Legislation Details

File #: 14-11373    Version: 1 Name:
Type: Item Status: Audit Committee
File created: 10/20/2026 In control: Federated City Employees' Retirement System and Federated City Employees' Health Care Trust
On agenda: 11/19/2026 Final action:
Title: Oral update from the Chair of the Audit/Risk Committee. Approval of the Q3 2026 travel and attendance report for the Federated City Employees’ Retirement System. Discussion and action regarding communication to the Board of Administration of the City of San Jose Federated City Employees’ Retirement System from Macias Gini & O’Connell (MGO), the Plan’s external auditor: Independent auditor’s report on the internal control over financial reporting, compliance and other matters based on an Audit of Financial Statements performed. Independent auditor’s Management Letter comments and recommendations regarding audit findings. Discussion and action on the approval of the Federated City Employees’ Retirement System’s Annual Comprehensive Financial Reports for the Fiscal Year 2025-2026. Discussion and presentation on City Auditor Report 26-04, Employee Turnover and Succession Planning, and its connection to Theme 5 of the Strategic Plan. Discussion on updates to the Federated City Employees’ R...
Attachments: 1. 6.2a(1) - Q3 2026 Travel and Attendance Report FED ADA, 2. 6.2a(2) - FY 2026 Audit Plan MGO ADA, 3. 6.2a(3) - IAR Internal Controls and Compliance FED (Draft), 4. 6.2a(4) - FED ACFR Memo ADA, 5. 6.2a(5) - 2026 FED ACFR - Draft 10-15-26, 6. 6.2a(6) - 20261022 - City Audit Report 26-04 - Audit Committee Memo, 7. 6.2a(7) - 202608 - 26-04 Turnover and Succession Planning, 8. 6.2a(8) - Memo - Updates to IA Charter, 9. 6.2a(9) - Internal Audit Charter - Current, 10. 6.2a(10) - Internal Audit Charter - Redlines ADA, 11. 6.2a(11) - Internal Audit Status Dashboard ADA, 12. 6.2a(12) - Internal Audit Status Report ADA, 13. 6.2a(13) - Internal Audit Status Report - Proposed Complete ADA
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Oral update from the Chair of the Audit/Risk Committee.

•                     Approval of the Q3 2026 travel and attendance report for the Federated City Employees’ Retirement System.

•                     Discussion and action regarding communication to the Board of Administration of the City of San Jose Federated City Employees’ Retirement System from Macias Gini & O’Connell (MGO), the Plan’s external auditor:

1.                     Independent auditor’s report on the internal control over financial reporting, compliance and other matters based on an Audit of Financial Statements performed.

2.                     Independent auditor’s Management Letter comments and recommendations regarding audit findings.

•                     Discussion and action on the approval of the Federated City Employees’ Retirement System’s Annual Comprehensive Financial Reports for the Fiscal Year 2025-2026.

•                     Discussion and presentation on City Auditor Report 26-04, Employee Turnover and Succession Planning, and its connection to Theme 5 of the Strategic Plan.

•                     Discussion on updates to the Federated City Employees’ Retirement System Internal Audit Charter.

•                     Discussion on the status of outstanding Internal Audit recommendations.