c) Minutes-Finance Committee 10-24-168.d.1)c)
ral Contra Costa Sani a
REGULAR MEETING OF THE
CENTRAL CONTRA COSTA
SANITARY DISTRICT
FINANCE COMMITTEE
MINUTES
Monday, October 24, 2016
3:00 p.m.
Executive Conference Room
5019 Imhoff Place
Martinez, California
Committee:
Chair Tad Pilecki
Member Paul Causey
BOARD OF DIRECTORS:
TAD J. PILECICI
President
PAUL H. CA USEY
President Pro Tem
MICHAEL R. MCGILL
JAMES A. NEJEDLY
DAVID R. WILLIAMS
PHONE: (925) 228-9500
FAX: (925) 372-0192
www.centralsan.org
Staff:
General Manager Roger S. Bailey (arrived for Item 4.)
Deputy General Manager Ann Sasaki
Director of Engineering and Technical Services Jean -Marc Petit (arrived for Item 4.)
Planning & Development Services Division Manager Danea Gemmell
Finance Manager Thea Vassallo
Senior Administrative Technician Cindy Granzella
1. Call Meeting to Order
Chair Pilecki called the meeting to order at 3:00 p.m.
2. Public Comments
None.
3. Old Business
a. Review staff's response to questions regarding expenditures at the
September meeting:
InformationDate Amount Vendor Requested
#103335 $1,051.85 Servicemaster Member Causey requested further detail.
8/18/16
Restoration
Finance Committee Minutes
October 24, 2016
Page 2
COMMITTEE ACTION: Reviewed staff's responses.
4. Expenditures
a. Review Expenditures
Member Causey referred to page 64 of the expenditures and stated that
he would recuse himself from recommending Board approval of a
payment to West Yost Associates due to a potential conflict of interest.
COMMITTEE ACTION: Reviewed and recommended Board approval.
Requested additional information on the following:
iPateE
Info a equestO
#211676 $97,500.00 EBMUD / Chair Pilecki asked for a short memo to
9/29/16 Lab and identify the costs/summary of the studies
Other for BACWA.
#211942 $300.00 Alameda Chair Pilecki asked for more information
10/06/16 LAFCO
#37420 $2,876.55 Taborda Member Causey asked why this was
9/22/16 Solutions, billed to a capital project, and another
Inc. payment to the same vendor was billed
through Operations and Maintenance
(O&M)
5. Review September 2016 Financial Statements and Investment Reports
Ms. Vassallo reviewed the information included in the agenda materials.
Chair Pilecki referred to the retirement contribution of $17,666,949 on page 4,
and stated that a previous announcement to the Board stated that a payment of
$18.3 million would be made. He asked for an explanation of the discrepancy.
COMMITTEE ACTION: Reviewed and recommended Board approval.
6. Review preliminary rate scenarios schedule for revenue requirements
Mr. Bailey explained that the preliminary scenarios included with the agenda
materials represent a basic introduction to the topic, which will be further
discussed at the upcoming Board workshop on November 10.
Finance Committee Minutes
October 24, 2016
Page 3
Ms. Gemmell reviewed all three scenarios. Member Causey requested a fourth
scenario be presented to the Board on November 10 showing a zero rate for next
year followed by increases over the next five -years once the Comprehensive
Wastewater Master Plan has been approved and considered in the budget.
COMMITTEE ACTION: Received the information and provided input to
staff.
7. Announcements
a. Future scheduled meetings:
Monday, November 28, 2016 at 3:00 p.m.
Tuesday, December 27, 2016 at 3:00 p.m.
b. Receive list of Scheduled/Parking Lot items
COMMITTEE ACTION: Received the announcements.
8. Suggestions for future agenda items
None.
9. Adjournment — at 4:15 p.m.