Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Fiscal Policies topic
No spam. Unsubscribe anytime.
Recycling district approves year-end transfers, accounting updates and routine contracts
Summary
The board approved minutes and financials, adopted updated accounting policies (including a $2,500 capital threshold and new depreciation rules), approved a credit-card rewards redemption policy, and passed resolutions and renewals covering ordinary claims and a warehouse lease.
At its year-end meeting, the Recycling & Waste Reduction District approved a suite of routine fiscal and governance actions.
The board approved minutes for the Sept. 18 meeting and financial statements for September through November by voice vote. It adopted Resolution 2025-04 (ordinary claims), which authorizes processing payroll and bills up to $50,000 and lists current vendors. The board also approved Resolution 2025-05 to enact year-end transfers among major general-fund categories to cover contractual and line-item needs.
Staff presented an update to internal accounting policies (Resolution 2025-06). The board approved changes including raising the capital asset threshold to $2,500 from $1,000 and switching to half-year depreciation for newly added assets. Jane, the district assistant director/controller, explained the tweaks and why the State Board of Accounts recommendation guided the change.
The board also amended its credit-card policy to formalize annual redemption of rewards, directing any cashback or points be deposited into the district general fund. Other approvals included a two-year warehouse storage lease renewal, the renewal of a website/marketing contract with JCMA (including a one-time $4,000 website revamp fee), and an annual bad-debt write-off of one invoice for $30.
All fiscal motions were moved, seconded and approved by voice vote; no recorded roll-call tallies for individual members were provided in the transcript.
