Loading...
Total Compensation Services A2017-139AGREEMENT NO. A2017-139 FOR PROFESSIONAL SERVICES BETWEEN THE CITY OF CHINO HILLS AND TOTAL COMPENSATION SERVICES THIS AGREEMENT, made and entered into this 1st day of April, 2017, between the CITY.OF CHINO HILLS, a municipal corporation, hereinafter referred to as "City" and "TOTAL COMPENSATION SERVICES", hereinafter referred to as "Consultant". In consideration of the mutual covenants and conditions set forth herein, the parties agree as follows: 1. SCOPE OF SERVICES. Consultant agrees to perform the services set forth in Exhibit A "SCOPE OF SERVICES" attached hereto and made a part hereof. Consultant shall submit its work to the City for its review after completing each phase of the project as described in Exhibit A, or when otherwise requested by the City. Consultant shall, at its own cost, make any revisions of its own work as required by the City and re -do, at its own cost, any work which the City finds unsatisfactory due to Consultant's or subcontractor's errors or omissions. Consultant represents and warrants that it has the qualifications, experience and facilities to properly perform said services in a thorough, competent and professional manner and shall, at all times during the term of this Agreement, have in full force and effect, all licenses required of it by law. Consultants shall begin its services under this Agreement on April 2, 2017. -1- 2. STATUS OF CONSULTANT. Consultant is and shall at all times remain as to the City a wholly independent contractor. The personnel performing the services under this Agreement on behalf of Consultant shall at all times be under Consultant's exclusive direction and control. Neither City nor any of its officers, employees or agents shall have control over the conduct of Consultant or any of Consultant's officers, employees or agents, except as set forth in this Agreement. Consultant shall not at any time or in any manner represent that it or any of its officers, employees or agents are in any manner officers, employees or agents of the City. Consultant shall not incur or have the power to incur any debt, obligation or liability whatever against City, or bind City in any manner. Consultant shall not disseminate any information or reports gathered or created pursuant to this Agreement without the prior written approval of City except information or reports required by government agencies to enable Consultant to perform its duties under this Agreement. 3. CONSULTANT'S KNOWLEDGE OF APPLICABLE LAWS. Consultant shall keep itself informed of applicable local, state and federal laws and regulations which may affect those employed by it or in any way affect the performance of its services pursuant to this Agreement. Consultant shall observe and comply with all such laws and regulations affecting its employees. City and its officers and employees, shall not be liable at law or in equity as a result of any failure of Consultant to comply with this section. -2- 4. PERSONNEL. Consultant shall make every reasonable effort to maintain the stability and continuity of Consultant's staff assigned to perform the services hereunder and shall obtain the approval of the City Manager of all proposed staff members performing services under this Agreement prior to any such performance. 5. COMPENSATION AND METHOD OF PAYMENT. Compensation to the Consultant shall be as set forth in Exhibit A attached hereto and made a part hereof. Total compensation shall not exceed $ 7,500. Payments shall be made within thirty (30) days after receipt of each invoice as to all undisputed fees. If the City disputes any of consultant's fees it shall give written notice to Consultant within 30 days of receipt of an invoice of any disputed fees set forth on the invoice. 6. ADDITIONAL SERVICES OF CONSULTANT. Consultant shall not be compensated for any services rendered in connection with its performance of this Agreement which are in addition to those set forth herein or listed in Exhibit A, unless such additional services are authorized in advance and in writing by the City Manager. Consultant shall be compensated for any additional services in the amounts and in the manner as agreed to by City Manager and Consultant at the time City's written authorization is given to Consultant for the performance of said services. 7. ASSIGNMENT. All services required hereunder shall be performed by Consultant, its employees or personnel under direct contract with Consultant. Consultant shall not assign to any subcontractor the performance of this -3- Agreement, nor any part thereof, nor any monies due hereunder, without the prior written consent of City Manager. 8. FACILITIES AND RECORDS. Consultant shall maintain complete and accurate records with respect to sales, costs, expenses, receipts and other such information required by City that relate to the performance of services under this Agreement. Consultant shall maintain adequate records of services provided in sufficient detail to permit an evaluation of services. All such records shall be maintained in accordance with generally accepted accounting principles and shall be clearly identified and readily accessible. Consultant shall provide free access to the representatives of City or its designees at reasonable times to such books and records, shall give City the right to examine and audit said books and records, shall permit City to make transcripts therefrom as necessary, and shall allow inspection of all work, data, documents, proceedings and activities related to this Agreement. Such records, together with supporting documents, shall be maintained for a period of three (3) years after receipt of final payment. 9. TERMINATION OF AGREEMENT. This Agreement will terminate on June 30, 2018, unless otherwise extended in advance and in writing by the City Manager. This Agreement may be terminated with or without cause by either party upon 30 days written notice. In the event of such termination, Consultant shall be compensated for non -disputed fees under the terms of this Agreement up to the date of termination. -4- 10. COOPERATION BY CITY. All public information, data, reports, records, and maps as are existing and available to City as public records, and which are necessary for carrying out the work as outlined in the Scope of Services, shall be furnished to Consultant in every reasonable way to facilitate, without undue delay, the work to be performed under this Agreement. 