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That liability would be paid down and our discussions at that time with the Housing Authority, there was an assumption there would be sufficient residual receipts to pay down that liability but it is an ongoing risk for the Housing Authority. So in terms of our report, we made 16 recommendations and some of these pertain to the mou thats before you today. Although none of them would in any way impact your approval of the mou in this meeting. So of the 16 recommendations, we heard from the mayors housing who will be responding to the audit and agreed with the 12 of the recommendations or qualif...

Time with the Housing Authority, there was an assumption there would be sufficient residual receipts to pay down that liability but it is an ongoing risk for the Housing Authority. So in terms of our report, we made 16 recommendations and some of these pertain to the mou thats before you today. Although none of them would in any way impact your approval of the mou in this meeting. So of the 16 recommendations, we heard from the mayors housing who will be responding to the audit and agreed with the 12 of the recommendations or qualifications and disagreed with four and well go through the four ...

Campbell brought forward. And then ill go into our presentation really quickly. But id like to assure you that through the transition period and we continue to be in this phase fsha has made great strides. As it relates to the severance of our staff, we have fully funded that severance payment. That severance payment is projected for the entire two phases. There are two phases in this process with the staff of about 5 million. And that cost will be fully funded by sfha. As it relates to the unfunded tension that has been mentioned sfha continues to work through its own Financial Resources to e...

After 2023, it was uncertain how that liability would be paid down and our discussions at that time with the Housing Authority, there was an assumption there would be sufficient residual receipts to pay down that liability but it is an ongoing risk for the Housing Authority. So in terms of our report, we made 16 recommendations and some of these pertain to the mou thats before you today. Although none of them would in any way impact your approval of the mou in this meeting. So of the 16 recommendations, we heard from the mayors housing who will be responding to the audit and agreed with the 12...

And then ill go into our presentation really quickly. But id like to assure you that through the transition period and we continue to be in this phase fsha has made great strides. As it relates to the severance of our staff, we have fully funded that severance payment. That severance payment is projected for the entire two phases. There are two phases in this process with the staff of about 5 million. And that cost will be fully funded by sfha. As it relates to the unfunded tension that has been mentioned sfha continues to work through its own Financial Resources to ensure that it is able to m...