CAJPA September 17, 2015 Rob Kramer, President, Program Administration Adrienne Beatty, Manager, Program Administration Words of Wisdom Taking Your JPA.

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Presentation transcript:

CAJPA September 17, 2015 Rob Kramer, President, Program Administration Adrienne Beatty, Manager, Program Administration Words of Wisdom Taking Your JPA Out of Financial Cruise Control: Alternative Uses for Equity

Leverage your JPA’s ability for financial flexibility to get Creative!

Robust equity allows JPA’s to optimize financial potential “If you have money you have options” …who said that??

Standard option…

More creative options… Member Contingency Fund Rate Stabilization Fund Risk Management Fund Grant Fund Mid-Layer Pool Group Purchase of Risk-related supplies Safety Award Program Re-allocation to deficit program years Reducing deficits in other programs Rent-A-Risk Manager Virtual Risk Manager

More creative options… Member Contingency Fund Rate Stabilization Fund Risk Management Fund Grant Fund

More creative options… Mid-Layer Pool

More creative options… Group Purchase of Risk-related supplies

More creative options… Safety Award Program

More creative options… Re-allocation to deficit program years Reducing deficits in other programs

More creative options… Rent-A-Risk Manager Virtual Risk Manager

What other creative options can you think of?