11. OWNERSHIP OF DOCUMENTS. The City recognizes that, in order for Consultant to perform the Services under this Agreement, Consultant will use certain existing proprietary algorithms, processes, software programs and source code, standardized and repetitive report text, data, information etc. (collectively the "Tools") as well as certain information in the public domain and that Consultant uses and will use both the Tools and the information in the public domain in performing services for other parties. Therefore, the City and Consultant agree that anything in this Agreement to the contrary notwithstanding, Consultant shall retain all right, title and interest in and to the Tools. Consultant hereby grants to City a perpetual, worldwide, royalty -free license, or sublicense, to use, copy, maintain, or sublicense others to use, copy or maintain the Tools solely in connection with the City's utilization of the work product that is the result of Consultant's Services hereunder work performed under this agreement (the "Work Product"). Consultant agrees that, subject only to Consultant's ownership of all rights, title and interest in and to the Tools and to information in the public domain, the City shall own all right, title and interest in and to the Work Product, including the -5- copyright thereto. Notwithstanding Consultant's ownership of all right, title and interest in and to the Tools, Consultant agrees that under no circumstances will it use the Work Product in any manner that infringes or violates the ownership interests of City in the Work Product. Notwithstanding the City's ownership of all rights, title and interest in the Work Product, City agrees that it will not utilize the Tools in any manner that infringes or violates the ownership interests of Consultant in the Tools. To the extent that the Agreement requires Consultant to provide the City with certain data, work products, etc. upon completion of work performed under this agreement (the Services), said requirement is hereby modified as follows: (i) Consultant may retain copies of all Work Product, data etc. provided by it to the City to comply with Consultant's insurers' requirements and prudent risk management practices, (ii) Consultant may, as a part of it actuarial practice, aggregate client data, including the City's data, in order to conduct experience studies for developing assumptions, providing information about norms related to funding, liability levels relative to agency size and other analytical processes. Consultant shall only use City data in a manner that does not identify its source to third parties and maintains the City and City employee's privacy and confidentiality. The City recognizes that Consultant's Tools include complicated modeling software programs that take demographic info and run numerous intermediate calculations to obtain the final results. The City agrees that it is not entitled to copies of any such intermediate data/calculations as part of the Work Product or other data to be provided to the City under this Agreement. Consultant may provide such intermediate data/calculations to the City to the extent reasonably possible and will invoice to the City for its time in extracting and transmitting such intermediate data/calculations to the City. The City recognizes that Consultant's code of ethics provides that Consultant may only provide services if it has no reason to believe that the results will not be misused. Consequently, Consultant is required to include in every relevant communication the purpose for which the Work Product is provided and to advise the client that the Work Product can only be used for that purpose; any other use will require specific consent from Consultant, which the City agrees may be withheld by Consultant. 12. RELEASE OF INFORMATION/CONFLICTS OF INTEREST. (a) All information gained by Consultant in performance of this Agreement shall be considered confidential and shall not be released by Consultant without City's prior written authorization excepting that information which is a public record and subject to disclosure pursuant to the California Public Records Act, Government Code § 6250, et seg. Consultant, its officers, employees, agents or subcontractors, shall not without written authorization from the City Manager or unless requested by the City Attorney, voluntarily provide declarations, letters of support, testimony at depositions, response to interrogatories or other information concerning the work performed under this Agreement or relating to any project or property located within the City. Response to a subpoena or court order shall not be considered "voluntary" provided Consultant gives City notice of such court order or subpoena. If Consultant or any of its officers, employees, consultants or subcontractors does voluntarily provide information in violation of this Agreement, City has the right to reimbursement and indemnity from Consultant for any damages caused by Consultant's conduct, including the City's attorney's fees. Consultant shall promptly notify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed thereunder or with respect to any project or property located within the City. City retains the right, but has no obligation, to represent Consultant and/or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and to. provide City with the opportunity to review any response to discovery requests provided by Consultant. However, City's right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response. (b) Consultant covenants that neither they nor any officer or principal of their firm have any interest in, or shall they acquire any interest, directly or indirectly which will conflict in any manner or degree with the performance of their services hereunder. Consultant further covenants that in the performance of this l� Agreement, no person having such interest shall be employed by them as an officer, employee, agent, or subcontractor without the express written consent of the City Manager. Consultant further covenants that Consultant has not contracted with nor is performing any services directly or indirectly with any developer(s) and/or property owner(s) and/or firm(s) and/or partnerships owning property in the City or the study area and further covenants and agrees that Consultant and/or its subcontractors shall provide no service or enter into any agreement or agreements with any developer(s) and/or property owner(s) and/or firm(s) and/or partnerships owning property in the City or the study area prior to the completion of the work under this Agreement without the express written consent of the City Manager. 13. DEFAULT. In the event that Consultant is in default of any of the provisions of this Agreement, City shall have no obligation or duty to continue compensating Consultant for any work performed after the date of default and can terminate this Agreement immediately by written notice to the Consultant. 