HomeMy WebLinkAboutMinutes - Finance & Human Resources Committee - 04/09/2018Approved October 31 , 2018
EAST VALLEY WATER DISTRICT April 9, 2018
FINANCE AND HUMAN RESOURCES STAND ING COMMITTEE MEETING
MINUTES
Ms. Koide called the meeting to order at 3:31 p.m. and Ms. Bryan led the flag salute.
PRESENT:
ABSENT:
STAFF:
. GUEST(s):
PUBLIC COMMENTS
Directors: Coats, Morales
None
John Mura, General Manager/CEO; Brian Tompkins, Chief Financial
Officer; Kerrie Bryan, Human Resources/Risk & Safety Manager;
Christi Koide, Sr. Administrative Assistant
Members of the public
The Sr. Administrative Assistant declared the public participation section of the
meeting open at 3:33 p.m.
There being no written or verbal comments, the public participation section was closed.
REVIEW UPDATE TO INVESTMENT POLICY 7.6
The Chief Financial Officer discussed the following changes made to the Policy: All bond
issue participants must now disclose any fee sharing arrangements to the CFO/Treasurer
prior to execution of transactions; the Local Agency Investment Fund (LAIF) deposit
maximum is $65 million; the District can invest no more than 5% of the District's
portfolio in a single security type with a single financial institution; and the
CFO/Treasurer is responsible for establishing and maintaining an internal control
structure to protect the District against loss, theft, or misuse of investments.
REVIEW UPDATES TO THE COMPENSATION AND FACILITY USE POLICIES
The Human Resources/Risk & Safety Manager reviewed updates to the Compensation
Program and Facility Use Policies. She stated that the Compensation Program Policy
now reflects Pay for Performance revisions approved by the Board with the
Memorandum of Understanding Between the East Valley Water District and the East
Valley Water District Employee Partnership and Non-Represented Employees' Salaries,
Benefits, and Related Programs 2017-20 document; and she stated there was one
update to the Facility Use Policy to revise the alcohol fee to include bartenders and
security guards based on the number of attendees and type of event.
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Minutes 4/9/18 cmk
DISCUSS UPCOMING FINANCE AND HUMAN RESOURCES COMMITTEE MEETINGS
The Committee has agreed to meet on the second Tuesday of the month starting in
July, and that the May 22, 2018 and June 26, 2018 meetings be canceled.
ADJOURN
The meeting adjourned at 3:47 p.m.
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rales, Jr:,--
ing Board Member
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Ronald L. Coats,
Governing Board Member
Minutes 4/9/18 cmk