Risk and Audit Committee

Oversees system soundness, enterprise risk management, internal and external audits, privacy and information security, ethics, compliance and other independent reassurance activities.

(Agenda items are provided in a PDF format, which require Adobe Reader 8 or higher to view.)

Meeting Agenda for April 21, 2020

View Open Session Meeting Transcript (PDF)

Open Session

2:00 p.m.
Or upon adjournment of the Finance & Administration Committee – Whichever is later

1. Item
   1. Call to Order and Roll Call (PDF)
   2. Approval of the April 21, 2020 Risk & Audit Committee Timed Agenda (PDF)
   3. Executive Report (Oral Report)Marlene Timberlake D'Adamo
   4. Action Consent ItemsMarlene Timberlake D'Adamo
      1. Approval of the February 18, 2020 Risk & Audit Committee Meeting Minutes (PDF)
      2. External Audit Services Request for Proposal (PDF)
   5. Information Consent ItemsMarlene Timberlake D'Adamo
      1. Annual Calendar Review (PDF)
      2. Draft Agenda for the June 16, 2020 Risk & Audit Committee Meeting (PDF)
      3. Quarterly Status Report – Enterprise Risk Management (PDF)
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
      4. Quarterly Status Report – Enterprise Compliance Activity (PDF)
         1. Attachment 1 (PDF)
   6. Action Agenda Items
      1. 2020-21 Enterprise Compliance Plan (PDF)Marlene Timberlake D'Adamo
         1. Attachment 1 (PDF)
      2. 2020-21 Enterprise Risk Management Plan (PDF)Forrest Grimes
         1. Attachment 1 (PDF)
         2. Attachment 2 (PDF)
   7. Information Agenda Items
      1. Summary of Committee Direction (Oral Report)Marlene Timberlake D'Adamo
      2. Public Comment

Closed Session

Upon Adjournment or Recess of Open Session (Government Code sections 11126(a)(1) and (g)(1))

1. Item
   1. Call to Order and Roll Call
   2. Action Consent Items
      1. Approval of the February 18, 2020 Risk & Audit Committee Meeting Minutes
   3. Information Agenda Items
      1. Personnel, Employment and Performance, Chief Compliance OfficerMarlene Timberlake D'Adamo
      2. Personnel, Employment and Performance, Chief AuditorBeliz Chappuie
      3. Personnel, Employment and Performance, Chief Risk OfficerForrest Grimes

Notes

1. Items designated for Information are appropriate for Committee Action if the Committee wishes to take action. Any Agenda Item from a properly noticed Committee meeting may be considered by the Board at a subsequent Board meeting.
2. The hour designated as the earliest starting time for this meeting is not intended to communicate the expected duration (or ending time) of the preceding meeting.
3. Public comment may be taken on any agenda item. There is a three-minute limitation on each public comment, unless otherwise directed by the Presiding Officer. (Cal. Code Regs. tit. 2, § 552.1.)
4. Board Members may attend meetings of committees of which they are not members and participate in the discussions during those meetings.
5. In accordance with Executive Orders N-29-20, N-33-20, and the stay-at-home orders and social distancing measures put in place throughout California, Board members will participate via videoconference.