PARSAC is a joint powers authority formed under California government code and governed by a Board of Directors representing every member. The Board meets twice per year to determine program budget and funding, consider new programs and services, and guide the direction of the organization. An Executive Committee, elected from the Board, meets quarterly to develop strategic goals and recommendations for the Board’s consideration. Subcommittees comprised of member subject matter experts support the Executive Committee.
PARSAC operates under the “Carver” system of board governance. Board members are policy makers and hold staff responsible for accomplishing “end results”.
End 1: Programs and Services
The Executive Committee, Board of Directors and staff make decisions and develop programs and services that benefit PARSAC members as a whole.
End 2: Pool Standards and Funding
Members understand that financial benefit is achieved through adherence to standards of best practice in risk management and an equitable sharing of risk and funding.
End 3: Pool Operations
PARSAC operates efficiently, and regularly evaluates and builds the capacity and infrastructure required to meet the evolving and diverse risk management needs of member agencies.
End 4: Support of Member Entities
A well-informed, supportive member entity commits to a productive and safe community.
End 5: Member Retention and Growth
PARSAC benefits from a strong, cohesive member base, with a high level of member satisfaction and retention, and appropriate growth based on our shared values.
Conflict of Interest:
The Political Reform Act (Government Code § 81000, et seq.) requires state and local government agencies to adopt and promulgate conflict of interest codes. The Fair Political Practices Commission has adopted a regulation (Cal. Code of Regs. § 18730) which contains the terms of a standard conflict of interest code. After public notice and hearing the policy may be amended by the Fair Political Practices Commission to conform to amendments in the Political Reform Act. Therefore, the terms of California Code of Regulations § 18730 and any amendments to it duly adopted by the Fair Political Practices Commission are hereby incorporated by reference. The below regulation and Appendix designating officials and employees and establishing disclosure categories, shall constitute the conflict of interest code of the Public Agency Risk Sharing Authority of California (the “Authority”).
PARSAC Board representatives, certain vendors, and employees are subject to annual reporting economic interests under the Fair Political Practices Act. A Form 700 Statement of Economic Interests must be completed within 30 days of each appointment, renewed annually, and filed with PARSAC. Visit www.fppc.ca.gov for more information.