Monthly Archives: June 2011

Documentation that the SBCERS Pension was 100% Funded in 1986!

Let me start today by sharing one of the many positive emails I received after my last posting dealing with our 2011-12 County Budget. You must understand that regardless if my blog and thoughts shared on it are read means … Continue reading

Posted in Uncategorized | Leave a comment

What role did the SBCERS pension fund play with the 2011 Santa Barbara County Budget and it’s 72 Million Dollar deficit!

Well I just do not know what to think about our Santa Barbara Board of Supervisors and how they handled this years 2011/12 County Budget. The budget was extremely difficult since it came with a 72 million dollar deficit, but … Continue reading

Posted in Uncategorized | Leave a comment

Future SBCERS Employer Contribution Rates for 2009 and beyond.

Item 6E Staff Report re SBCERS Investment Losses Because of the deficit that Santa Barbara County was facing with there pension. The above report was made which included 4 alternatives on how to deal with the unfunded future liability. Using … Continue reading

Posted in Uncategorized | 1 Comment

The past performance of the SBCERS pension fund is not the issue, where has the money gone is!

The past performance of the SBCERS pension fund is not the issue, where has the money gone is! This posting will be short and sweet and I will start by asking; do you really think the economy of California can … Continue reading

Posted in Uncategorized | Leave a comment

How many different reports and Valuations can we have for our 2007 SBCERS Pension Fund Value?

 2007 Experience Study Review EFI Click here to open pdf file               2007 Investigation of Experience Study Revised 01/2008 Click   here to open pdf file             2007 SBCERS Valuation … Continue reading

Posted in Uncategorized | 1 Comment

County of Santa Barbara Office of the Auditor Controller County Retirement (SBCERS) Cost “White Paper” by Robert Geis C.P.A.

Santa Barbara County Retirement Costs White Paper Click here to open pdf file

Posted in Uncategorized | 4 Comments

County of Santa Barbara 1998 CAFR pdf file

1998 Santa Barbara CAFR pdf file click here to open

Posted in Uncategorized | Leave a comment