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HomeMy WebLinkAbout2010-09-20 RMLD General Manager Committee MinutesReading Municipal Light Board of Commissioners General Manager Committee Minutes September 20, 2010 Start Time of Committee Meeting: 7:30 p.m. End Time of Committee Meeting. 8:00 p.m. Attendees: Commissioners: Chairman O'Neill, Messrs. Hahn and Pacino The meeting was called to order at 7:30 p.m. The only item on the agenda, the performance plan for fiscal year 2011 for the general manager of the RMLD, was discussed. Minor modifications and updates to the current evaluation tool were proposed and considered. Mr. Hahn made a motion, seconded by Mr. Pacino, to recommend that the RMLD Board of Commissioners approve the Performance Plan for the General Manager for July 2010 to July 2011 as revised at this meeting. Motion carried 3:0:0. At 8:00 p.m. Mr. Hahn made a motion seconded by Mr. Pacino, to adjourn. Motion carried 3:0:0. A copy of the new performance plan is attached. PERFORMANCE REVIEW READING MUNICIPAL LIGHT DEPARTMENT GENERAL MANAGER PROCESS The Board of Commissioners (Board) of the Reading Municipal Light Department (RMLD) is responsible for hiring and evaluating the General Manager (GM), setting his/her compensation and establishing policies that guide the GM in the operations of the RMLD, according to Chapter 164 of the Massachusetts General Laws. The Board has established the following seven criteria for evaluating the GM's performance for the period July 1, 2010 - June 30, 2011, with the relative weight to be given each factor: Finance ........20% Energy Efficiency and Load Management... .........20% System Reliability ........20% Leadership ........10% Board Relations.... ........10% Employee Relations .10% Community Relations ........10% Each Commissioner is expected to complete this evaluation form within two weeks after receiving it. In addition, the GM will be required to do a self-assessment on the same form. The General Manager Subcommittee will review all evaluation forms and make a recommendation to the Board regarding the GM's compensation for fiscal year 2011 - 2012.1 The Committee will also recommend to the Board goals for future performance including priorities, goals, and timetables. 694633.2 I. FINANCE Goal: Meaningful budgets are developed in a timely manner. Expenses are accurately tracked and reported. Cash reserves are prudently invested. Financial targets are met. Plans are developed to meet unexpected contingencies. Minimum Tasks to be completed: 1. Provide the basis for the estimates found in the Capital & Operating budgets. 2. Create Capital & Operating budgets and submit to CAB and the Board. 3. On a monthly basis provide the Board with actual expenditures and variance with respect to the Capital and Operating Budgets. 4. On a quarterly basis update the Six Year Financial Plan and provide to the Board. 5. On a quarterly basis provide the Board with a report on the Retirement trust general ledger & Town cash reconciliation. 6. Perform a Cost of Service (COS) study, when necessary, and provide the CAB and the Board with a rate adjustment recommendation. 7. Create a plan to show how the RMLD will meet its 8% return. 8. If required, report to the Board on matters raised in the FY2010 audit letter. 9. If the rate-stabilization fund misses its year-end goal of $6.5 million by more than $0.5 million, prepare a plan to address the issue. Overall Score: (1 - 20 points) II. ENERGY EFFICIENCY AND LOAD MANAGEMENT Goal: Assess peak demand and energy needs to determine amounts of capacity and energy necessary to meet system requirements. Consider and implement energy efficiency, load management and conservation measures. Seek a diverse power supply portfolio, including environmentally responsible power. Minimum Tasks to be completed: 1. Continue the power supply procurement strategy, including obtaining bids from renewable projects. 2. Manage the fuel clause and deferred-fuel-account balance. 3. Implement the Conservation and Energy Efficiency Program approved by the Board. 4. Keep up to date on new industry technologies and inform the Board of suggested operational changes to meet these trends. 5. Create new initiatives to address the Board's commitment to green power. 6. Continue the RMLD's efforts to maintain reasonable rates including the provision of monthly rate comparisons to the Board. Overall Score: (1 - 20 points) 694633.2 2 V. LEADERSHIP Goal: Delegate tasks and monitor performance of key staff. Identify and bring to the attention of the Board changes in legislation that may affect the running of a public power utility. Participate in training programs, conferences and seminars to develop enhanced personal skills and to contribute to the development of others. Minimum Tasks to be completed: 1. Maintain comprehensive coverage of new information related to governmental regulations, financial conditions, technological changes, energy and resource developments as they relate to public utilities. 