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6.D. - Page 2 of 4 <br />actuarial analysis completed by Bickmore in February 2018. Based on the foregoing, the total annual <br />assessment for FY 2018-19 is $69,191. The amount owed by the City is a percentage of the DIR's total <br />indemnity statewide for self-insured employers. <br />The annual assessment collected by the DIR has a nexus to the City's status as a self-insured employer <br />because the funds collected are used for the following State funds: State's Workers' Compensation <br />Revolving Fund; Uninsured Employers Benefits Trust Fund; Subsequent Injuries Benefits Trust Fund; <br />Occupational Safety and Health Fund; Workers' Compensation Fraud Account Fund; and the Labor <br />Enforcement Compliance Fund. <br />If the City does not pay its annual assessment, it risks losing consent from the State of California to operate <br />as a self-insured employer for the purposes of workers compensation. <br />FISCAL IMPACT <br />The fee assessed by the DIR for FY 2018-19 is $69,191. Funding for this annual assessment is included in <br />the FY 2018-19 Adopted Budget in the Workers' Compensation Fund. <br />ENVIRONMENTAL REVIEW <br />This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA <br />Guidelines, section 15378, because it has no potential for resulting in either a direct or reasonably <br />foreseeable indirect physical change in the environment. <br />PUBLIC NOTICE <br />Public Notification was achieved by posting the agenda, with the agenda items being listed, at least 72 <br />hours prior to the meeting. <br />ALTERNATIVES <br />None. This is a state -mandated fee assessment. <br />ATTACHMENTS <br />Attachment A: Resolution <br />REPORT PREPARED BY: <br />Felicia Ruiz, Principal Analyst — Workers' Compensation <br />fruiz@redwoodcity.org <br />(650) 780-7279 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />148 <br />