Audit Committee
February 26, 2020
2:00 p.m.
State Compensation Insurance Fund
5890 Owens Drive
Pleasanton, CA 94588
COMMITTEE MEMBERS
William M. Zachry, Chair
Sen. Tom C. Berryhill (Ret.)
David M. Lanier
Sen. Michael J. Machado, (Ret.)
Angela D. Tate
| OPEN SESSION | February 26, 2020 @ 2:00 p.m. | |
| Action/William Zachry | 1. | Call to Order and Roll Call |
| Action/William Zachry | 2. | Antitrust Admonition |
| Action/William Zachry | 3. | Consent Calendar1 |
| Information/Margie Lariviere | 4. | Completed Closed Audits |
| Information/Andreas Acker and Patrick Gage | 5. | Whistleblower Hotline |
| Information/William Zachry | 6. | Public Comment on Appropriateness of Closed Session for Items 9 through 14 |
| Information/William Zachry | 7. | Public Comment |
| CLOSED SESSION | ||
| Action/William Zachry | 8. | Approval of November 20, 2019 Closed Meeting Minutes |
| Information/Andreas Acker and Patrick Gage | 9. | Update on Personnel Investigations [Government Code Sections 11126(a), (j)(4)] |
| Information/EY | 10. | Report of External Auditor [Government Code Sections 11126(a), (j)(4)] |
| Information/Margie Lariviere and Gwillym Martin | 11. | Internal Audit Report – 4th Quarter 2019 [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/Peter Guastamachio | 12. | Model Audit Rule Update [Government Code Section 11126(j)(4)] |
| Information/Peter Guastamachio | 13. | Pension and OPEB Update [Government Code Section 11126(j)(4)] |
| Information/William Zachry | 14. | Audit Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 4:00 p.m. or upon adjournment or recess of the Closed Session, whichever is later. | |
| Action/William Zachry | 15. | Call to Order and Roll Call |
| Information/William Zachry | 16. | Committee Member Presentations |
| Information/William Zachry | 17. | Proposals and Suggestions for May 27, 2020 Agenda |
| Next Committee Meeting: May 27, 2020 at the State Fund Pleasanton Office, CA | ||
1Items on the Audit Committee Consent Calendar include routine actions and will be enacted by one motion and one vote. There will be no separate discussion of these items unless a Committee Member or the public so requests. It is in the Committee’s discretion to remove items from the Audit Committee Consent Calendar. Any item removed from the Consent Calendar will be considered in its normal sequence on the agenda. If you wish to have an item removed from the Consent Calendar, please submit a speaker card or make your request at the time the Committee Chairperson asks if any member of the public wishes to remove an item from consent. After an item, if any, removed from the Consent Calendar has been discussed, the Committee will vote to approve all items remaining on the Consent Calendar. Note: Items designated for information are appropriate for Board/Committee action if the Board/Committee wishes to take action. Any agenda item from a properly noticed Committee meeting held immediately prior to the Board meeting may be considered by the Board. Agenda items may be taken out of order with the approval of the Chairperson. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item. |
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