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<br /> SIX-YEAR FORECAST: INTERNAL SERVICE FUNDS
<br /> SELF INSURANCE FUND
<br /> The Self Insurance Fund is responsible for five major areas to protect the City's risk exposure:
<br /> Workers' Compensation, Unemployment Insurance, General Liability, Insurance coverage and
<br /> Risk Management.
<br /> The Human Resource division is responsible for the administration of the Workers'
<br /> Compensation and Unemployment Insurance programs. The City of San Leandro is a member
<br /> of Local Agency Workers' Compensation Excess Joint Powers Authority (LAWCX) and uses a
<br /> Third Party Administrator (TPA) to adjudicate workers' compensation claims. The self-insured
<br /> retention is $250,000 per claim. These activities relate to the processing of employees'
<br /> industrial injury claims, payment to the State Employment Development Department for
<br /> unemployment insurance benefits for eligible employees and for the development and
<br /> implementation of an Injury and Illness Prevention Program (I IPP) required by Cal-OSHA safety
<br /> training.
<br /> The Finance Department is responsible for the administration of the General Liability program,
<br /> Insurance coverage and review function and Risk Management services. The City of San
<br /> Leandro is a member of the California Joint Powers Risk Management Authority (CJPRMA).
<br /> The City maintains insurance through CJPRMA for General Liability coverage, Property, Boiler
<br /> and Machinery, Pollution and Environmental liability, and Auto Coverage. The City's Self
<br /> Insured Retention (SIR) amount is $500,000 per claim (effective July 1, 2012) with CJPRMA
<br /> providing excess coverage of up to$40 million. Risk Management meets with the City Attorney,
<br /> the Police, Public Works and the Engineering and Transportation departments on a routine
<br /> basis to review claims and discuss any process enhancement opportunities if needed.
<br /> The Self Insurance fund balance is established using the annual actuarial report for anticipated
<br /> losses relating to workers' compensation and general liability claims.
<br /> 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
<br /> Self Insurance Fund 689 Actual Actual Adopted Projected Projected Projected Projected Projected Projected
<br /> Beginning Fund Balance 2,346,707 2,296,857 2,112,211 2,346,059 2,505,192 2,636,596 1,852,422 1,065,589 276,815
<br /> Revenue
<br /> Service Charges 3,603,030 4,059,121 4,180,895 5,433,474 5,433,474 5,487,809 5,542,687 5,598,114 5,654,095
<br /> Other Revenues/Interest Income 163,776 145,433 127,500 95,000 95,000 95,000 95,000 95,000 95,000
<br /> Transfers from General Fund" 6,200,000 - 1,000,000 - - - - - -
<br /> Total Revenues 9,966,806 4,204,554 5,308,395 5,528,474 5,528,474 5,582,809 5,637,687 5,693,114 5,749,095
<br /> Expenditures
<br /> Personnel 211,481 219,698 238,764 252,380 264,212 223,887 229,542 234,508 239,657
<br /> Non-Personnel 9,805,175 4,169,502 4,835,783 5,116,961 5,132,858 6,143,096 6,194,978 6,247,380 6,300,306
<br /> Total Expenditures 10,016,656 4,389,200 5,074,547 5,369,341 5,397,070 6,366,982 6,424,520 6,481,888 6,539,964
<br /> Annual Surplus/(Shortfall) (40,050) (104,545) 233,848 159,133 131,404 (704,174) (786,833) (700,774) (790,050)
<br /> Ending Fund Balance 2,296,857 2,112,211 2,346,059 2,505,192 2,636,596 1,852,422 1,065,589 276,815 (514,054)
<br /> * Transfers from the General Fund to the Self Insurance Fund for Prioritizing Unfunded Liability Liquidation
<br /> (PULL)program funds approved by City Council to reduce unfunded liabilities.
<br /> Non-personnel expenses include payment to the Other Post Employment Benefit(OPEB)trust account to fund
<br /> this benefit liability:
<br /> • 2008-09 thru 2010-11 = $500,000 per year
<br /> • 2011-12 thru 2012-13 = $250,000 per year
<br /> 0 2013-14 thru 2024-25 = $750,000 per year
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