HomeMy WebLinkAbout00. AgendaLICENTRALSAN
FINANCE COMMITTEE
REGULAR MEETING AGENDA
Chair Lauritzen
Member Pilecki
Tuesday, February 27, 2024
2nd Floor Conference Room
2:30 PM
INFORMATION FOR THE PUBLIC
ADDRESSING THE COM M ITTEE ON AN ITEM ON THE AGENDA
BOARD OF DIRECTORS
WRIAH N. LAUR17ZEN -President
MCHAEL R. WGILL - President Pro Tem
BARBARA D. HOCKETT
TADJ. PILECKI
FLORENCE T. WEDINGTON
PHONE. (925) 225-9500
FAX (925) 372-0192
www.centralsan.org
Anyone wishing to address the Committee on an item listed on the agenda will be heard when the Committee Chair calls
for comments from the audience. The Chair may specify the number of minutes each person will be permitted to speak
based on the number of persons wishing to speak and the time available. After the public has commented, the item is
closed to further public comment and brought to the Committee for discussion. There is no further comment permitted
from the audience unless invited by the Committee.
ADDRESSING THE COMMITTEE ON AN ITEM NOT ON THE AGENDA
In accordance with state law, the Committee is prohibited from discussing matters not calendared on the agenda. You
may address the Committee on any matters not listed on the agenda, and which are within its jurisdiction, under PUBLIC
COMMENTS. Matters brought up which are not on the agenda may be referred to staff for action or calendared on a
future agenda.
AGENDA REPORTS
Supporting materials on Committee agenda items are available for public review at the Reception Desk, 5019 Imhoff
Place, Martinez Not every agenda item is accompanied by written supporting material. Reports and information relating
to agenda items distributed within 72 hours of the meeting to a majority of the Committee are also available for public
inspection at the Reception Desk. During the meeting, information and supporting materials are available in the
Conference Room.
AMERICANS WITH DISABILITIES ACT
In accordance with the Americans With Disabilities Act and state law, it is the policy of Central San to offer its public
meetings in a manner that is readily accessible to everyone, including those with disabilities. If you are disabled and
require special accommodations to participate, please contact the Secretary of the District at least 48 hours in advance
of the meeting at (925) 229-7303 or kvounq@.centralsan.orq.
February 27, 2024 Regular FINANCE Committee Meeting Agenda Packet - Page 1 of 196
1. Call Meeting to Order
2. Public Comments
3. Items for Committee Recommendation to Board
a. Review and recommend approval of expenditures incurred January 12,
2024, through February 15, 2024
Staff Recommendation: Review and recommend Board approval.
b. Receive Budget -to -Actual Expenditure overview through the month of January 2024
Staff Recommendation: Review and recommend Board receipt.
C. Receive Quarterly Financial Review for quarter ending December 31, 2023
Staff Recommendation: Review and recommend Board receipt.
d. Review draft Position Paper to receive the 2023 Annual Deferred Compensation
Report encompassing Central San's 457(b) Deferred Compensation, 401(a) Money
Purchase, and Health Reimbursement Arrangement Plans
Staff Recommendation: Review and recommend Board receipt.
e. Review draft Position Paper and approve updated administrative overhead and
benefits rate of 163 percent for Fiscal Year (FY) 2024-25
Staff Recommendation: Review and recommend Board approval.
f. Review draft Position Paper to authorize the General Manager to execute a contract
with U.S. Bank for banking, investment safekeeping/custody, and merchant card
services for a five-year term
Staff Recommendation: Review and recommend Board approval.
4. Other Items
a. Receive Highmark Other Post -Employment Benefits (OPEB) and Pension
Prefunding Sub -trust Reports for the fourth Quarter of calendar year 2023
Staff Recommendation: Receive reports and provide input to staff.
b. Review Risk Management Loss Control Report as of February 13, 2024
Staff Recommendation: Review and provide input to staff.
5. Announcements
6. Suggestions For Future Agenda Items
a. Receive list of upcoming agenda items and provide suggestions for any other future
agenda items
Staff Recommendation: Receive and provide input to staff.
7. Future Scheduled Meetings
a. Tuesday, March 19, 2024 at 2:30 p.m.
Tuesday, April 16, 2024 at 2:30 p.m.
Tuesday, May 14, 2024 at 2:30 p.m. (Budget Review)
8. Adjournment
February 27, 2024 Regular FINANCE Committee Meeting Agenda Packet - Page 2 of 196