14. INDEMNIFICATION. (a) Consultant represents it is skilled in the professional calling necessary to perform the services and duties agreed to hereunder by Consultant, and City relies upon the skills and knowledge of Consultant. Consultant shall perform such services and duties consistent with the standards generally recognized as being employed by professionals performing similar service in the State of California. (b) Consultant is an independent contractor and shall have no authority to bind City nor to create or incur any obligation on behalf of or liability against City, whether by contract or otherwise, unless such authority is expressly conferred under this agreement or is otherwise expressly conferred in writing by City. City, its elected and appointed officials, officers, agents, employees and volunteers (individually. and collectively, "Indemnitees") shall have no liability to Consultant or to any other person for, and Consultant shall indemnify, defend, protect and hold harmless the Indemnitees from and against, any and all liabilities, claims, actions, causes of action, proceedings, suits, damages, judgments, liens, levies, costs and expenses of whatever nature, including reasonable attorneys' fees and disbursements (collectively "Claims"), which the Indemnitees may suffer or incur or to which the Indemnitees may become subject by reason of or arising out of any injury to or death of any person(s), damage to property, loss of use of property, economic loss or otherwise occurring as a result of or allegedly caused by the negligent or wrongful acts or omissions of Consultant, its agents, officers, directors or employees, in performing any of the services under this agreement. If any action or proceeding is brought against the Indemnitees by reason of any of the matters against which Consultant has agreed to indemnify the Indemnitees as above provided, Consultant, upon notice from the CITY, shall defend the Indemnitees at Consultant's expense by counsel acceptable to the City. The Indemnitees need not have first paid any of the matters as to which the Indemnitees are entitled in order to be so indemnified. The insurance required to mom be maintained by Consultant under paragraph 15 shall ensure Consultant's obligations under this paragraph 14(b), but the limits of such insurance shall not limit the liability of Consultant hereunder. The provisions of this paragraph 14(b) shall survive the expiration or earlier termination of this agreement. The Consultant's indemnification does not extend to Claims occurring as a result of the City's sole negligent or willful acts or omissions. 15. INSURANCE. A. Insurance Requirements. Consultant shall provide and maintain insurance acceptable to the City Attorney in full force and effect throughout the term of this Agreement, against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder by Consultant, its agents, representatives or employees. Insurance is to be placed with insurers with a current A.M. Best's rating of no less than ANIL Consultant shall provide the following scope and limits of insurance: least as broad as: (1) Minimum Scope of Insurance. Coverage shall be at (a) Insurance Services Office form Commercial General Liability coverage (Occurrence Form CG 0001). (b) Insurance Services Office form number CA 0001 (Ed. 1/87) covering Automobile Liability, including code 1 "any auto" and endorsement CA 0025, or equivalent forms subject to the written approval of the City. -11- (c) Workers' Compensation insurance as required by the Labor Code of State of California and Employer's Liability insurance and covering all persons providing services on behalf of the Consultant and all risks to such persons under this Agreement. (d) Errors and omissions liability insurance appropriate to the Consultant's profession. (2) Minimum Limits of Insurance. Consultant shall maintain limits of insurance no less than: (a) General Liability: $1,000,000 per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the activities related to this Agreement or the general aggregate limit shall be twice the required occurrence limit. (b) Automobile Liability: $1,000,000 per accident for bodily injury and property damage. (c) Workers' Compensation and Employer's Liability: Workers' Compensation as required by the Labor Code of the State of California and Employers Liability limits of $1,000,000 per accident. (d) Errors and Omissions Liability: $1,000,000 per claim. B. Other Provisions. Insurance policies required by this Agreement shall contain the following provisions: -12- (1) All Policies. Each insurance policy required by this paragraph 15 shall be endorsed and state the coverage shall not be suspended, voided, canceled by the insurer or either party to this Agreement, reduced in coverage or in limits except after 30 days' prior written notice by Certified mail, return receipt requested, has been given to the City. (2) General Liability and Automobile Liability Coverages. (a) City, its officers, officials, and employees and volunteers are to be covered as additional insureds as respects: liability arising out of activities Consultant performs, products and completed operations of Consultant; premises owned, occupied or used by Consultant, or automobiles owned, leased or hired or borrowed by Consultant. The coverage shall contain no special limitations on the scope of protection afforded to City, its officers, officials, or employees. (b) Consultant's insurance coverage shall be primary insurance as respect to City, its officers, officials, employees and volunteers. Any insurance or self insurance maintained by City, its officers, officials, employees or volunteers shall apply in excess of, and not contribute with, Consultant's insurance. (c) Consultant's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability. -13- (d) Any failure to comply with the reporting or other provisions of the policies including breaches of warranties shall not affect coverage provided to the City, its officers, officials, employees or volunteers. (3) Workers' Compensation and Employer's Liability Coverage. Unless the City Manager otherwise agrees in writing, the insurer shall agree to waive all rights of subrogation against City, its officers, officials, employees and agents for losses arising from work performed by Consultant for City. C. Other Requirements. Consultant agrees to deposit with City, at or before the effective date of this contract, certificates of insurance necessary to satisfy City that the insurance provisions of this contract have been complied with. The City Attorney may require that Consultant furnish City with copies of original endorsements effecting coverage required by this Section. The certificates and endorsements are to be signed by a person authorized by that insurer to bind coverage on its behalf. City reserves the right to inspect complete, certified copies of all required insurance policies, at any time. (1) Consultant shall furnish certificates and endorsements from each subcontractor identical to those Consultant provides. (2) Any deductibles or self-insured retentions must be declared to and approved by City. At the option of the City, either the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its officers, officials, employees and volunteers; or the Consultant shall -14- procure a bond guaranteeing payment of losses and related investigations, claim administration, defense expenses and claims. (3) The procuring of such required policy or policies of insurance shall not be construed to limit Consultant's liability hereunder nor to fulfill the indemnification provisions and requirements of this Agreement. 