Oct 12, 2016BoardMeeting
BoardOrange County Fire Authority Budget and Finance Committee Regular Meeting
The committee received an orientation regarding its functions and processes. Key agenda items included reviews of the Fourth Quarter Financial Newsletter and a quarterly status update on the Orange County Employees' Retirement System. The committee directed staff to proceed with updated Cost Reimbursement Rates and reviewed monthly investment reports. There was extensive discussion on the Community Risk Reduction Fee Development and the necessity for new subcontractor insurance requirements to ensure the authority is named as an additional insured. Additionally, the committee members shared comments regarding various memorial tributes for firefighters.