BGJWSC_Finance_Committee_Meeting_September_15,_2015<\/a><\/p>\nTo read the minutes, please open or download the pdf from the link above or you may see more below: <\/p>\n
PRESENT:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Donald Elliott, Chairman<\/p>\n
Ronald E. Perry, Commissioner<\/p>\n
John Cason, Commissioner<\/p>\n
John Donaghy, Chief Financial Officer<\/p>\n
Steve Swan, Executive Director<\/p>\n
ALSO PRESENT:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Thomas Boland, Commissioner<\/p>\n
Chairman Elliott called the meeting to order at 2:00 PM.<\/p>\n
PUBLIC COMMENT PERIOD<\/strong><\/p>\nThere being no citizens who wished to address the Commission, Chairman Elliott closed the Public Comment Period.<\/p>\n
APPROVAL<\/strong><\/p>\nCommissioner Cason made a motion seconded by Commissioner Perry to adopt the minutes of the September 1, 2015 Finance Committee meeting. Motion carried 3-0-0. <\/u><\/p>\n
DISCUSSION<\/strong><\/p>\nRevenue Projections for 2015 – 2016<\/strong> \u2013 J. Donaghy<\/p>\nJohn Donaghy addressed the Committee to discuss the revenue projection stating the bottom line has been basically flat and not really growing. The forecast for 2016 was based on expense and need for revenue to meet goals.\u00a0 There has not been a rate resolution and will need one to meet all goals.\u00a0 Steve Swan added that across the state the revenue has been going down.\u00a0 People are generally conserving water and using less.\u00a0 Other costs and incidents were discussed. It was stated that the staff are investigating 6-8 major complexes that were found to have the meters turned off.\u00a0 John Donaghy continued stating that JWSC is financially sound and our bonds are insured which helps our ratings.\u00a0 The Commission Report was discussed which included leak adjustments.\u00a0 Steve Swan suggested next years\u2019 budget should include leak and pool adjustments.\u00a0 John Donaghy stated he is meeting with a different operating division each week to discuss the budget.\u00a0 The vehicles were discussed as capital purchases. Steve Swan updated the Committee on the burner and stated it will be replaced and the line item will change significantly.\u00a0 John updated the Committee on the conversion with Innoprise and stated Kalem Head, Meter Reading Supervisor, downloads the meter readings and uploads to the GEMS program.\u00a0 He has been testing the software and is doing a great job.\u00a0 Commissioner Boland stated the money allotted for the new Administration Building will not be on the balance sheet as it was paid for out of a separate fund.<\/p>\n
Water Meter Presentation \u2013<\/strong> K. Head<\/p>\nKalem Head presented a Water Meter Presentation. He explained what the meters infrastructure is and how it works.\u00a0 There were questions asked about what happens if the meter is struck my lightening.\u00a0 Kalem\u2019s research found 1 incident in which a meter exploded due to a lightening strike.\u00a0 It was very unlikely where a lightening strike would cause a spike in the meter readings.\u00a0 It was suggested that a question and answer section be added to the website to help answer customers questions like irrigation and confirmation of billing accuracies.\u00a0 The newer meters can allow customers to view their usage on line.<\/p>\n
R&R Capital Projects<\/strong> \u2013 T. Kline<\/p>\nMr. Swan requested the R&R Capital Project be deferred until later. He stated many of the agreements were verbal and the staff is finalizing the projects.<\/p>\n
Director\u2019s Update<\/strong><\/p>\nMr. Swan updated the Committee members on upcoming events and stated the Master Plan is proceeding forward. He continued stating the new fire hydrants on Buckswamp Road are tagged \u201cout of service\u201d due to unfinished contracts to be closed by the county.<\/p>\n
There being no additional business to bring before the Finance Committee, Chairman Elliott adjourned the meeting at 3:30 PM.<\/p>\n","protected":false},"excerpt":{"rendered":"
For your consideration, please review the minutes for the Finance Committee Meeting from\u00a0September 15, 2015: BGJWSC_Finance_Committee_Meeting_September_15,_2015 To read the minutes, please open or download the pdf from the link above or you may see more below:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[18],"tags":[],"class_list":["post-3514","post","type-post","status-publish","format-standard","hentry","category-finance-committee-minutes"],"_links":{"self":[{"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=\/wp\/v2\/posts\/3514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3514"}],"version-history":[{"count":0,"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=\/wp\/v2\/posts\/3514\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.goldenisleslepc.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}