HomeMy WebLinkAboutMinutes - Finance & Human Resources Committee - 10/01/2019Approved January 14, 2020
EAST VALLEY WATER DISTRICT
FINANCE AND HUMAN RESOURCES COMMITTEE MEETING
MINUTES
October 1, 2019
Ms. Koide called the meeting to order at 3:30 p.m. and Director Coats led the flag
salute.
PRESENT:
ABSENT:
STAFF:
GUEST(s):
PUBLIC COMMENTS
Directors: Coats, Morales
None
Nate Paredes, Business Services Manager; Rudy Guerrero,
Accountant; Christi Koide, Senior Administrative Assistant
Members of the public
The Senior Administrative Assistant declared the public participation section of the
meeting open at 3:32 p.m.
There being no written or verbal comments, the public participation section was closed.
APPROVE THE AUGUST 14, 2018 FINANCE AND HUMAN RESOURCES COMMITTEE
MEETING MINUTES
M/S/C (Coats-Morales) to approve the August 14, 2018 Finance and Human
Resources Committee meeting minutes as submitted.
REVIEW AUDITOR'S COMMUNICATION LETTER WITH THOSE CHARGED WITH
GOVERNANCE
CliftonLarsonAllen, LLC (CLA) gave a brief overview of the Statement of Auditing
Standards 114 (SAS 114) and discussed the following: financial statement disclosures,
new accounting guidance GASB 88, land acquisition, and required supplementary
information.
Information only.
REVIEW TRANSFER OF UNCLAIMED FUNDS INTO THE DISTRICT GENERAL FUND
The Business Services Manager stated that staff made significant efforts to contact
District customers who are listed on both lists for unclaimed funds and will continue to
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follow the procedure to notify these customers, by publishing notices in newspapers
and posting on the District's website.
Director Coats inquired about the $10,712.12 balance of the liability account and the
Accountant clarified that this account also includes checks younger than three years
and will continue to fluctuate as checks are cashed.
Directors Coats and Morales recommend that this item be brought to the full Board for
approval.
Information only.
DISCUSS UPCOMING FINANCE AND HUMAN RESOURCES COMMITTEE MEETINGS
The Committee discussed and agreed to reschedule the meetings on November 12, 2019
to November 4, 2019; and December 10, 2019 to December 2, 2019.
ADJOURN
The meeting adjourned at 4:06 p.m.
orales, Jr.
overning Board Member
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~~/C;J-
Ronald L. Coats
Governing Board Member
Minutes 10/1/19 cmk