Cody Duncan

The committee agenda includes an overview of member teleconference attendance procedures, a review of the Stable Income Fund by Mercer, and a presentation on Mid Cap performance by NEPC. Additionally, the committee will address a benefit distribution claim, the renewal of fiduciary liability insurance by the Risk Management Branch, and the adoption of Section 331 of the SECURE 2.0 Act.

The meeting agenda focused on the Measure A spending plan process for fiscal year 2026-27. Key discussion topics included an update on projected Measure A revenue and allocations, the fiscal landscape involving deficit scenarios for various homelessness programs, and the strategic decision-making process involving a two-phase review of programs and services. The committee examined changes in funding for outreach, interim housing, and permanent housing, as well as the future of the Pathway Home initiative and staffing allocations.

The meeting includes an agenda item for Mercer's annual review of the Stable Asset Fund. The committee also provides opportunities for new business proposals and for members or the public to raise items of interest or concern under the good of the order.

The committee meeting agenda included administrative items such as a notice regarding court approval of a litigation settlement and a review of presentation materials from NEPC and TTC regarding the Mid Cap Equity Fund. Other discussion items involved the assignment of Mellon Investment Corporation to the Bank of New York Mellon, a request to initiate a solicitation process for Stable Fund consulting services, and a request for attendance at the 2021 virtual NAGDCA Annual Conference.

The board meeting agenda focused on several key items including the status reports of the Livescan Network, the Automated Biometric Identification System, and statistical updates for various biometric programs. Action items presented for authorization included a vehicle license fee adjustment for private and commercial vehicles, the adoption of LACRIS By-Laws, the addition of an Information Technology Specialist position, and the funding of intensive comparison training for latent print examiners.