INTRODUCTION

The California Sanitation Risk Management Authority (CSRMA) is composed of sanitation and sanitary agencies who joined together in 1986 for purposes of establishing certain loss reserve funds and jointly purchasing excess insurance, reinsurance, risk management services, and administrative services.

I. GOVERNING STRUCTURE

A. Governing Documents

The Joint Powers Authority is governed by the provisions of the Joint Exercise of Powers Agreement . The day-to-day operations are governed by the Bylaws and other executive directives (TAB C) adopted by the Board of Directors.

B. Board of Directors

The Board of Directors is composed of one representative from each member agency. A list of member agencies is found following TAB D. The representative is either the Manager or other employee or officer of the member agency. Each agency may also appoint an alternate. Each agency has one vote. It is the Board of Directors which has overall responsibility for governance of the Authority, including promulgation of policies, procedures and rules.

 C. Officers

The Board of Directors elect from its membership a President and Vice President who hold office for a two-year term. The President presides at both the Board of Directors meetings and the Executive Board meetings. The Board of directors also appoint a Treasurer and an Attorney. Officers of CSRMA are found listed following in the Annual Report .

D. Executive Board

The Board of Directors selects an Executive Board consisting of five members and an alternate, plus the President and Vice President. The Executive Board oversees the day-to-day business of the Authority and conducts business between the meetings of the Board of Directors. Those members serving on the Executive Board are listed in the Annual Report .

E. Standing Committees

Officers Committee - The Officers Committee is comprised of the President and Vice President, who executive and implement directives of the Executive Board.

Finance Committee - Consists of the President, Vice President and Treasurer supported by the Program Director to coordinate and oversee all financial activities and fiscal affairs of the Authority.

Pooled Liability Program Committee - Five members of the Authority, one of whom is a member of the Executive Board and who acts as Chairman, serve as the Pooled Liability Program Committee. This committee advises the Executive Board and the Board of Directors on all aspects of the Program. Specific duties and responsibilities are spelled forth in the Bylaws.

Workers' Compensation Program Committee - Five members of the Authority, one of whom is a member of the Executive Board and who acts as Chairman, serve as the Workers' Compensation Program Committee. This committee advises the Executive Board and the Board of Directors on all aspects of the Program. Specific duties and responsibilities are spelled forth in the Bylaws.

Other Committees - Other committees may be appointed by the Executive Board as is deemed appropriate for the administration of the Authority.

 F. Program Director

A Program Director is retained by the Board of Directors to administer the business and activities of the Authority, subject to the general supervision and policy direction of the Board of Directors and Executive Board. Program Director personnel assigned this function and the responsibilities called for in their contract are found in the section titled Program Director Personnel.

G. Authority Offices

The principal executive office and official address for the transaction of business of the Authority is:

California Sanitation Risk Management Authority
Driver Alliant Insurance Services
An Alliant  Resources Group Company
500 Washington St. Suite 300
San Francisco, CA 94111

II. MEMBERSHIP

Any agency may become a CSRMA member upon approval of the Executive Board and by paying an appropriate entry fee or charge as established by the Board of Directors. Participation in any of the Authority's insurance programs is conditioned upon the member agency's ability to satisfy the underwriting criteria for the program in which the member agency wishes to participate. Each program requires the signing of the Participation Agreement obligating the agency to certain conditions and responsibilities.

 

 

III. BUDGET, FINANCIAL STATEMENTS

AND FUND INVESTMENT

A. Budget

An operating budget is adopted annually by the Authority. The budget is preliminarily submitted to all members not later than 15 days prior to the Board of Directors' meeting in May.

B. Financial Statements

A quarterly unaudited financial statement is prepared by the Treasurer in conjunction with the accounting staff and distributed to all members. An audit by a certified public accountant is conducted annually.

C. Fund Investment Policy

The Authority has adopted an investment policy meeting the requirements of the Government Code.