To: Martin L. Cousineau, Finance Committee Chairperson
From: Chrystal Simpson, Chief Financial Officer
title
RE: Forwarding to receive and file, a copy of the 2023 Genesee County Retirement Commission Annual Report
recommendation
BOARD ACTION REQUESTED:
Attached for your review and acceptance is the 2023 Annual Report of the Genesee County Employees' Retirement System.
BACKGROUND:
The report has been reviewed and accepted by the Retirement Commission and Retirement System auditor, Plante & Moran, PLLC. If you have any questions or concerns, please don't hesitate to contact me.
DISCUSSION:
Annually the Genesee County Employees’ Retirement System has an audit. You’ll find the financial statements and two letters attached. There were no findings.
IMPACT ON HUMAN RESOURCES:
N/A-No impact.
IMPACT ON BUDGET:
N/A-No impact.
IMPACT ON FACILITIES:
N/A-No impact.
IMPACT ON TECHNOLOGY:
N/A-No impact.
CONFORMITY TO COUNTY PRIORITIES:
The Retirement Commission adhering to the requirements to have an annual audit aligns with the County’s long-term financial stability priority.
resolution
TO THE HONORABLE CHAIRPERSON AND MEMBERS OF THE GENESEE COUNTY BOARD OF COMMISSIONERS, GENESEE COUNTY, MICHIGAN
LADIES AND GENTLEMEN:
BE IT RESOLVED, that this Board of County Commissioners of Genesee County, Michigan, hereby accepts the Genesee County Employees’ Retirement System 2023 Annual Report (a copy of the memorandum request and report being on file with the official records of the August 14, 2024 meeting of the Finance Committee of this Board).