Pays $4.18M to Northern California ReLiEF and $904,000 to PRISM for 2025-26 excess insurance coverage
The district is paying for excess workers' compensation coverage ($904,000, to PRISM, a joint powers authority) and excess property and liability coverage ($4,178,073, to Northern California ReLiEF, another joint powers authority) for 2025-26. The text does not state a combined total.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Vendor / partner
- Northern California ReLiEF and PRISM
- Action
- Other
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- Legal, compliance & risk
- Term
- Jul 1, 2025 – Jul 1, 2026
- This vote
- $4,178,073
- Presented by
- Chief Financial Officer
- File
25-1639· agendaL.-49- Outcome
- Adopted on the General Consent Report, Jun 25, 2025
Official text
Approval by the Board of Education of payment of membership contributions (premium) to Public Risk Innovation, Solutions, and Management (PRISM), a Joint Powers Authority (“JPA”), for Excess Workers’ Compensation Coverage, for Fiscal Year 2025-2026, in the amount of $904,000.00 and payment of premium to Northern California ReLiEF (“NCR”) JPA, administered by Keenan & Associates, Torrance, CA (Broker), for Excess Property and Liability Coverage. for July 1, 2025 through July 1, 2026, in the amount of $4,178,073.00, respectively.
History
- Adopted on the General Consent Report