16. NONDISCRIMINATION/NONPREFERENTIAL TREATMENT STATEMENT. In performing this Agreement, the Parties shall not discriminate or grant preferential treatment on the basis of race, sex, color, age, religion, sexual orientation, disability, ethnicity, or national origin, and shall comply, to the fullest extent allowed by law, with all applicable local, state and federal laws relating to nondiscrimination. 17. UNAUTHORIZED ALIENS. Consultant hereby promises and agrees to comply with all of the provisions of the Federal Immigration and Nationality Act (8 U.S.C.A. & 1101, et seq.), as amended; and in connection therewith, shall not employ unauthorized aliens as defined therein. Should Consultant so employ such unauthorized aliens for the performance of work and/or services covered by this contract, and should the Federal Government impose sanctions against the City for such use of unauthorized aliens, Consultant hereby agrees to, and shall, reimburse City for the cost of all such sanctions imposed, together with any and all costs, including attorneys' fees, incurred by the City in connection therewith. 18. ENTIRE AGREEMENT, This Agreement is the complete, final, entire and exclusive expression of the Agreement between the parties hereto and -15- supersedes any and all other agreements, either oral or in writing, between the parties with respect to the subject matter herein. Each party to this Agreement acknowledges that no representations by any party which are not embodied herein and that no other agreement, statement, or promise not contained in this Agreement shall be valid and binding. 19. GOVERNING LAW. The City and Consultant understand and agree that the laws of the State of California shall govern the rights, obligations, duties and liabilities of the parties to this Agreement and also govern the interpretation of this Agreement. Any litigation concerning this Agreement shall take place in the San Bernardino County Superior Court. 20. ASSIGNMENT OR SUBSTITUTION. City has an interest in the qualifications of and capability of the persons and entities who will fulfill the duties and obligations imposed upon Consultant by this Agreement. In recognition of that interest, neither any complete nor partial assignment of this Agreement may be made by Consultant nor changed, substituted for, deleted, or added to without the prior written consent of City. Any attempted assignment or substitution shall be ineffective, null, and void, and constitute a material breach of this Agreement entitling City to any and all remedies at law or in equity, including summary termination of this Agreement. Subcontracts, if any, shall contain a provision making them subject to all provisions stipulated in this Agreement. 21. MODIFICATION OF AGREEMENT. The terms of this Agreement can only be modified in writing approved by the City Council and the Consultant. -16- The parties agree that this requirement for written modifications cannot be waived and any attempted waiver shall be void. 22. AUTHORITY TO EXECUTE. The person or persons executing this Agreement on behalf of Consultant warrants and represents that he/she/they has/have the authority to execute this Agreement on behalf of his/her/their corporation and warrants and represents that he/she/they has/have the authority to bind Consultant to the performance of its obligations hereunder. 23. NOTICES. Notices shall be given pursuant to this Agreement by personal service on the party to be notified, or by written notice upon such party deposited in the custody of the United States Postal Service addressed as follows: CSC. Attention: City Clerk City of Chino Hills 14000 City Center Drive Chino Hills, California 91709 Consultant. Attention: Geoffrey L. Kischuk Total Compensation Systems, Inc. 5655 Lindero Canyon Road #223 Westlake Village, CA 91362 The notices shall be deemed to have been given as of the date of personal service, or three (3) days after the date of deposit of the same in the custody of the United States Postal Service. 24. CONSISTENCY. In interpreting this Agreement and resolving any ambiguities, the main body of this Agreement takes precedence over the attached -17- Exhibit; this Agreement supersedes any conflicting provisions. Any inconsistency in the Exhibit will be resolved in the order in which the Exhibit appears below: A. Exhibit A: Scope of Work & Compensation 25. SEVERABILITY. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of the other provisions of this Agreement. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written. CITY OF CHINO HILLS TOTAL COMPENSATION SYSTEMS, INC. onradt Bartlam City Manager 6�2&75ZD� 1 (Title) (Title) Exhibit A TCS* 40sttae'20, mlnPce.nsation January 26, 2016 Christina Aguirre City of Chino Bills 14000 City Center Dr Chino Hills, CA 91709w5442 Dear Ms, Aguirre, Thank you for your request for aproposal for GASB 45 actuarial valuation services, Total Compensation Systems, Inc. (TCS) has specialized in health actuarial services: for California public employers for more than twenty years. During that time, we have performed retiree health valuations for More than 600 public employers. (Our clienflist'is attached), Because we have performed valuations for so many California 'public employers, we, areable to quote.a flat guaranteed fee comprehensive services. Last time, our fee was $3,800. However, we expect expanded what is required, with A consequent, increase in our worl, as, well. The. Attachment sw most important changes caused by GASB 75from a work perspective, As a. resultof the: additional work caused by GASB 75, we will need to increase our fees t As mentioned in the Attachment there will also be aneed for on actuarial up update for the. interim year between valuations. Out, fee for this interim update will b�,,$* These fees do.. not include any on-site meetings. A re gsw W billed 4 UW Any q 4 meetin . would be I ed . tan additional fee h Includes all travel. and meeting. preparation expenses. Meetings are rarely .needed to conduct the, valuation, but some employers choose to have a meeting for a Council presentation or a presentation;to employee. groups, Our comprehensive valuation would include the following Items, 0 :A ton year projection of the cash outlay to pay for retiree 1ealth benefits, An. estimate of the "normal cost" - Le. the value of retiree health benefits earned by active employees in thecurrent year, An estimate of the actuarial accrued, liability (AAL) I.e. the cumulative value of earned benefits for both active employees and retirees, < Payments that would be required to amortize the unfunded AAL. A discussion of actuarial methods and assumptions. 