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HomeMy WebLinkAboutFinance MINUTES 04-21-20 Page 2 of 5 ,or76— I CENTRAL SAN CENTRAL • ■ • COSTA . IMHOFF PLACE, MARTINEZ, CA 9AS53-A37 REGULAR MEETING OF THE BOARD OF DIRECTORS: CENTRAL CONTRA COSTA MICHAELMCGILL President SANITARY DISTRICT TAD JPILECKI FINANCE COMMITTEE President Pro Tem PAUL H CAUSEY JAMES A.NEJEDLY M I N U T E S DAVID R, WILLIAMS PHONE: (925)228-9500 Tuesday, April 21, 2020 FAX.- (925)372-0192 www.centralsan.org 2:00 p.m. Executive Conference Room 5019 Imhoff Place Martinez, California Committee: Chair Paul Causey (via videoconference) Member Jim Nejedly Staff.- Roger S. Bailey, General Manager Katie Young, Secretary of the District The following individuals participated in the meeting via videoconference: Ann Sasaki, Deputy General Manager Phil Leiber, Director of Finance and Administration Jean-Marc Petit, Director of Engineering and Technical Services Danea Gemmell, Planning and Development Services Division Manager Stephanie King, Purchasing and Materials Manager (arrived during Item 4.a.) Kevin Mizuno, Finance Manager Thomas Brightbill, Senior Engineer Shari Deutsch, Risk Management Administrator Bryan McGloin, Management Analyst Donna Anderson, Assistant to the Secretary of the District 1. Notice This meeting was held in accordance with the Brown Act as in effect under the State Emergency Services Act, the Governor's Emergency Declaration related to COVID-19, and the Governor's Executive Order N-29-20 issued on March 17, 2020 that allowed attendance by Board Members, District staff, and the public to participate and conduct the meeting by teleconference, videoconference, or both. The agenda included instructions for options in which the public could participate in the meeting. May 7, 2020 Regular Board Meeting Agenda Packet- Page 166 of 174 Page 3 of 5 Finance Committee Minutes April 21, 2020 Page 2 2. Call Meeting to Order Chair Causey called the meeting to order at 2:01 p.m. 3. Public Comments None. 4. Items for Committee Recommendation to the Board a. Review and recommend approval of expenditures incurred March 20, 2020 through April 1, 2020 Staff responded to a list of questions posed in advance of the meeting by Chair Causey concerning the expenditures listing. The Committee expressed satisfaction with staff's responses. Member Nejedly also provided staff with a list of questions on several procurement card expenditures. Staff will provide further detail on those purchases at the next meeting. COMMITTEE ACTION: Recommended Board approval and requested explanation at the next meeting regarding certain procurement card expenditures. b. Review March 2020 Financial Statements and Investment Reports Staff responded to several questions from Chair Causey regarding: 1) The vacancy factor used in the budget (currently 2%, but it can fluctuate from year to year), 2) The unfunded liabilities shown on Page 4 of 30 in the Running Expense fund (an element of the pension costs apart from the normal pension cost), and 3) Whether the projected capacity fees for the next fiscal year take into consideration the potential impact of the COVID-19 pandemic (the current $6 million projection reflects a more conservative assumption that is $2.5 million less than the projection prior to the pandemic). COMMITTEE ACTION: Recommended Board receipt. C. Review draft Position Paper to conduct a public hearing to receive public comment and consider adopting the following ordinances to become effective July 1, 2020: • Uncodified Ordinance No. amending the Schedule of Capacity Fees, Rates, and Charges, replacing Ordinance No. 306 in accordance with District Code chapter 6.12; and May 7, 2020 Regular Board Meeting Agenda Packet- Page 167 of 174 Page 4 of 5 Finance Committee Minutes April 21, 2020 Page 3 • Uncodified Ordinance No. amending the schedule of environmental and development-related fees and charges, replacing Ordinance No. 307 in accordance with District Code chapter 6.30 Data is available, as required by Government Code Title 7, Division 1, Chapter 8, Section 66016. If you have questions, please contact Senior Engineer Thomas Brightbill by e-mail at tbrightbill@centralsan.org Mr. Brightbill responded to several questions from Chair Causey posed in advance of the meeting regarding: 1) The two new fees added to the Schedule of Environmental and Development-Related Fees and Charges (a returned check fee and a late payment fee), 2) Capacity Fees for Accessory Dwelling Units, 3) The basis for the useful life assumptions for certain pipe types used in the Capacity Fee calculation, and 4) The reason that contributed sewer mains are excluded from the capacity fee computation. The Committee was pleased with the responses from staff. COMMITTEE ACTION: Recommended Board approval. 5. Other Items a. Review Risk Management Loss Control Report as of March 31, 2020 Ms. Deutsch reviewed the Loss Control Report with the Committee. COMMITTEE ACTION: Received the report. 6. Announcements — None. 7. Suggestions for Future Agenda Items a. Receive list of upcoming agenda items and provide suggestions for any other future agenda items COMMITTEE ACTION: Received the list. May 7, 2020 Regular Board Meeting Agenda Packet- Page 168 of 174 Page 5 of 5 Finance Committee Minutes April 21, 2020 Page 4 8. Future Scheduled Meetings Tuesday, May 19, 2020 at 1:00 p.m. Tuesday, June 23, 2020 at 2:00 p.m. Tuesday, July 21, 2020 at 2:00 p.m. 9. Adjournment— at 2:42 p.m. May 7, 2020 Regular Board Meeting Agenda Packet- Page 169 of 174