1. Call to Order.
10:12 a.m.
2. Roll.
Directors Amoroso and Comstock present; General Manager Jennifer
Blackman also present.
3. Approve Minutes of the April 14, 2014
Committee Meeting.
The Committee deferred consideration
of the April 14, 2014 committee meeting minutes until the next regular BCPUD
Board meeting.
4. Draft
Fiscal Year 2014-15 Budget; Community Mailer.
Staff presented an overview of the
fiscal year 2014-15 budget, which was revised to reflect the comments and
suggestions of the Committee at the most recent Committee meeting. Staff noted that the district made its final
payment on the 1993 water system improvement loan in June, so this debt (more
than $30,000 annually) will no longer be on the district’s books. The Committee reviewed the budget on a
line-by-line basis, as well as individual sub-budgets prepared by staff for the
capital improvement projects planned for the upcoming fiscal year. The Committee also reviewed revised reports
on the projected change in the levels of the district’s outstanding debt and
the amounts in the district’s reserve accounts as a result of the proposed
budget. Finally, the Committee devoted
the remainder of the meeting to a review of the text of a community mailer
prepared by staff to be mailed to all customers along with a copy of the
proposed budget, which does not
propose any increases to the annual service charges for the water, sewer or
septic/drainage enterprises.
5. Community Expression.
None.
6.
Adjournment.
11:50 a.m.