6655 Undero Canyon Road, Suite 223, WeStfakf Village, CA 91362 * (805)496-1700 * FAX (818)707.7325 d Appendices to assist the employer in complying with applicable GASB accounting standards (i.e. GASB 43 and/or 45), a Other information including a glossary, demographic summary, etc. q Cost and liability estimates would be separated between active employees and current retirees where applicable, a Cost and liability estimates would not be separated by employee classification. To begin a study, we would need several things, First, we would need a description of benefit eligibility which can be provided via relevant sections of bargaining agreements or Council policy. Second, we would need information about the cost of retiree benefits, We would also need the balance of any reserve funds held explicitly for retiree health benefits, along with the "as of date for the balance. As for as demographic infomation, attached are data elements that are typically required to complete a study. We prefer data on CD-ROM or E-mail, Please let me know if you have any questions about the above or about retiree health benefits, in general. Sincerely, . , I Geoffrey L. Kischuk, FSA, FCA, MAAA Consultant Total Compensation Systems, Inc. 5655 Lindero Canyon Road, #223 Westlake Village, CA 91362 (805)496-1700 glsaschukraltotcomp.com encl. Valuation Data Checklist The following data is needed to conduct the valuation of retiree health benefits General Information: We prefer to receive any documents in an electronic format, such as PDF's ❑ Benefit Description, including retiree health eligibility rules, extent of employer contribution and duration of coverage (typically found in collective bargaining agreements, board policies, etc.) ❑ The balance and "as of" date for any funds held explicitly for retiree health benefits in an irrevocable trust ❑ OPEB Notes section from most recent available audit report Demographic Information: We prefer to receive data via email in a standard digital format (e,g., Excel, ASCII Text, DBF, Access, etc) Our email address is g 'schuka7,toteoW com. Please ensure that Active and Retiree data have the same "as of date; Active EmAloyees: ❑ SSN, ID # or other unique identifying information ❑ DOB — date of birth ❑ Sex ❑ DOH — date of hire ❑ % of ,FTE Indicator ❑ Employee classification/bargaining unit ❑ Current rate of regular pay used to generate pension credits ❑ Frequency of above pay rate: e.g., hourly, monthly, annual, etc. Retired Employees: ❑ Include only record for retirees who receive medical/dental benefits indicating which benefit(s) each retiree has ❑ SSN, ID # or other unique identifying information ❑ DOB — date of birth ❑ Sex ❑ Retirement Date, if available ❑ Employee classification/bargaining unit ❑ District Contribution for retiree health benefits or enrollment plan, if available. TCS Actuarial Clients Following is a list of California public employers for which we have performed retiree health valuation services. ABC Unified School District Acalanes Union High School District Adelanto Elementary School District Alameda County Office of Education Alameda County Waste Management Authority Albany Unified School District Alisal Union School District Allan Hancock Joint Community College District Alpine County Office of Education Alpine County Unified School District Alpine Springs County Water District Alta Loma School District Alum Rock Union Elementary School District Alvord Unified School District Amador County Office of Education Amador County Unified School District Amador Water Agency American River Flood Control District Anaheim Union High School District Anderson Union High School District Antelope Valley College Antelope Valley Mosquito & Vector Control District Antelope Valley -East Kern Water Agency Apple Valley Unified School District Aptos - La Selva Fire Protection District Arcadia Unified School District Arcata Elementary School District Arcohe Union Elementary School District Armona Union Elementary School District Associated Students of San Jose State University Auburn Union Elementary School District Azusa Unified School District Baldy View Regional Occupation Program Banning Unified School District Banta Elementary School District Barstow Community College District Bassett Unified School District Bay Area Rapid Transit Bay Area Rapid Transit District Beach Cities Health District Bear Valley Unified School District Beaumont -Cherry Valley Recreation and Park District Bella Vista Elementary School District Belmont Redwood Shores School District Berkeley Unified School District Big Bear City Airport Big Bear City Community Services District Blue bake Union School District Bonny Doon Union Elementary School District Bmwley Elementary School District Burbank Unified School District Burnt Ranch Elementary School District Butte Valley Unified School District Butte -Glenn Community College District Cabrillo College Foundation Cabrillo Community College District Cachuma Operations and Maintenance Board Calexico Unified School District Calistoga Joint Unified School District Camarillo Health Care District Caplstmno Unified School District Carmichael Water District Carpinteria Sanitary District Cascade Union Elementary School District Casitas Municipal Water District Castaic Lake Water Agency Castaic Union School District Castro Valley Sanitary District Castro Valley United School District Castroville Community Services District Central Elementary School District Central Union School District Ceres Unified School District Cerritos Community College District Chabot -Las Positas Community College District Chaffey Community College District Charter Oak Unified School District Chatom Union School District Chino Valley Unified School District Chualar Union School District Cinnabar Elementary School District Citrus Community College District City College of San Francisco Bookstore .City of Adelanto City of Aliso Viejo City of Rolling Hills City of Arcadia City of San Clemente City of Arcata City of San Pablo City of Bell City of Scotts Valley City of Bellflower City of Seal Beach City of Buena Park City of Signal Hill City of Capitola City of Simi Valley — General Unit City of Chino City of Simi Valley — Non-sworn Management City of Chino Hills City of Simi Valley — Sworn City of Colton City of Simi Valley — Sworn Management City of Downey City of Solvang City of Elk Grove City of Sparks City of Elk Grove - HRA City of Stanton City of Emeryville City of Tustin City of Eureka City of Villa Park City of Folsom Claremont Unified School District City of Garden Grove Cloverdale Unified School District City of Glendora Clovis Unified School District CIty of Hawthorne Coachella Valley Unified School District City of Imperial Beach Coalinga Huron Joint Unified School District City of Industry Coast Community College District City of Ione Coastline Regional Occupational Program City of Irwindale Coastside County Water District City of La Caflada Flintridge Coastside Fire Protection District City of La Palma Colfax, Elementary School District City of La Puente