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Board Declares $1.7 Million Dividend
Action Needed: Select Your Distribution Method

When the programs are in a strong financial position, meaning enough premiums were collected to cover claims costs, the Board is able to declare dividends for members. If claims costs exceed premiums, then an assessment would be necessary.

Due to the Board's historically conservative funding approach and members' overall excellent loss experience, the Board has declared a dividend totaling $728,668 from the Liability Program and $999,294 from the Workers' Compensation Program. Please refer to the allocation schedule for your entity's 2015-16 premium and dividend or assessment amount.*

Please take a moment to let us know how your agency prefers to receive its dividend:
 


*Some members will receive an assessment due to their individual loss experience, and/or they have not participated in the program long enough to build equity. If you have any questions, feel free to call Karen Nixon at 800-400-2642 or email knixon@parsac.org.
Election Results: Executive Committee
We are pleased to welcome two new members to the Executive Committee: Debra Breidenbach-Sterling and Jeff Gardner. In addition, the Board affirmed John Gillison as Vice President and Steve Rogers as Treasurer. As a result, the new Executive Committee is as follows:
Officers
President Greg Franklin, City of Yucaipa
Vice President John Gillison, City of Rancho Cucamonga
Auditor/Controller Carolyn Steffan, City of Tehama
Treasurer Steve Rogers, Town of Yountville

Members at Large
Debra Breidenbach-Sterling, Town of Yucca Valley
Chuck Dantuono, City of Highland
Jeff Gardner, City of Plymouth
Catrina Olson, City of Nevada City
Nathalie Manning, City of Watsonville
Cleve Morris, City of Placerville
Ronda Rivera, City of Citrus Heights
 
Thank you for your service! 
Member News
Amador City's Celebrates Its Centennial
Photo courtesy Virginia Jamison-Vasquez
Kin Ong had the pleasure of joining in on the City's Centennial Celebration recently which included a parade featuring the famed old fire engine. Amador City was founded on June 2, 1915 by a California rancher who discovered gold along the nearby river bank. During its gold mining heyday, the City's population was estimated to be as high as 6,000 people. Its most popular mine, Keystone Consolidated, operated from 1853 - 1942, was over 2,000 feet deep, and yielded about $24 million in gold. Today, this quaint city features several historic buildings, the oldest dating back to the early 1860's, and a strong sense of community pride. (Amador-City.com)
Photos by Kin Ong
VIDEO: The Citrus Heights S.W.A.T. team shaved their heads in support of a local, 8 year old boy fighting cancer (CBS Sacramento). For more information about Sawyer, visit his Facebook community page: Sawyer's Warriors.
Avalon is #upforwhatever!
This special event featuring thousands of attendees filled Avalon with music and fun. Due to the City's careful planning and coordination with the event host and Los Angeles County public safety agencies, the weekend went very smoothly. Kudos to Avalon Fire Chief Mike Krug, LA County Sheriff Captain Doug Fetterol, and all City staff. Great job!
Copyright © 2015 Public Agency Risk Sharing Authority of California, All rights reserved.


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