MINUTES
FOR THE FINANCE
COMMITTEE
BOARD OF
DIRECTORS
IRONHOUSE
SANITARY DISTRICT
DATE: November 19, 2013
TIME: Meeting start time 1:35 p.m.
PLACE: Ironhouse Sanitary District Office
450
Walnut Meadows Drive
Oakley,
Ca. 94561
ATTENDANCE: David Huerta, David Contreras, Tom Williams
A. Roll
Call
B. Approval
of the Agenda. M/S David Contreras, David Huerta
C. Public
Comments. No
public comment
D. Approve
Finance Committee meeting minutes of September 17, 2013, and possibly other
previous meetings. M/S
David Contreras, David Huerta and the committee voted to approve the meeting
minutes of September 5, 2013 as drafted.
E. Continued Discussion of financial impacts
related to possible implementation of the Total Compensation Study (TCS)
recommendations; consideration of other implementation alternatives; and
development of a recommendation to the ISD Board.
Mr.
Williams provided an interactive spread sheet display, discussed the basis for
the spreadsheet and the variables involved, and went through several
spreadsheet scenarios, and discussed the financial implications of each. The committee discussed the different
variables, modified variables to view different financial impacts of each, and
discussed near-term and long-term staffing strategies before developing a
committee recommendation position for the December ISD Board meeting. The committee recommended Mr. Williams
develop the language for the upcoming Board agenda item to reflect,
consideration of possible overall staff compensation adjustments between the 43rd
and 45th percentile, with discussion and decision by the Board to
occur at the Board meeting.
F. Discussion
of future items for finance committee and proposed meeting dates. No discussion occurred regarding future
items for the agenda, other than those mentioned at the last committee meeting
and, no decision was made for the next Finance Committee meeting date.
I. Adjournment. The meeting adjourned
at 4:40 p.m.
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