College of Marin City of Lafayette College of the Desert City of Laguna Woods College of the Redwoods City of Lake Forest College of the Sequoias City of Lakeport College of the Siskiyous City of Lawndale Colton Joint Unified School District City of Loma Linda Columbia Elementary School District City of Los Alamitos Community Development Commission of The County of Los City of Los Banos Angeles City of Malibu Compton Community College District City of Menifee Compton, Creek Mosquito Abatement District City of Modesto Conejo Valley Unified School District City of Monrovia Conrad Hilton Foundation City of Morro Bay Contra Costa Community College District City of Norwalk Contra Costa Community College District City of Oakdale Contra Costa County Office of Education City of Palm Springs Contra Costa SELPA City of Palos Verdes Estates Corcoran Joint Unified School District City of Porterville Corning Union Elementary School District City of Rancho Mirage Corona-Norco Unified School District City of Red Bluff Cottonwood Elementary School District City of Rialto Cottonwood Fire Protection District County of San Benito Cucamonga School District Cuesta College Culver City Unified School District Cupertino Union School District Cutten Elementary School District Cypress Charter High School Cypress School District Davis Joint Unified School District Del Norte County Office of Education Del Norte County Schools Del Paso Manor Water District Delano Union School District Denair Unified School District Desert Health Care District Desert Sands Unified School District Diocese of San Bernardino Dixon Unified School District Dos Palos Oro Loma Joint Unified School District Downey Unified School District Duarte Unified School District Ducor Union Elementary School District Durham Unified School District East Bay Dischargers Authority East Whittier City School District EastSide Union High School District Eastside Union School District Eden Area Regional Occupation Program El Camino Community College District El Dorado County Transportation Commission El Dorado Hills County Water District El Dorado Irrigation District El Dorado Union High School District El Rancho Unified School District El Segundo Unified School District Elk Grove Benefit Employee Retirement Trust Elk Grove Unified School District Emery Unified School District Enterprise Elementary School District Escalon Unified School District Etiwanda School District Eureka City Schools Evergreen School District Fairfax Elementary School District Fairfield -Suisun Sewer District Fall River Joint Unified School District ,Feather River Community College District Feather River Community College District Ferndale Unified School District Folsom -Cordova Unified School District Fontana Unified School District Foothill-DeAuza Community College District Forest Hill Union School District Forestville Union School District Fortuna Union High School District Fountain Valley Elementary School District Fowler Unified School District Franklin Elementary School District Fremont Unified School District Fremont Union High School District Freshwater School District Fresno Unified School District Fullerton Joint Union High School District Galt Joint Union Elementary School District Garfield School District Garvey Elementary School District Gateway Unified School District Gavilan Community College District Glendale Community College District Glenn County Office of Education Gold Coast Transit Goleta Sanitary District Goleta Water District Goleta West Sanitary District Grant Joint Union High School District Grenada Elementary School District Grossmont-Cuyamaca Community College District Guerneville Elementary School District Hacienda La Puente Unified School District Hanford Joint Union High School District Happy Camp Union Elementary School District Happy Valley Union Elementary School District Hart Ransom Academic Charter School Had Ransom Union Elementary School District Hartnell Community College District Hayward Unified School District Healdsburg Unified School District Hemet Unified School District Hillsborough City School District Hope Elementary School District Housing Authority City and County of Fresno Housing Authority of the City of Los Angeles Housing Authority of the City of San Buenaventura Housing Authority of the County of San Joaquin Hughson Unified School District Humboldt Bay Harbor Recreation and Conservation District Humboldt County Office of Education Humboldt State University Center Humboldt Transit Authority Idyllwild Fire Protection District Igo-Ono-Platina Union School District Imperial Valley College Indian Springs Elementary School District Indian Wells Valley Water District Ironhouse Sanitary District Jacoby Creek Charter School Jefferson Elementary School District Jefferson School District Jefferson Union High School District Jesuit High School Junction Elementary School District Kelseyville Unified School District Kensington Police Protection & Community Services District Kerman Unified School District Kern Community College District Kern Council of Governments Kern County Law Library Kernville Union School District King City Union School District Kings County Office of Education Kings River Union Elementary School District Kings River -Hardwick Union School District Kingsburg Elementary Charter School District Kit Carson Union School District Klamath -Trinity Joint Unified School District Knights Ferry Elementary School District Konocti Unified School District La Habra City School District Lafayette School District Laguna Beach Unified School District Lake Elsinore Unified School District Lake Tahoe Community College District Lakeside Union School District Lancaster School District Lancaster School District - MediGap Trust Las Lomitas School District Las Virgenes Municipal Water District Las Virgenes Unified School District Lassen Community College District Lassen County Office of Education Lassen Municipal Utility District Laton Unified School District Le Grand Union Elementary School District Le Grand Union High School District Lemoore Union Elementary School District Lemoore Union High School District Lewiston Elementary School District Liberty Union High School District Lincoln Unified School District Linden Unified School District Live Oak School District Live Oak Unified School District Livermorcamador Valley Transit Authority Long Beach City College Loomis Union School District Los Alamitos Unified School District Los Angeles County Law Library Los Angeles County West Vector & Vector -Borne Disease Control District Los Gatos Union School District Los Gatos -Saratoga Joint Union High School District Luther Burbank Elementary School District Madera County Office of Education Magnolia School District March Joint Powers Authority Marin County Office of Education Mark West Union School District Martinez Unified School District Marysville Joint Unified School District McCabe Union Elementary School District