Addressing the concerns and notices of violation, but what i wanted to focus on is the unfortunately the hurdles in the roadblock that tenants and their attorneys of record have put in front of us in our attempts to address the issues and the notice of violation and the abatement orders. Unfortunately, there has the lawsuit has been spawned out of this and over the last nine or so months instead of cooperating with the owners of the subject property and addressing the concerns in the abatement orders and the notices of violation, tenants and their attorneys have instead of working hand in hand with us to address the issues cited in the abatement orders. For instance, in may of 2013 our clients issued a notice to surrender possession of the property and that was approximately a month after the first notice of violation was issued. And despite issuing this notice to tenants, to date they have not surrendered the property despite moving out of the property. Now, this creates many issues,
5. 3 increase in estimated favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont t
Favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont think we are over funded. Af
Public comment . Seeing none. Item no. 11. Discussion item. Update on Financial Reporting as of december 31, 2013. Pamela levine. Deputy director chief Financial Officer of service system. I too will make this very quick. Weve gone through six 6 months of the year and we are projecting for the trust to have a 23 to increase our fund balance by 23. 1 million. This is 4. 5 million greater than what we reported in our last meeting. We have tied up all of our money and we are in a really good financial position based on the policies that you have approved today. Right now the 23. 1 million is comprised of 11. 3 million in state plan net assets. 5. 9 million in favorable claim experience in the blue shield flex plan. 5. 3 increase in estimated favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out peri
Only the owners of the subject apartment notice these efforts to derail any remediation and repair efforts, but even mr. David b of the San Francisco department of Public Health also noticed. Whether they dont agree with the inspectors or contractors weve hired or myriad of other issues, they have acted in less than good faith in attempting to work with the owners of the subject apartment to deal with this issues in the notice of violation and the abatement order. Mr. Brian, whos mr. Clambers personal council and so a few more specifics regarding some of the issues ive talked about. Again, i wanted to give you an overview of what was contained in the voluminous packet that we gave you of exhibits and also a summary of whats happened over the last nine months and why these all of the repairs that were cited in the abatement orders have not been resolved to date. So im going to let mr. Soriano continue. Thanks al. Good afternoon president , members of the board. I know youve had a long m