Solano County Private Industry Council Inc

“Form 990, Part VI, Section B, Line 11b - After receipt of audited financials, Form 990 and its forms are reviewed by the President/Executive/Deputy and then emailed to the board members before filing.”

“The WDB Board of Directors and the Solano County Board of Supervisors approved the Conflict of Interest and Code of Conduct policy that meets federal, state, and local requirements. Annual disclosure forms are required of all board members to monitor and enforce compliance with the policy.”

“Form 990, Part VI, Section B, Line 15 - The President/Executive Director negotiates directly with the Board upon hire for compensation and subsequent increases are determined by the Board at the time of the annual evaluation. Comparable compensation data is periodically reviewed. The process was last undertaken in 2024. Salary compensations for key employees are reviewed every three years for market value and cost of living adjustments to determine a percentage increase that applies to key employees. In addition, salary compensation and any merit increases are determined at time of annual evaluation. The process was last undertaken in 2022.”

“Form 990, Part VI, Section C, Line 19 All governing policies, including the Conflict of Interest policy and financial reports are made available to the public on the organization's website and in the board packets. Financial statements are made available to the public on Solano County's Auditor-Controller's Office website. All governing documents are available upon request.”

“Form 990, Part XII, Line 1 - The audit methodology did not change, but clarifying that the WDB follows the County's modified accrual methodology. The WDB has used the same accounting process for over 10 years”