McKinleyville Community Services District McKinleyville Union School District McSwain School District Meeks Bay Fire Protection District Mendocino Unified School District Mendocino -Lake Community College Mendota Unified School District Menlo Park City School District Merced City School District Merced Community College District Merced County Office of Education Merced Union High School District Mid -Placer Public Schools Transportation Agency Middletown Unified School District Midpeninsula Regional Open Space District Midway City Sanitary District Millbrae School District Milpitas Unified School District Mission Union School District Mission. Valley ROP Montecito Sanitary District Montecito Water District Monterey County Schools .Insurance Group Monterey Peninsula Community College District Monterey Peninsula Regional Park District Monterey Peninsula Unified School District Moorpark Unified School District Moraga School District Moreland School District Morongo Unified School District Mosquito & Vector Management District of Santa Barbara County Mount Pleasant Elementary School District Mount San Antonio Community College District Mount San Antonio Community College District Auxiliary Mount Shasta Union School District Mountain Valley Unified School District Mountain View Elementary School District Mountain View Los Altos Union High School District Mt, Diablo Unified School District Mt. San Jacinto Community College District Muroc Joint Unified School District Murrieta Valley Unified School District Napa County Office of Education Napa Sanitation District Natomas Unified School District Nevada Joint Union High School District New Hope Elementary School District New Jerusalem Elementary School District Newcastle Elementary School District Newman Crows Landing Unified School District North Cow Creek Elementary School District North Monterey County Unified School District North of the River Municipal Water District North Orange County Community College District North Orange County Regional Occupational Program North Sacramento,Elementary School District North Tahoe Fire Protection District Northern Humboldt Union High School District Northwest Mosquito and Vector Control District Norwalk La Mirada Unified School District Novato Unified School District Oakdale Joint Unified School District Oakland Unified School District Oakley Union Elementary School District Ocean View School District Oceanside Unified School District Ohlone Community College District Ojai Valley Sanitary District Old Adobe Union School District Ontario Montclair School District (Grantor Frust) Ontario Montclair School District Board of Trustees Ontario -Montclair School District (General Trust) Orange Center School District Orange County Superintendent of Schools Orange Unified School District Orcutt Academy Charter Orcutt Union School District Oxnard School District Oxnard Union High School District Pacheco Union School District Pacific Grove Unified School District Pacific Union School District Pacifica School District Pajaro Valley Public Cemetery District P4aro Valley Unified School District Palm Desert Charter Middle School Palm Springs Unified School District Palmdale School District Palo Alto Unified School District Palo Verde Community College District Palo Verde Unified School District Palomar Community College District Palos Verdes Peninsula Unified School District Paradise Elementary School District Pasadena .Area Community College District Pasadena Area Community College District GASB 27 Paso Robles Joint Unified School District Patterson Joint Unified School District Peralta Community College District Perris Elementary School District Pico Water District Piedmont Unified School District Pioneer Union School District Pittsburg Unified School District Placer County Office of Education Placer County Transportation Planning Agency Placer Hills Union School District Planada Elementary School District Pleasant Valley School District Plumas County Community Development Commission Plumas County Office of Education Plumas Unified School District San Bernardino City Unified School District Port of Hueneme - Oxnard Harbor District San Bernardino Community College District Portola Valley School District San Bernardino County Superintendent of Schools PSA2 Area Agency on Aging Sari Bruno Park School District Public Employees Union, Local San Carlos School District Rancho Santiago Community College District San Francisco Community College District Ravenswood City Elementary School District San Francisco Unified School District Reclamation District No. 1000 San Gabriel Valley Mosquito & Vector Control District Reclamation District No. 900 San Gabriel Valley Municipal Water District Redding Elementary School District San Jacinto Unified School District Redlands Unified School District San Joaquin County Office of Education Reef -Sunset Unified School District San Joaquin Delta Community College District Rescue Fire Protection District San Jose Evergreen Community College District Rialto Unified School District San Juan Unified School District Richfield Elementary School District San Juan Water District Rim of the World Unified School District San Lorenzo Unified School District Rincon del Diablo Municipal Water District San Lorenzo Valley Unified School District Rincon Valley Union School District San Luis Coastal Unified School District Rio Dell Elementary School District San Luis Obispo County Superintendent Rio Hondo Community College District San Mateo County Community College District Rio School District San Mateo County Office of Education Ripon Unified School District San Mateo Union High School District River Delta Unified School District San Mateo -Foster City School District Riverbank Unified School District Santa Aria Unified Schoof District Riverdale Joint Unified School District Santa Barbara Community College District Riverside Community College District Santa Barbara County Association of Governments Riverside Transit Agency Santa Barbara Teachers .Federal Credit Union Roberts Ferry Elementary School District Santa Cladta Community College District Robla School District Santa Cruz City School District Rocklin Unified School District Santa Cruz County Office of Education Rohnervitle School District Santa Cruz Metropolitan Transit District Romoland School District Santa Maria Public Airport District Rosedale Union School District Santa Monica Community College District Roseland Elementary School District Santa Monica -Malibu Unified School Roseville City School District Santa Rita Union School District Roseville Public Cemetery District Saugus Union Elementary School District Ross School District Savanna Elementary School District Rowland Unified School District Scotts Valley Unified School District Sacramento Area Council of Governments Selma Kingsburg Fowler County Sanitation District Sacratnento City Unified School District Sequoia Union High School District Sacramento Suburban Waxer