Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
San Francisco Health Service System Board accepts clean audit, authorizes election and approves reserve calculations
Summary
The HSS Board accepted a clean audit for fiscal year 2019, authorized the 2020 board election, and approved actuarial reserves for claims runout and contingency. Board members also reviewed budget instructions and operational updates; votes were unanimous by voice vote.
The San Francisco Health Service System Board on Jan. 9 accepted an unqualified audit opinion for the fiscal year that ended June 30, 2019, authorized staff to begin a 2020 board election and approved incurred-but-not-reported (IBNR) and contingency reserve calculations for its plans.
KPMG’s audit presentation reported an unqualified, or clean, opinion with no internal-control deficiencies. Following the audit presentation a board member moved to accept the audit “as presented,” a motion that was seconded and approved by unanimous voice vote.
Execu…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
