HomeMy WebLinkAboutBoards & Commissions - Firefighter's Relief Pension Board - 04/16/2024 (2) Firefighter's Relief and Pension Board April 16, 2024
Minutes Kent, Washington
Approved - July 16, 2024
BOARD MEMBERS PRESENT: Mayor Ralph, Councilmember Zandria Michaud, Sam
Grubbs, Kim Komoto.
STAFF MEMBERS PRESENT: Paula Painter Finance Director, Susanne Shaw
Senior Financial Analyst, Neill Woods Payroll Supervisor
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
Councilmember Michaud - Present
Kim Komoto - Present
Sam Grubbs - Present
Marvin Berg - Excused
Alternate, Steven Barber - Absent
3. Changes to the Agenda
None. Sam Grubbs moved to approve the agenda as presented, seconded by
Councilmember Michaud. The motion passed unanimously with a vote of 4-0.
4. Approval of Minutes
Berg moved to approve the minutes dated January 16, 2024, seconded by Michaud.
The motion passed unanimously with a vote of 4-0.
S. INFO ONLY: Position No. 2 Election Update
City Clerk Kim Komoto advised Sam Grubbs has been re-elected to an additional two
year term from July 1, 2024 - June 30, 2026.
6. INFO ONLY: LEOFF 1 COLA
Senior Financial Analyst Susanne Shaw advised of the COLA increase of 5.52%
effective April 1, 2024.
7. INFO ONLY: Financial Reports
Finance Director Paula Painter provided details on the Cash and Investments through
December 31, 2023, in addition to details on the investment portfolio.
Painter reviewed the Statement of Revenues and Expenses through December 31,
2023, and provided details on the Fire Insurance Premium Tax and Interest Income.
S. Adiournment
At 3.33 p.m., Mayor Ralph clare he meeting adjourned.
Kimberley A. Moto
Firefighter's lief and Pension Board Secretary
April 16, 2024
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