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8I Consent 2012 0507
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8I Consent 2012 0507
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Last modified
5/11/2012 4:16:38 PM
Creation date
5/1/2012 3:40:45 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/7/2012
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_CC Agenda 2012 0507 CS+RG
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Path:
\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0507
Reso 2012-044
(Reference)
Path:
\City Clerk\City Council\Resolutions\2012
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File Number: 12 -206 <br />Committee Review and Actions <br />The Finance Committee reviewed this matter at its meeting on April 6, 2012. <br />Fiscal Impacts <br />Reducing the self- insured retention directly impacts the Self Insurance fund. The lower SIR <br />mitigates the City's exposure to liability occurrences and claims by lowering its retention <br />trigger amount, which is offset by a higher annual premium. For 2012 -13 the annual CJPRMA <br />general liability premium will increase by $38,000 totaling $154,000. <br />ATTACHMENTS <br />None. <br />PREPARED BY: David Baum, Finance Director, Finance Department <br />City of San Leandro Page 2 Printed on 51112012 <br />
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