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1. Nominations and Election for TEA Board Vice President
As noted in the last special edition of the TEA Times, the period for submitting nominations for the TEA Board Vice President position ended at midnight on February 21st. The TEA Nominating Committee received written nominations:
Candidate statements will be posted on the TEA Web Site at www.teaseattle.org.
Ballots will be distributed on March 8, 2017. The vote for Vice President will be held at the noon regular Monthly Meeting on March 15, 2017, and ballots will be counted after the meeting.
In addition to serving as a member of the TEA Board, this position also serves as Chair of the Grievance Committee. The remainder of the current term is through September 19, 2018. The Vice President would be eligible to run for a second two-year term.
2. Special committee to review revenues and expenses
The Council of Representatives met on February 9 to discuss TEA revenue. TEA revenues were flat from 2010 through 2012, because membership declined from attrition and hiring of new employees was limited. Since 2012, TEA revenues have been steadily increasing.
The treasurer, Elizabeth Wright, is looking for interested members to form a committee to evaluate this trend and compare revenue to previous and upcoming expenses. For example, one factor affecting the future balance sheet is a changing ratio of relatively new to long-term employees. The ratio is changing more dramatically than years past as Metro and Wastewater departments expand and longer-term employees are retiring. New employees generally start at lower pay categories than current TEA members, and long-term employees are typically paying higher dues the near future, so the average contribution could decline. But as TEA membership is expected to expand, total revenues could still increase. The goal is to assess if TEA revenue is expected to match, fall short of, or exceed anticipated expenses, and, based on the results, whether dues and/or special assessment fees should be adjusted.
Should be interesting! Please contact Elizabeth Wright if you are interested in being on this committee.
3. Next Monthly Meeting
Don't forget to vote!
The next monthly meeting will be held March 15 in the 5th floor in the Harappa-Cloaca conference rooms, Noon-1PM.
Please contact Gillian if you have a specific agenda item you'd like to add.
Alton Gaskill, President
_________, Vice President
Gillian Zacharias, Secretary
Elizabeth Wright, Treasurer
Roger Browne, Wastewater Bargaining Chair
Jerry Williams, Transit Bargaining Chair
Ken Madden, Council of Representatives Chair