2. Bring issues regarding these matters to the attention of the Board. 3. Discuss long-range goals for capital expansion with the Board. 4. Assure that the goals and implementing strategies of the strategic plan are being followed. Overall Score: (1 - 10 points) VI. RELATIONSHIP WITH THE BOARD Goal: Actively keep the Board informed of major issues and strategic direction of the RMLD. Maintain professional working relationships with elected Commissioners. Provide needed information to the Board to assist it in making decisions. Minimum Tasks to be completed: 1. Communicate effectively with Board members. 2. Provide useful information to the Board that is helpful in Board decision-making. 3. Respond to the voted requests of the Board and meet time commitments made to the Board. 4. Provide quarterly updates to the Board on the progress of the "implementing strategies" from the RMLD's strategic plan. 5. Identify current issues, problems or projects that should concern the Board. Overall Score: (1 - 10 points) 694633.2 4 III. THE RELIABILITY OF THE RMLD SYSTEM Goal: Construct and maintain an electric distribution system capable of delivering electric service with a high degree of reliability. Measure the reliability of the RMLD's distribution system against industry standards. Minimum Tasks to be completed: 1. Provide an annual report to the Board dated December 31 of the previous year's safety incidents. 2. Provide an annual report to the Board dated December 31 regarding security issues, including the recommendation of new measures and/or procedures. 3. Maintain SAIFI and CAIDI indices on a monthly basis and provide an explanation if RMLD's reliability measures exceed industry standards or RMLD's historical performance. 4. Maintain an outage database detailing the nature and duration of an outage and RMLD's response to the outage. 5. Prepare a five-year capital plan report annually for presentation to the Board that addresses future needs of the RMLD's distribution system, the date of the report to be in conjunction with the release of the Capital Budget. 6. Modify and re-evaluate the capital and operating budgets throughout the year to address concerns affecting the reliability of the distribution system. 7. Complete the Gaw Substation Transformer Upgrade project. 8. Complete the first phase of the Meter Upgrade Project. Overall Score: (1 - 20 points) IV. MANAGE EMPLOYEES Goal: Keep employees informed about Board initiatives and policies. Assure that competent individuals are hired, trained and promoted. Negotiate contracts and conduct business with the bargaining units in a professional manner. Provide effective leadership to direct reports. Minimum Tasks to be completed: 1. Maintain a highly skilled and knowledgeable workforce. 2. On an annual basis, provide a Summary of Grievances report to the Board dated December 31 3. Participate in negotiations, when necessary, with the three bargaining units for renewal contracts; keep the Board apprised of the outcome of these negotiations. 4. Assure that appropriate training is provided for all staff. Overall Score: (1 10 points) 694633.2 3 VII. RELATIONSHIP WITH THE COMMUNITY SERVED BY THE RMLD Goal: Maintain good working relationships with all the constituent groups that interface with the RMLD Minimum Tasks to be completed: 1. Continue a good working relationship with the Town Managers in the four towns served by RMLD. 2. Attend all meetings of the CAB. 3. Continue to maintain working relationships with state and national utility associations and groups, and forward to the Board's attention new matters being raised by these entities. 4. Assure that an Annual report is given at the Subsequent Town Meeting of the Town of Reading. 5. Communicate effectively with community and business interests in the four towns served by the RMLD. 6. Communicate effectively with customers regarding rate increases, or other relevant information. 7. Seek to influence government concerning the emerging needs of the RMLD. 8. From time to time, conduct a customer satisfaction survey and share the survey results with the Board, staff and customers. 9. Provide an annual report to the Board on Customer Service programs. 10. Assure that Customer Service training is provided to all positions that have consistent contact with residential or commercial customers. Overall Score: (1 - 10 points) 694633.2 5 Calculation of Annual Raise: Total Score Possible: 100 points Calculation of Annual Increase: Composite Score: greater than 90 CPI + 2%* 81 - 90 CPI + 1.5% 71 - 80 CPI +.5% 61-70 CPI % < 61% No Raise. * The Board may consider awarding an increase in pay that is higher than CPI + 2% if the GM performs extraordinary work during the period, July 1, 2009 - June 30, 2010. 694633.2 6