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Public discussion · Finding F8

As of FY2019, CalPERS’s projected date of returning the County to fully funded status was 2039.

What should residents consider about Finding F8: As of FY2019, CalPERS’s projected date of returning the County to fully funded status was 2039., 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

Agrees with the 2039 projection and explains its twenty-year, June 30, 2019 valuation basis.

Audit analysis

Explicit agreement covers the projection and identifies the relevant CalPERS amortization model and date. It does not promise that future valuations will leave that date unchanged.

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 agreement covers the projection and identifies the relevant CalPERS amortization model and date. It does not promise that future valuations will leave that date unchanged.

Scoring confidence: high

Public participation

Discuss the finding and response

Use Pol.is to discuss both the Grand Jury finding and the County’s response, see where participants agree, and add a perspective for others to consider. Participant statements do not alter this audit or verify factual claims made by any participant or source document.

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