Audit Committee
July 27, 2016
8:00 a.m.
The Renaissance Lodge at Sonoma
1325 Broadway, Sonoma, CA 95476
COMMITTEE MEMBERS
Sheryl A. Chalupa, Chair
Sen. Michael J. Machado (Ret.)
Scott K. Reid
Steven L. Rank
William M. Zachry
| OPEN SESSION | July 27, 2016 @ 8:00 am | |
| Action/Sheryl Chalupa | 1. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 2. | Antitrust Admonition |
| Action/Sheryl Chalupa | 3. | Consent Calendar1 |
| a. Approval of May 25, 2016 Open Meeting Minutes | ||
| b. Ratification of the Appointment of New External Auditor | ||
| Information/Dante Robinson | 4. | Completed Closed Audits |
| Information/Andreas Acker and Rhonda Chapman | 5. | Whistleblower Hotline |
| Information/Sheryl Chalupa | 6. | Public Comment on Appropriateness of Closed Session for Items 9 through 12 |
| Information/Sheryl Chalupa | 7. | Public Comment |
| CLOSED SESSION | ||
| Action/Sheryl Chalupa | 8. | Approval of May 25, 2016 Closed Meeting Minutes |
| Information/Andreas Acker and Rhonda Chapman |
9. | Update on Personnel Investigations
[Government Code Sections 11126(a), (j)(4)] |
| Information/Dante Robinson | 10. | Internal Audit Report – 2nd Quarter 2016 [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/Dante Robinson | 11. | Review and Approval of Revised 2016 Internal Audit Plan [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/Sheryl Chalupa and Peter Guastamachio | 12. | Audit Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 9:00 a.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Sheryl Chalupa | 13. | Call to Order and Roll Call |
| Information/Sheryl Chalupa | 14. | Committee Member Presentations |
| Information/Sheryl Chalupa | 15. | Proposals and Suggestions for November 16, 2016 Agenda |
| Next Committee Meeting: November 16, 2016 at State Fund Corporate Office, 333 Bush Street, San Francisco, CA | ||
1 Items 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.
