HomeMy WebLinkAbout2023-05-25 - Board of Directors Meeting Minutes1.
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MINUTES OF THE
YORBA LINDA WATER DISTRICT
BOARD OF DIRECTORS SPECIAL MEETING
Thursday, May 25, 2023, 3:00 p.m.
1717 E Miral®ma Ave, Placentia CA 92870
PARTICIPATION INSTRUCTIONS
Were included on the agenda.
CALL TO ORDER
The meeting was called to order at 3:00 p.m.
PLEDGE OF ALLEGIANCE
General Manager Toy led the pledge.
4. ROLL CALL
5.
DIRECTORS PRESENT
Brett R. Barbre, President
Trudi DesRoches, Vice President
Tom Lindsey,
Phil Hawkins
J. Wayne Miller, Ph.D.
2023-051
STAFF PRESENT
Mark Toy, General Manager
Doug Davert, Assistant General Manager
Gina Knight, Human Resources and Risk Manager
Rosanne Weston, Engineering Manager
Annie Alexander, Board Secretary
Malissa Muttaraid, Interim Public Affairs Officer
Sophia Phuong, Accounting Supervisor
ALSO PRESENT
Art Kidman, General Counsel, Kidman Gagen Law LLP
AB 2449 TELECONFERENCE REQUESTS
None.
6. PUBLIC COMMENTS
None.
Minutes of the YLWD Board of Directors Special Meeting Held May 25, 2023 at 3:00 p.m.
2023-052
7. DISCUSSION ITEMS
7.1 Draft Operating Budget for Fiscal Year 2023-24
Staff reviewed projected salary related expenses,' debt service ratio for the
water fund, debt coverage analysis, and key points of the proposed budget.
Discussion touched on reserve types, historical contributions, and targets,
restrictions on projected pass through revenues in comparison to expenses,
and updating the 2021 Water and Sewer Rate Study. Topics -also included
customer messaging, components of pass through expenses, projected
variable and fixed expenses, impact on an average customer's monthly bill,
depreciation calculation percentage, and status of the Water Master Plan
update. Staff then reviewed projected expenses for capital projects and
outlay for FY22-23 and budgeted expenses for FY23-24, and projections for
remaining bond funding at FYE24-25.
Al Nederhood, resident, commented against the projections contained in the
Rate Study, optimizing groundwater production, proposed budgeted
expenses for FY23-24, and projected net income for FY22-23.
Discussion continued regarding the budget process and timing for completing
a future compensation study. Vice President DesRoches requested an
agenda item for the June 15, 2023 Board meeting to review the General
Manager's performance over the past 6 months. President Barbre requested
staff arrange for MWDOC Directors Karl Seckel or Larry Dick to brief the Board
on the Colorado River deal at a future meeting. He also noted that a
representative from SoCal Gas had requested a tour of District gas -powered
facilities which was scheduled for June 14, 2023 at 10:00 a.m. President Barbre
then requested staff report on the current, status of collections for FY22-23
Capital Finance Charges, develop an informational brochure on the District's
heli -hydrants for neighboring residents, and a future agenda item to consider
supporting S. 1429, S. 1430, S. 1432 and S. 1433.
8. ADJOURNMENT
8.1. The meeting was adjourned at 4:14 p.m. in memory of Dr. Allan Bernstein.
Board Secretary
Minutes of the YLWD Board of Directors Special Meeting Held May 25, 2023 at 3:00 p.m.