GOLD MOUNTAIN COMMUNITY SERVICES DISTRICT BOARD OF DIRECTORS VIRTUAL ZOOM MEETING MINUTES Monday, June 22nd 9 2020 @ 10:00am A CALL MEETING TO ORDER: The meeting was called to order at 10:00am Present Via- Zoom: President Cary Curtis, Vice President: Kathryn Kogge, Board Member Kim Seney, Financial Director Rene St. Pierre Present Via- Zoom: General Manager: Rich McLaughlin, Administrative Manager: Tiana Bradley, Assistant General Manager/Lead Operator: Skyler Allingham Absent: None B PUBLIC COMMENT: There was no Public Comment. OLD BUSINESS: 1. ADOPTION OF THE 2020/21 BUDGET: Administrative Manager Bradley presented for discussion and action the final draft of the 2020/21 budget. The Water/Sewer Budget shows an operating expense of $513,088, an increase in income of $708.00 due to a transfer from Fidelity Investments of $30,000 to offset expenses. A projected reserve balance of $471,145 after $180,000 in projected expenses. The Fire budget includes an Operations & Special Projects expense of $108,048, an increase of income of $452.00, due to a Fire Tax increase in rates. a capital reserve acct of, $152,566 which encompasses, an annexation reserve of$30,000 a fuel break reserve of $20,000 and an un-allocated amount of $102,566, with an increase in income of $566.00 after $152,000 in projected expenses. Wages for Water & Sewer show an increase of $53,817.00 over the 2019/20 fiscal year, to due cost ofl living raises and the hiring of a full-time Operator 1. Wages for Fire show in an increase of $8,161.00 due to cost of living raises and increased hours of work. Lastly, the 2020/21 included for the first-time a projected combined capital reserve income increase of $30,000, $20,000 for Connection Fees & $10,000 Water Consumption Charges. Financial Director St. Pierre made the motion to adopt the 2020/21 Budget. Board Member Seney seconded the motion. Roll Call: President Curtis Yes, Vice President Kogge - Yes, Financial Director St. Pierre- Yes, Board Member Seney - Yes, Motion Approved D ADJOURN: The meeting adjourned at 10:37am. These minutes were approved by the Board of Directors of the Gold Mountain Community Services District at the regular Board meeting on July 17th, 2020. h Lavetn Cary Curtig/President Atest: Tiana Bradley, District Secretary In compliance with the Americans with Disability Act, if you. are a disabled person and you need disability-related modifications or accommodations to participate in this meeting, then please contact District Secretary at 530-832-5945. Request must be made as earlyv as possible. and at least one full business dav before the start of the meeting.