Board of Trustees
and
Planning and Budget Committee
Notice and Agenda
Thursday, May 7, 2015
1:00 PM - 2:30 PM
The State Bar of California
180 Howard Street
Board Room, 4th Floor
San Francisco, CA 94105
(415) 538-2000

Questions regarding any agenda item should be directed to the Committee Coordinator(s), Francisco Gomez at (415) 538-2170 or Chair, Heather Rosing at (619) 239-8131. Committee members are requested to notify the Committee Coordinator as early as possible in advance of the meeting if they wish to remove any item/s from the consent agenda.

Committee Members: Michael Colantuono, Terrance Flanigan, James Fox, Renee LaBran, Joanna Mendoza, Danette Meyers, David Pasternak.
The order of business is approximate and subject to change.
Open Session

I. Chair's Report
A. Oral Report (10 min)
B. Treasurer's Report (8 min)
II. Consent
A. Financial Statement for the First Quarter Ended March 31, 2015; Investment Report for the First Quarter Ended March 31, 2015; Client Security Fund Report for the First Quarter Ended March 31, 2015 (MAY 54-141)
B. Member Requests for Adjustment/Waiver of Fees and/or Penalties (MAY 54 - 142)
III. Action
A. Audited Statement of Expenditures of Mandatory Membership Fees for the year ended December 31, 2014 and Independent Auditors’ Report (MAY 143) (Wong) (5 min)
B. Update on the Strategic Planning Process (Rosing / Jacobowitz  / Steve Sphar) (15 min)
C. Diversity in Contracting Analysis (Yee / Fox / Torres) (15 min)
D. Business Expense Policy (Colantuono / Fox ) (10 min)
IV. Discussion/Information
A. Post-Employment Benefits Plan Update (Goldman) (10 min)
B. Audit of Internal Fiscal Controls (Hawley / Rosing / Colantuono) (5 min)
C. CSF Underfunding Analysis (Meloch / Meyers) (15 min)
D. Update on Board of Trustees District Election Process (Gomez) (5 min)
V. Reports
None
Closed Session

~ None
* Closed under Rule 6.55(A)(3) of the Rules of the State Bar to confer regarding the negotiation of the purchase, sale, exchange or lease of real property.