Read more from Dr. Richard Mungo, pediatric dentist and the vice chair of the Commission, in the November 2017 issue of OC Family.
The Children and Families Commission of Orange County has released a Request for Qualifications (RFQ) for a Strategic Communications Assessment and Framework. Qualifications submissions will be due by Friday, November 30, 2017 at 3:00pm. Please see the RFQ for all important dates and details.
Access the RFQ here.
Read the full column from Rigo Rodríguez, Ph.D., member of the Santa Ana Unified School District Governing Board, Associate Professor at California State University Long Beach and a board member for Delhi Center in Santa Ana, about the importance of kindergarten readiness and the Early Development Index on the Orange County Register here.
Join Supervisor Andrew Do & Orange County Children’s Partnership on Friday, October 27 from 9:00 AM – 11:00 AM at Delhi Center in Santa Ana for the Conditions of Children Forum focusing on Immunizations and Childhood Obesity.
All attendees will receive a free copy of the 23rd Annual Report on The Conditions of Children in Orange County.
Today, the Children and Families Commission unanimously voted to pay off its unfunded pension liability – more formally referred to as Unfunded Actuarial Accrued Liability (UAAL) – in the defined pension plan administered by the Orange County Employees Retirement System (OCERS).
By taking this action the Commission will save more than $1.2 million immediately in interest, and a minimum reduction of $160,000 to the annual budget in benefit costs.
The one-time payment of nearly $1.8 million for the UAAL will be funded from the Commission’s reserve held for long-term, sustainability commitments. The reserve balance, at more than $13 million, remains well above the required 25 percent of the annual budget that was established to ease the financial impact to programs as tobacco tax revenue declines.
In the era of declining tobacco tax revenue, a smart fiscal management decision like this will help the Commission continue its leadership in responding to and its funding of programs and policy best practices for young children’s health and development.
“It’s very uncommon for agencies to be in a position to accelerate payment for their unfunded pension liabilities, however we have worked tirelessly to remain fiscally sound making prudent long-term financial decisions,” said Sandra Barry, Chair of the Children and Families Commission. “This decision will lead to substantial savings in the long run. I’m extremely proud of the Commission’s approach to fiscal management. This was an opportunity to realize significant savings that can be used for important programs to support children’s health and school readiness.”