HomeMy WebLinkAbout2013-11-25 - Finance-Accounting Committee Meeting MinutesMINUTES OF THE
YORBA LINDA WATER DISTRICT
FINANCE - ACCOUNTING COMMITTEE MEETING
Monday, November 25, 2013, 12:00 p.m.
1717 E Miraloma Ave, Placentia CA 92870
1. CALL TO ORDER
The November 25, 2013 meeting of the Yorba Linda Water District's Finance -
Accounting Committee was called to order by Director Hawkins at 12:00 p.m.
The meeting was held in the Admin Conference Room at the District's
Administration Building located at 1717 East Miraloma Avenue in Placentia,
California 92870.
2. ROLL CALL
COMMITTEE
Director Phil Hawkins, Chair
Director Gary T. Melton
3. PUBLIC COMMENTS
None.
4. DISCUSSION ITEMS
5.
STAFF
Steve Conklin, Acting General Manager
Delia Lugo, Acting Finance Manager
4.1. Budget to Actual Results for October 2013
Mrs. Lugo reviewed the October 2013 Budget to Actual Results report with
the Committee. It was noted that there were no significant items to report
at this time.
4.2. Investment Report for Period Ending October 31, 2013
Mrs. Lugo presented the Investment Report for the Period Ending October
31, 2013. She noted that the average yield for the reporting month is
0.67. A hand -out that reports the use and available balance of the Line of
Credit between the District and Wells Fargo Bank was available for review
and discussion. There were no other key items to discuss.
4.3. Future Agenda Items and Staff Tasks
None.
ADJOURNMENT
5.1. The meeting was adjourned at 12:55 p.m. The next Finance - Accounting
Committee meeting is scheduled to be held Monday, December 16, 2013
at 12:00 p.m.