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SFHSS reports $11M expected trust decline; auditors issue unmodified opinion
San Francisco Health Service Board · November 9, 2023
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Summary
SFHSS reported a projected $11 million trust drawdown for FY24 and other financial expectations; its contracted auditors (MGO) delivered an unmodified opinion on the 2022–23 benefit trust and found no material control deficiencies.
San Francisco — San Francisco Health Service System officials told the Health Service Board on Nov. 9 that early fiscal‑year results point to a planned drawdown of the trust and that independent auditors issued a clean opinion for the year ended June 30, 2023.
Iftikhar Hussain, SFHSS chief financial officer, said staff expect the…
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