District Shasta County Office of Education Saddleback Valley Unified School District Shasta Tehama Trinity Joint Community College District Salinas City Elementary School District Shasta Union Elementary School District Salinas Union High School District Shasta Union High School Charter School San Andreas Sanitary District Shasta Union High School District San Benito County Office of Education Shasta -Trinity ROP JPA San Benito County Water District Sierra Joint Community College District Sierra Unified School District Silicon Valley Clean Water Silver Valley Unified School District Simi Valley Unified School District Siskiyou County Office of Education Siskiyou Union High School District Snowline Joint Unified School District Solano County Community College District Solano County Office of Education Soledad Unified School District Sonoma County Library Soquel Union School District South Bay Union School District South Coast Regional Occupational Program South County Support Services Agency South Fork Union School District South Monterey County High School District South Orange County Community College District South San Francisco Unified School District Southern California Library Cooperative Southern Humboldt Joint Unified School District Southern Trinity Joint Unified School District Southwest Transportation Agency Southwestern Community College District St. Helena Unified School District Stanislaus County Office of Education Stanislaus Union School District Stege Sanitary District Stellar Charter School Stockton Unified School District Successor Agency to the Redevelopment Agency of the City and County of San Francisco dba San Francisco Office of Community Investment and infrastructure (OCII) Sulphur Springs Elementary School District Sunnyside Union Elementary School District Sunnyvale School District Susanville School District Sutter County Office of Education Sylvan Union Elementary School District Tahoe -Truckee Sanitation Agency Tahoe -Truckee Unified School District Temple City Unified School District Torrance Unified School District - Current Plan Torrance Unified School District - Grandfathered Retirees Town of Fairfax Tracy Joint Unified School District Tri -County Schools Insurance Group Trinidad Union School District Trinity Alps Unified School District Trinity County Office of Education Trinity Union High School District Truckee Donner Public Utility District Truckee Fire Protection District Truckee Sanitary District Trust for Retirees of Associated California Schools Turlock Unified School District Tustin Unified School District Twin Hills Union School District Union Sanitary District United Water Conservation District Upper Lake Union Elementary School District Val Verde Unified School District Valley County Water District Valley Home Joint School District Valley Sanitary District Ventura County Community College District Victor Elementary School District Victor Valley Community College District Victor Valley Union High School District Victor Valley Wastewater Reclamation Authority Walnut Creek School District Washington Charter School District Washington Unified School District Washington Union High School District Washington Union School District Weaverville Elementary School District Weed Union Elementary School District West Contra Costa Transportation Advisory Committee West Hills Community College District West Dern Community College District West Sonoma County Union High School District West Valley Mission Community College District Western Placer Unified School District Westside Union School District Wheatland School District Wheatland Union High School District William S, Hart Union High School District Williams Unified School District Wilsona School District Wimberly, Allison Tong & Goo Winters Joint Unified School District Winton School District Woodlake Unified School District Woodlake Union Elementary School District Woodlake Union High School District Woodland Joint Unified School District Woodside Elementary School District Yolo County Office of Education Yolo County Transportation District Yorba Linda "Water District Yosemite Community College District Yreka Union Elementary School District Yreka Union High School District Yuba Community College District Yuba County Office of Education Yucaipa-Calimesa Unified School District ATTACHMENT: GASB 75 — New Issues and Ramifications GASB 75 changes Other PostEmployment Benefit (OPER) reporting requirements substantially from GASB 45. While the basic calculations will be based on the same valuation methodology, the results will be presented much differently. The most important changes are as follows: 1) Funding Valuation?, Current expense will be determined much differently. The current expense will be far more volatile than under GASB 45. Public agencies that have been funding based on the valuation report for accounting compliance will no longer want to do so. Agencies funding on an actuarial basis will most likely want a separate funding valuation. Agencies that aren't currently funding their obligation, agencies funding on an ad hoc basis and agencies funding on a basis other than an actuarial basis may not need to have a separate funding valuation. Agencies obtaining a separate funding valuation will no longer be constrained by accounting requirements when it comes to amortization, interest assumptions, assumptions about future plan changes, etc. 2) Expanded Note Disclosure. GASB 75 will dramatically expand the Note Disclosure and the work associated with supporting the new, expanded disclosure. Some of the changes will not require additional work (e.g, table showing the number of plan participants by type). Some of the important changes that will require additional work are as follows; a. Table showing effect of 1 % change in interest assumption. This requires running the valuation two more times b. Table showing effect of 1% change in trend assumption. This also requires running the valuation two more times c. Tables showing cumulative amounts of deferred Inflows and outflows d. Table detailing changes in the OPEB Liability for the most recent ten fiscal years e. Table showing most recent ten fiscal year actuarially determined contributions (and other items) 3) Expanded Required Sunplementary Information (RSI) Schedule GASB 75 will require ten fiscal years of information 4) Interim Y2gr Actuarial URdall GASS 75 will require that asset and liability numbers be updated for at least one of the two fiscal years for which a valuation is being used. The update is nowhere near the amount of work for a new valuation, but will require new numbers and a new opinion letter or report, including new note disclosure information. We are updating our systems to minimize the cost of this additional work. Nevertheless, we will not be able to absorb the additional cost, Therefore we are implementing a fee increase for the valuation and a separate, much lower fee for the interim year update.