Report to the Board

October 2, 2000

SUBJECT: Report on Audit of Employee Health Benefits

RECOMMENATION

This information is being reported to the Board of Trustees in response to Board Policy E-4, Organizational Performance Evaluation/Auditing.

RELATED BOARD POLICY OR PLANNING DIRECTIVE

The item is consistent with Board Policy E-4, Organizational Performance Evaluation/Auditing. This audit was authorzed by the Board.

BUDGETARY CONSIDERATION

A final analysis of any financial impact is currently underway. The Administration will have supplemental information available at the meeting.

RESOURCE PERSONNEL

Jerry North, Director, Internal Audits

Richard Fonte, President

ATTACHMENTS:

Audit of Benefits and Deductions

Respectfully Submitted By:

Jerry North, Director, Internal Audits

Richard Fonte, President