HomeMy WebLinkAboutFinal Agenda Packet• •
ra 0•l .14 11
Regular Meeting
7th Floor -Mayor's Conference Room
Thursday, May 15, 2014
2:00 P.M.
1. CALL TO ORDER
2. APPROVAL OF MINUTES OF MARCH 20, 2014
3. CORRESPONDENCE
Annual Certification for Fire Insurance Premium Distribution
4. MONTHLY STATEMENTS FOR MAR 31 & APR 30, 2014
5. MONTHLY BILLS AND PENSION PAYMENTS
6. UNFINISHED BUSINESS
7. NEW BUSINESS
8. ADJOURNMENT
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''�✓ MINUTES �'�'
FIREMEN'S PENSION BOARD
CITY OF RENTON
March 20, 2014
Denis Law, Mayor
Terri Briere, Council Finance Committee Chair
(Substitute: Marci Palmer, Council Finance Committee Vice-Chair)
Bonnie Walton, City Clerk
Ray Barilfeaux, Fire Department Representative
Bruce Phillips, Fire Department Representative
Chuck Christensen, Fire Department Alternate
The regular meeting of the Firemen's Pension Board was called to order by Board Member Ray Barilleaux at
2:00 p.m. in the Mayor's Conference room, 7th floor of Renton City Hall. In attendance were Board members
Ray Barilleaux, Bonnie Walton, and Chuck Christenson (alternate). Also present was Jill Masunaga, Finance
Department Representative.
MINUTES APPROVAL
MOVED BY WALTON, SECONDED BY CHRISTENSON, THE PENSION BOARD APPROVE THE MINUTES OF THE
JANUARY 16, 2014 MEETING. CARRIED.
CORRESPONDENCE
A memorandum from Mark Peterson, Fire Chief and Emergency Services Administrator was reviewed.
Peterson confirmed that by unanimous vote of the Department, Bruce Phillips was re-elected to a two-year
term of office on the Firemen's Pension Board for the period January 1, 2014 through December 31, 2015.
MONTHLY STATEMENT
The financial reports for December 31, 2013 (final),January 31, 2014, and February 28, 2014 were reviewed.
Total cash/investment balance as of February 28, 2014, was $4,760,435.79.
MONTHLY BILLS AND PENSION PAYMENTS
MOVED BY CHRISTENSON, SECONDED BY WALTON, THE BOARD APPROVE THE PENSION PAYMENTS FOR
FEBRUARY AND MARCH 2O14 IN THE AMOUNT OF $15,019.03 FOR EACH MONTH RESPECTIVELY TO BE PAID
FROM THE FIREMEN'S PENSION FUND. CARRIED.
NEW BUSINESS
Discussion took place regarding the need and options for obtaining current contact information for pension
recipient Connie Haworth. Board Secretary Walton stated she would again seek the current information.
ADJOURNMENT
MOVED BY CHRISTENSON, SECONDED BY WALTON, THE MEETING OF THE FIREMEN'S PENSION BOARD BE
ADJOURNED. CARRIED. Time: 2:18 p.m.
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Bonnie I. Walton, City Clerk
Member and Secretary, Firemen's Pension Board
Next Meeting: July 17,2014
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Denis Law "�""` _ `rrr�
Mayor � � � � � � �Cl� Of.,, �Y �
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City Clerk -Bonnie I.Walton
May 8, 2014
Office of the State Treasurer
Attn: James Porter, Distribution Assistant
P.O. Box 40209
Olympia, WA 98504-0209
Re: ` May 2014 Fire Insurance Premium Distribution
Dear Mr. Porter:
The following information is provided in compliance with RCW 41.16.050 in order for
the City of Renton to receive the annual fire insurance premium tax:
There were 138 paid firemen employed in the City of Renton Fire Department as of
December 31, 2013.
Sincerely,
���,�.��. �.tJ�.��f"-o�-
Bonnie I. Walton .
City Clerk
CERTIFICATlON
I, Bonnie L Walton, duly appointed and qualified City Clerk of and for the City of Renton,
Washington, do,hereby certify that the above-cited information is true and correct as
appearing on file in the records of the Renton Finance Departm�nt. Signed and sealed
this 8th day of May 2014.
