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Board shifts $600,000 wellness funding to sustainability fund and reviews trust outlook
Summary
CFO presented a monthly financial update showing projected trust declines; the mayor moved $600,000 out of the general fund wellness program into the Health Sustainability Fund and the board approved the sustainability fund budget with an updated five‑year forecast through FY2027.
The Health Service Board received financial updates on June 13 showing ongoing pressure on the benefit trust and city budgeting choices that affect SFHSS programs. Chief Financial Officer Iftikhar Hussain told commissioners that the trust balance is projected to decline because of rate stabilizations, rate buy‑downs and prior settlement dollars applied to buy…
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