Finance and Administration Committee - November 14, 2023

Ensures financial soundness through oversight of financial statements and reporting and all budget matters. Oversees the organization's Strategic and Business Plans.

(Agenda items are provided in a PDF format, which require Adobe Reader 8 or higher to view.)

Items designated for Information are appropriate for Committee Action if the Committee wishes to take action. Any Agenda Item from a properly noticed Committee meeting may be considered by the Board at a subsequent Board meeting. The hour designated as the earliest starting time for this meeting is not intended to communicate the expected duration (or ending time) of the preceding meeting. Public comment may be taken on agenda items in accordance with applicable law. There is a three-minute limitation on public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit 2, § 552.1.) Members of the public may provide public comment via telephone by calling (800) 259-4105. Board members may attend meetings of committees of which they are not members and participate in the discussions during those meetings. In accordance with California Government Code section 11133 (added by Stats. 2023, ch. 196, § 6), Board members may participate via teleconference.

Meeting Agenda for November 14, 2023

View November 14, 2023 Finance & Administration Committee Open Session Meeting Transcript (PDF)

Open Session

9:45 a.m.
Or upon adjournment or Recess of the Risk and Audit Committee – Whichever is later

1. Item
   1. Call to Order and Roll Call (PDF)
   2. Executive Report (Verbal Report) Michele Nix
   3. Action Consent Items Michele Nix
      1. Approval of the November 14, 2023 Finance and Administration Committee Timed Agenda (PDF)
      2. Approval of the September 19, 2023 Finance and Administration Committee Meeting Minutes (PDF)
      3. Semi-Annual Contracting Prospective Report (PDF)
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
      4. Contracts Administration: Affirmation of Investment Manager Contracts Without Defined Duration (PDF)
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
      5. Contract Extension of Investment Office Trading Platform Contracts (PDF)
   4. Information Consent Items Michele Nix
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the February 2024 Finance and Administration Committee Meeting (PDF)
      3. Pension Contract Management Program Report (PDF)
         1. Attachment 1 (PDF)
      4. Annual Contract and Procurement Activity Report (PDF)
         1. Attachment 1
         2. Attachment 2
   5. Action Agenda Items
      1. 2023-24 Mid-Year Budget Revisions (PDF) Michele Nix, Will Schaafsma
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
         3. Attachment 3 (PDF)
      2. 2022-23 Basic Financial Statements (PDF) Michele Nix
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
         3. Attachment 3 (PDF)
   6. Information Agenda Items
      1. Annual Review of Funding Levels and Risk Report (PDF) Scott Terando, Randall Dziubek
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
      2. Semi-Annual Health Plan Financial Report (PDF) Emily Zhong
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
         3. Attachment 3 (PDF)
      3. Summary of Committee Direction Michele Nix
      4. Public Comment
   7. Adjournment of Meeting