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Other Budget Impacts <br />General Liability <br />The City’s Self Insured Retention (SIR) through the California Joint Powers Risk Management Authority (CJPRMA) risk pool was <br />increased from $500,000 to $750,000 for claim incidents occurring on or after July 1, 2022. Therefore, claims in excess of <br />$750,000 will be covered by CJPRMA as per the Memorandum of Coverage. The City expects this SIR to increase at the end of <br />2021-22, given the inationary pressures on the insurance industry. <br />The CJPRMA has a membership of almost 100 agency jurisdictions, including the City of San Leandro. The biennial budget <br />includes $1,000,000 in funding for General Liability claim Settlement/Judgements in each scal year. These costs are forecast <br />to remain level in subsequent years. <br />Debt Service Payments <br />Debt Service payments are based upon established debt payment schedules for General Fund debt and loans, Special <br />Assessment Funds Debt, Water Pollution Control Plant debt, Successor Agency debt, Shoreline Enterprise Fund debt, and San <br />Leandro Public Financing Authority debt. These debt payment schedules were used for the forecast projections of debt service <br />in subsequent years. <br />City of San Leandro | Proposed Biennial Budget FY24-25 Page 29