Santa Clara LAFCO Staff Report Proposed FY 2027 Final Budget and AB 2561 Discussion 2026-06-03
LAFCO Increases FY 2027 SDRMA Insurance Budget
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Description
Santa Clara LAFCO’s FY 2027 final budget increases its general liability and workers’ compensation coverage purchase from the Special District Risk Management Authority to $11,623. The change reflects higher estimated costs for property/liability and workers compensation programs.
Contract Details
Contract Amount
$11,623 ($10,638 property/liability + $985 workers compensation)
Vendor
SPECIAL DISTRICT RISK MANAGEMENT AUTHORITY SDRMA
Agency
San Martin County Water District, CA
Contract Type
INSURANCE
Document Date
June 3, 2026
Contract Term
Fiscal Year 2026-2027 (FY 2027)
Renewal Date
2027-06-30
Renewal Info
Annual insurance purchase budgeted each fiscal year; FY 2027 allocation set at $11,623 based on SDRMA estimates.
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