HomeMy WebLinkAboutBoards & Commissions - Firefighter's Relief Pension Board - 01/16/2024 (2) Firefighter's Relief and Pension Board January 16, 2024
Minutes Kent, Washington
Approved April 16, 2024
BOARD MEMBERS PRESENT: Mayor Ralph, Council President Bill Boyce, Sam
Grubbs, Marvin Berg and Kim Komoto.
STAFF MEMBERS PRESENT: Paula Painter Finance Director, Susanne Shaw
Senior Financial Analyst.
1. Call to Order
The meeting was called to order at 3:30 p.m., with Mayor Ralph presiding.
2. Roll Call
Mayor Dana Ralph - Present
Council President Bill Boyce - Present
Kim Komoto - Present
Sam Grubbs - Present
Marvin Berg - Present
Alternate, Steven Barber - Absent
3. Changes to the Agenda
None. Sam Grubbs moved to approve the agenda as presented, seconded by Marvin
Berg. The motion passed unanimously with a vote of 5-0.
4. Auoroval of Minutes
Berg moved to approve the minutes dated July 18, 2023, seconded by Grubbs. The
motion passed unanimously with a vote of 5-0.
5. INFO ONLY• Second and Third Quarter 2023 Financial Reports
Finance Director Paula Painter provided details on the Cash and Investments through
September 30, 2023, in addition to details on the investment portfolio.
Painter reviewed the Statement of Revenues and Expenses through September 30,
2023 and provided details on the Fire Insurance Premium Tax and Interest Income.
6. INFO ONLY: CPI Increase
Senior Financial Analyst Susanne Shaw provided details on the LEOFF 1 COLA
increase of 4.5%.
7. Adjournment
At 3:35 p.m., Mayor Ralph eclare the meeting adjourned.
Kimberley AV
Firefighter's ension Board Secretary
January 16,
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