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Approve an amendment to the Public Risk Innovation, Solutions, and Management ("PRISM") Joint Powers Agreement to revise governance structure and expand public entity representation; and Delegate authority to the County Administrator to execute the amendment and any subsequent amendments, with County Counsel concurrence, up to an aggregate of $74,999 per fiscal year
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Published Notice Required? Yes ____ No _X _
Public Hearing Required? Yes ____ No _X _
DEPARTMENTAL RECOMMENDATION:
The Office of County Counsel recommends the Board of Supervisors:
1. Approve an amendment to the Public Risk Innovation, Solutions, and Management ("PRISM") Joint Powers agreement to revise governance structure and expand public entity representation; and
2. Delegate authority to the County Administrator to execute the amendment and any subsequent amendments, with County Counsel concurrence, up to an aggregate of $74,999 per fiscal year
SUMMARY:
PRISM, established in 1979 by the California State Association of Counties (CSAC), was originally formed to serve California counties. Today, 54 of the 58 counties participate in one or more PRISM programs. Since expanding eligibility in 2001, PRISM has also grown to include a broad range of public agency members, including over 70% of California cities, as well as special districts, school districts, and joint powers authorities. PRISM is now the largest public entity property and casualty risk pool in the United States.
In recognition of this growth and the significant role public entity members play in the organization, PRISM is proposing updates to its governance structure and Joint Powers Authority (JPA) Agreement. Public entity members have participated in PRISM for over 20 years, contribute approximately half of the organization's annual funding, and actively serve on committees; however, their representation in governance has not kept pace. The proposed amendment updates the composition of the Board o...
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