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Bonnie 1. Walton, City Clerk
1055 South Grady Way• Renton,Washington 98057• (425)430-6510/Fax(425)430-6516• rentonwa.gov
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CITY OF RENTON - FIREMEN'S PENSION FUND
CASH & INVESTMENT ACTIVITY REPORT
AS OF MARCH 31, 2014
Fireman's Pension Fund Comparison of Cash and Investment Activitv
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CITY OF RENTON - FIREMEN'S PENSION FUND
CASH & INVESTMENT ACTIVITY REPORT
AS OF APRIL 30, 2014
Report will be distributed at the meeting on Thursday, May 15, 2014
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2014.xIsWpril14 draft (2) Page 1 5/6/2014
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CITY OF RENTON - FIREMEN'S PENSION FUND
CASH & INVESTMENT ACTIVITY REPORT
AS OF APRIL 30, 2014
Fireman's Pension Fund Comparison of Cash and Investment Activity
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BEGINNING CASH/INV BALANCE $4,746,554.57 $4,790,246.57 $4,615,528 $4,505,541.84 $4,556,003.05 $4,556,003
RECEIPTS:
Fire Insurance Premium Tax 0.00 0.00 100,000 0.00 128,865.67 100,000
Investment Interest 169.26 2,534.35 200,000 843.93 298,795.36 200,000
DISBURSEMENTS:
Fire Pension 14,169.23 60,226.32 225,000 15,040.34 188,942.51 225,000
Fire Pension Medical 0.00 0.00 0 0.00 0.00 0
Office/Operating Supplies 0.00 0.00 475 0.00 475.00 475
Actuarial/Firemen's Pens 0.00 0.00 15,000 4,000.00 4,000.00 15,000
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CASH/State Investment Pool $2,586,981.47 $2,600,748.83 $2,165,507.08 $2,184,316.39
INVESTMENTS:
Federal National Mortgage Assn 99,555.84 99,555.84 99,555.84 99,555.84
Treasury Strips&Zero Coupon Bonds 2,038,263.18 2,038,263.18 2,217,524.06 2,217,524.06
Interest Receivable 7,754.11 7,986.72 4,758.45 4,145.55
T"C��`��t�lA �i�11��ix ��'�1tlE"�'� '�'���1,��P;ti����� , � � ��.,;����,�r' 4r:��g ,7�2,55�;�� �,°.,;���4,�7 F��;487���n�� �`_�, ��,5�1:����
The State Investment Pool interest 0.1011% 0.1138% 0.1670% 0.1789%
H:\FINANCE\FINPLAN\FIREPEN\1_Fire_Pension_2014.xIs�Apr14 final Page 1 5/15/2014
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FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR APRIL, 2014
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����x��i�u�``" �hi'��y ii P.��hr:i� ��� �;;��j�r i�3 „�"„��,��il��*;nl`� 7 hs i .���J�;����.� �(r `i�it.,fYl (�k��H,fi 4� �"`����(}��b - 'i';
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* ANKENY,Charlie(Captain) - -
* BARILLEAUX, Ray(Battalion Chief) - -
* BEATTEAY, Karlen (Widow) $95.24 95.24
* BERGMAN,Claudette(Widow) $14.30 1430
* CHRISTENSON,Chuck(Firefighter) $102.49 102.49
* GEISSLER, Dick(Fire Chief) - -
* GOODWIN, Kathryn Lorayne(Widow) $906.63 906.63
HAWORTH,Constance(Widow) $3,187.19 3,187.19
HURST,Gerald(Firefighter)(d 01/03/2014) - -
* JONES, Evelyn M. (Widow) $110.19 110.19
* LARSON,William (Firefighter) - -
* LAVALLEY,Theodele(Captain) $185.19 185.19
* MATTHEW,James(Deputy Chief) - -
* MC LAUGHLIN, Barbara M. (Widow) $865.46 865.46
* NEWTON,Gary(Lieutenant) $112.29 112.29
* NICHOLS,Gerald(Battalion Chief) $389.99 389.99
* PARKS-ANDREASON,Arlene(Widow) $67.19 67.19
* PHILLIPS, Bruce H. (Deputy Chief) $49.41 49.41
* PRINGLE,Arthur(Captain) $312.56 312.56
PRINGLE,S.Joan (Widow) $2,738.15 2,738.15
* RIGGLE, David E.(Firefighter D Step) - -
* RUPPRECHT,Jim(Firefighter D Step) - -
* SMITH, Leroy(Firefighter) $291.52 291.52
STROM, Doris(Widow) $3,495.34 3,495.34
* TODD,Tess R. (Widow) $35639 356.39
* TONDA, Lila Jean(Widow) - -
* VACCA, Nick(Lieutenant) $162.49 162.49
* WALLS,Camille(Widow) - -
* WALLS, Mercedes(Widow) - -
* WEI55,Cheryl(Widow) $618.70 618J0
* WILLIAMS,Alta (Widow) - -
* WOOTEN, Marilyn E.(Widow) $108.51 108.51
''i��. y p�" ,, ;���".v. �T � ��"�,ru�,��s' ����=�T ,� ���� �;�C�1! $��;�.��:�3.
