Agenda - 10-17-2006-7c - Laserfiche WebLink

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Agenda Item -Special Presentations A comprehensive review ofpoint-of--sale and inventory software & hardware providers was performed by the staff. As a result, updated software and hardware was purchased for all stores. Also, DSL was installed in all stores to process credit cards faster and to enhance computer communications. In addition, a Virtual Private Network (VPN) will subsequently be developed to disseminate information to all facilities. ^ Comprehensive review of the current banking situation. All banks in the area were considered but in the end SunTrust was the preferred banker. ^ Review of credit card processors; the primary objective was to reduce bankcard expenses and this was accomplished. ® Threats: The threat of privatization of the sale of spirituous beverages appears to be an ongoing concern. It seems that every two years or so a bill is presented to study the current system's method of the sale of spirituous beverages. To deter privatization, the Board plans to provide attractive and well-lighted stores in convenient locations, provide excellent customer service, and also to provide the best selection of products in the area. • Activities in Progress: o Completion of aster-friendly employee handbook: primary objective is to facilitate its reading. (Completion was due earlier; the delay is because new policies are pending.) o Review facilities for compliance with the Americans with Disabilities Act. Primary objective is to make facilities compliant. (Completion was due earlier but was delayed pending a thorough review of modernization required to certain stores.) o Gift Card Program: Measures have been taken to make gift cards available in ABC stores. Rollout is projected for mid-to-late November. o The Government Accounting Standards Board (GASH) introduced a standard which requires government entities to estimate and provide funding for promises made for "Post-employment Benefit Plan other than Pension Plans". The ABC Board is responsible for health insurance benefits of employees retiring through the Local Government Employee Retirement System (LGERS) with 15 or more years of service. Employee data retiree data has been forwarded to an actuary for an estimate of the net-present-value of the future liability. In theory, a trust (or similar) will subsequently be established to provide assets to offset this un-funded liability. The annual funding amount will be based on several variables so BOCC Meeting 10/17/2006 Page 4 of 7 pages