May 7, 2020 BOD Meeting Minutes

Posted on May 13, 2020

Board Members Present                                                   

  • J. Carson, President
  • T. Rekar, Vice President
  • R. Williamson, Secretary
  • P. Malchow, Sgt-at-Arms
  • L. Warnes, Treasurer
  • J. Cowan
  • B. Walsh
  • S. Warren
  • D. Holland

Staff Members Present

  • S. Dillon, Executive Director
  • R. Keller, Office Manager

Excused

  • T. Kippel
  • P. Farmer
  • T. Toth
  • S. Carbonara-Ramos

Guest:

  • Chief Vince Niski

Meeting called to order at 11:00am

Board Discussion Items

  • Chief Niski: Chief Niski provided an update on the budget, noting that as of the meeting, there were no finalized plans for additional cuts. April sales tax data and distribution of the $37 million Cares Act funds will help determine next steps.
  • Loan Update: ENT approved the PPA’s request to restructure the current building loan to a 10-year mortgage with a lower interest rate than we now pay.  The current loan would leave the PPA with a balloon payment at the end of the term, whereas the restructure will permit the building to be paid in full at the end of the 10 years, and provide a substantial savings in interest over time.
  • Membership/Benefits: The Board voted to increase Civilian dues, beginning January 1, 2021, to be equal to that of Sworn members ($27.91 per pay period).  This is because benefits are identical regardless of whether a member is a Sworn or Civilian CSPD employee.
    • 1st: J. Cowan
    • 2nd: L. Warnes
    • Motion passed on a 5/4 vote
  • Job Sharing: Sworn employees of CSPD may submit a request to job share, however, it requires coordination by the interested officers to match division and shift.  More information can be obtained from Heather Edwards in CSPD’s HR department.
  • Small Donor Fund Request: A campaign contribution request was submitted to the Board, however, it did not go forward as a motion was not made.
  • Financial Report:
    • 1st: P. Malchow
    • 2nd: D. Holland
    • All in Favor
Investment Accts.     March 2020 February 2020 January 2020 December 2019 November 2019 October 2019
Checking $106,509.21 $97,381.05 $100,991.60 $71,276.65 $101,153.66 $109,195.71
Gen. Invested Fund $300,922.94 $339,666.72 $354,333.46 $355,606.78 $348,646.08 $341,731.97
Fallen Officers Fd. $142,883.56 $162,176.06 $168,928.61 $169,298.69 $166,239.02 $163,489.63
Totals $550,315.71 $599,223.83 $624,253.67 $596,182.12 $616,038.76 $614,417.31

 

Small Donor Account:             March 2020                     March 2019

                                                      $23,244.00                           $ 24,244.00

Meeting adjourned at 12:30