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Public discussion · Finding F1

At the end of FY2015, the County’s unfunded pension liability was $117,142,264.

What should residents consider about Finding F1: At the end of FY2015, the County’s unfunded pension liability was $117,142,264., and the County’s response?

Nevada County Board of SupervisorsAudit assessment: Addressed
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Audit context

What the response says and how it was assessed

Response says

Disagrees; gives $162,574,446 using four June 30, 2015 CalPERS plan valuations.

Audit analysis

Explicit whole disagreement with a plan-by-plan table and valuation-report page references. Figures are the Board’s corrections, not independently verified hub totals.

Finding-response score

Document completeness and usefulness—not factual verification or a legal conclusion.

10/10

4/4

Statutory elements

Stated position
2/2
Applicable disagreement elements
2/2

6/6

Public usefulness

Coverage
2/2
Reason specificity
2/2
Support traceability
2/2

Explicit whole disagreement with a plan-by-plan table and valuation-report page references. Figures are the Board’s corrections, not independently verified hub totals.

Scoring confidence: high

Public participation

Discuss the finding and response

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