Financial Information


NET POSITION

Net Position - Line Graph


TOTAL ASSETS VS. TOTAL LIABILITIES

Total Assets vs. Total Liabilities - Bar Graph


PORTFOLIO COMPOSITION

Financial Info Portfolio Composition Pie Chart


CREDIT QUALITY

Financial Info Credit Quality Pie Chart


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Financial Documents View Details

Financial Statements

Investment Policy

The Authority’s investment objectives are preservation of capital, maintaining adequate liquidity, earning a reasonable rate of return, and compliance with state law. The Authority’s investment program is administered by PFM Asset Management with oversight provided by the Executive and the Finance Officers Committee.

Investment Policy – May 2019


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Member Contributions View Details

Member contributions provide the pool with necessary resources for the defense and payment of claims and other coverage costs including excess and reinsurance premiums, claims administration, brokerage fees as well as risk management programs and services.

Primary Programs

Primary Liability Program Annual Contribution Computations 2019-20
Primary Workers’ Compensation Program Annual Contribution Computations 2019-20
Understanding the Annual Contribution Formula – Primary Programs 2019-20

Excess Programs

Excess Liability Program Contributions
Excess Workers’ Compensation Program Contributions
Understanding the Annual Contribution Formula – Excess Programs 2019-20

Insured Programs

Property Program Contributions
Pollution Program Premiums
Crime Insurance Program Premiums
Underground Storage Tanks Program Premiums


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Underwriting Data Collection View Details

Annual Payroll Exposure Report (APER)

The Authority collects calendar payroll and other data that is used to calculate each member’s upcoming Annual Contribution through the Annual Payroll Exposure Report (APER).  This data is reported to the State of California, and it is provided to the Authority’s insurance carriers to use in determining the cost of reinsurance and excess insurance.  Each spring, the data collection request is sent to agency staff serving in the following key roles: risk manager and finance.

Annual Underwriting Information Report (AUIR)

The Authority collects data from members through the Annual Underwriting Information Report (AUIR).  This data is provided to insurance carriers to underwrite the exposures of the Authority and its members, and to determine reinsurance and excess insurance rates and premiums. Each fall, the data request is sent to agency staff serving in the key role of risk manager.


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Audit Confirmation Letters View Details

Audit Confirmation Letters

The audit confirmation letters contain information regarding your agency’s coverage, and contributions paid for the fiscal year. This information is provided to your auditor via email in August.


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Standard Footnote View Details

Standard Footnote

The standard footnote regarding self-insurance pooling and purchased insurance is developed for your annual comprehensive financial report. Use of a standard footnote provides uniformity among members in making the disclosure. It is typically emailed to Finance Directors in August.