Paradise Valley Unified School District November 1, 2012. Discussion Points. Background/Overview Review of Financial Statements Executive Summary of VSIT/VSWCP Annual Report (handout) Services Data (handout). 2. Background/Overview
November 1, 2012
How are Insurance Services and Products Acquired?
Overview of Individual School District Procurement
Overview of Pool (Valley Schools) Procurement Process
How is Valley Schools different from other Pools/Trusts in Arizona?
Valley Schools Formation and Governance
Valley Schools Operations
VSEBT Contribution (Premium) Breakdown
What are fixed expenses?
How do you compare fixed expenses?
evaluate fixed expenses
FY 2011/12 VSEBT Fixed Expense Comparison/Annual Savings
District 1 & 2 Average (PEPM) $ 54.32
PVUSD Rate (PEPM) $ 46.42
PEPM Difference $ 7.90
PVUSD Employee Count X 2,811
Total savings on Fixed Expenses $ 266,483
Interest earnings $380,134
TOTAL $ 646,617
Valley Schools Insurance Trust
Valley Schools Workers’ Compensation Pool
Valley Schools Employee Benefits Trust
Valley Schools Management Group