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HomeMy WebLinkAboutfinancial-stability-group-presentationFINANCIAL STABILITY EMS SYSTEM REDESIGN FINANCIAL STABILITY GOAL •To develop and explore different ideas and concepts to ensure the financial stability of the EMS system moving forward JOINT POWERS AUTHORITY (JPA) •What does this look like from a government model? •Can Cities choose to participate? •Do Cities have to contribute financially? •Do Cities assume any liability? •What if Cities choose not to participate? •What do Cities gain if they join? CONSIDERATIONS FOR JPA Would the JPA subcontract? Would the JPA hire all their staff and procure equipment? JPA –SUBCONTRACT MODEL Significantly limit the amount of startup costs needed JPA would still need an executive administrative staff Need to have sufficient funds in place until payment is received from transports •Identify what amount of funds •Identify who would be responsible for providing funds JPA –NON SUBCONTRACT MODEL Large startup cost needed JPA would need a full staff of employees Need to buy all equipment and supplies Need to have sufficient funds in place until payment is received from transports Identify what amount of funds Identify who would be responsible for providing funds FINANCIAL ADVANTAGES TO JPA OR PUBLIC AGENCY Participate in AB1705 •What does this mean?? IGT program •What does this mean?? ET3 •What does this mean?? First Responder Fee NEED TO DETERMINE WHAT THE SYSTEM COSTS TO RUN TO START MOVING FORWARD WE WILL NEED TO UNDERSTAND WHAT THE SYSTEM COSTS TO RUN FINANCIAL CONCERNS WHO OWNS THE CURRENT LIABILITY AND DOES THIS CHANGE WITH A JPA THANK YOU!