* Adjusted to reflect a 1.22%LEOFF cost of living increase effective April 1.
Prior Year Pension/Medical Payments:
Total Pension Payments for April, 2013 15,040.34
Total Medical Bills Reimbursed in April, 2013 0.00
Total Expenses: Medical/Pension 15,040.34
4_SUMMARY 2014.x1s 4/8/2014
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FIREMEN'S PENSION BOARD
PENSION/MEDICAL PAYMENTS FOR MAY,2014
�,�i�� �' �� �, N �� ��', �� � l�a�u�a'"�i�r�`�'�k �iu�i i� ���'P r � ��t���a I � �`°�;
r�m � m � , Jae. �'�,a �� �� ��' i �i � � �e9���.� ��i
ANKENY,Charlie(Captain) - -
BARILLEAUX, Ray(Battalion Chief) - -
BEATTEAY, Karlen(Widow) $95.24 95.24
BERGMAN,Claudette(Widow) $14.30 14.30
CHRISTENSON,Chuck(Firefighter) $102.49 102.49
GEISSLER, Dick(Fire Chief) - -
GOODWIN, Kathryn Lorayne(Widow) $906.63 906.63
HAWORTH,Constance(Widow) $3,187.19 3,187.19
HURST,Gerald(Firefighter)(d 01/03/2014) - -
JONES, Evelyn M.(Widow) $110.19 110.19
LARSON,William (Firefighter) - -
LAVALLEY,Theodele(Captain) $185.19 185.19
MATTHEW,James(Deputy Chief) - -
MC LAUGHLIN, Barbara M.(Widow) $865.46 865.46
NEWTON,Gary(Lieutenant) $112.29 112.29
NICHOLS,Gerald (Battalion Chief) $389.99 389.99
PARKS-ANDREASON,Arlene(Widow) $67.19 67.19
PHILLIPS, Bruce H.(Deputy Chief) $49.41 49.41
PRINGLE,Arthur(Captain) $312.56 312.56
PRINGLE,S.Joan (Widow) $2,738.15 2,738.15
RIGGLE, David E.(Firefighter D Step) - -
RUPPRECHT,1im(Firefighter D Step) - -
SMITH, Leroy(Firefighter) $291.52 291.52
STROM, Doris(Widow) $3,495.34 3,495.34
TODD,Tess R. (Widow) $356.39 356.39
TONDA, Lila Jean (Widow) - -
VACCA, Nick(Lieutenant) $162.49 162.49
WALLS,Camille(Widow) - -
WALLS, Mercedes(Widow) - -
WEISS,Cheryl(Widow) $618.70 618.70
WILLIAMS,Alta (Widow) - -
WOOTEN, Marilyn E.(Widow) $108.51 108.51
�°',a"�r� �`',t, i" f �to t�. i ii ����" r�w 7-�. �iI a��� ;�� -- � i,„` �+ �"'` ° �"r' A,aj�� �I
q�'r;� ���� ��� :_ ?S �P����� _�' r � �-,�''�)� � ��h�� �`���H.i�*.r�I � �-4%r�;��, «f �`�'�.
Prior Year Pension/Medical Payments:
Total Pension Payments for May, 2013 15,040.34
Total Medical Bills Reimbursed in May,2013 0.00
Total Expenses: Medical/Pension 15,040.34
4_SUMMARY 2014.x1s 5/6/2014