California Public Employees Retirement System. Public Agency Cost-Sharing Multiple-Employer Defined Benefit Pension Plan

Transcription

1 Public Agency Cost-Sharing Multiple- Defined Benefit Pension Plan Schedules of s by and Collective Pension Amounts Miscellaneous and Safety Risk Pools

2 Schedules of s by and Collective Pension Amounts Miscellaneous and Safety Risk Pools Table of Contents Pages Independent Auditor s Report Safety Risk Pool Schedule of Collective Pension Amounts Notes to the Schedules of s by and Collective Pension Amounts

3 Certified Public Accountants Sacramento Walnut Creek San Francisco To the Board of Administration Independent Auditor s Report Oakland Los Angeles Century City Newport Beach San Diego We have audited the accompanying schedules of employer allocations by rate plan of the miscellaneous and safety risk pools of the (the System) Public Agency Cost-Sharing Multiple- Defined Benefit Pension Plan (the Plan) as of and for the fiscal year ended June 30, 2015, and the related notes. We have also audited the columns titled total pension liability, fiduciary net position, net pension liability, total deferred outflows of resources excluding employer-specific amounts, total deferred inflows of resources excluding employer-specific amounts, and pension expense (specified column totals) for the miscellaneous and safety risk pools included in the accompanying schedule of collective pension amounts of the Plan as of and for the fiscal year ended June 30, 2015, and the related notes. Management s Responsibility for the Schedules Management is responsible for the preparation and fair presentation of these schedules in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the schedules that are free from material misstatement, whether due to fraud or error. Auditor s Responsibility Our responsibility is to express opinions on the schedules of employer allocations by rate plan of the miscellaneous and safety risk pools and the specified column totals of the miscellaneous and safety risk pools included in the schedule of collective pension amounts based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the schedules of employer allocations by rate plan of the miscellaneous and safety risk pools and specified column totals of the miscellaneous and safety risk pools included in the schedule of collective pension amounts are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the schedules of employer allocations by rate plan of the miscellaneous and safety risk pools and specified column totals of the miscellaneous and safety risk pools included in the schedule of collective pension amounts. The procedures selected depend on the auditor s judgment, including the assessment of the risks of material misstatement of the schedules of employer allocations by rate plan of the miscellaneous and safety risk pools and specified column totals of the miscellaneous and safety risk pools included in the schedule of collective pension amounts, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation and fair presentation of the schedules of employer allocations by rate plan of the miscellaneous and safety risk pools and specified column totals of the miscellaneous and safety risk pools included in the schedule of collective pension amounts in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the schedules of employer allocations by rate plan of the miscellaneous and safety risk pools and specified column totals of the miscellaneous and safety risk pools included in the schedule of collective pension amounts. Macias Gini & O Connell LLP 3000 S Street, Suite 300 Sacramento, CA

4 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, the schedules referred to above present fairly, in all material respects, the employer allocations by rate plan of the miscellaneous and safety risk pools and total pension liability, fiduciary net position, net pension liability, total deferred outflows of resources excluding employer-specific amounts, total deferred inflows of resources excluding employer-specific amounts, and pension expense for the miscellaneous and safety risk pools for the Public Agency Cost-Sharing Multiple- Defined Benefit Pension Plan as of and for the fiscal year ended June 30, 2015, in accordance with accounting principles generally accepted in the United States of America. Other Matter We have audited, in accordance with auditing standards generally accepted in the United States of America, the financial statements of the fiduciary activities and the proprietary activities of the System as of and for the fiscal year ended June 30, 2015, and our report thereon, dated December 10, 2015, expressed unmodified opinions on those financial statements. Restriction on Use Our report is intended solely for the information and use of the System s management, the Board of Administration, the Plan employers and their auditors and is not intended to be and should not be used by anyone other than these specified parties. Sacramento, California April 18,

5 Fiduciary Net Position Academic Senate For California Community Colleges $ 2, $ 2,263 $ $ 7, Academic Senate For California Community Colleges ,020, , , Access Services Incorporated , , , Access Services Incorporated ,490, ,772, , Agoura Hills and Calabasas Community Center ,173, ,019, , Alameda Corridor Transportation Authority ,032, ,788, , Alameda County Fire Department , , , Alameda County Fire Department ,247, ,933, , Alameda County Law Library , Alameda County Law Library 315 5,642, ,324, , Alameda County Mosquito Abatement District , Alameda County Mosquito Abatement District ,279, ,569, , Alameda County Schools Insurance Group ,516, ,861, , Alameda County Transportation Commission , Alameda County Transportation Commission ,307, ,874, , Alameda County Waste Management Authority , , , Alameda County Waste Management Authority ,894, ,863, , Albany Municipal Services Joint Powers Authority , , , Albany Municipal Services Joint Powers Authority , , , Albany Municipal Services Joint Powers Authority ,007, ,637, , Alhambra Redevelopment Agency 856 3,270, ,287, , Alliance of Schools For Cooperative Insurance Programs , , , Alliance of Schools For Cooperative Insurance Programs ,783, ,722, , Alpine Fire Protection District , , , Alpine Fire Protection District 958 1,205, ,015, , Alta Irrigation District , , , Alta Irrigation District 554 8,378, ,344, , Altadena Library District , , , Altadena Library District , , , Altadena Library District 830 7,864, ,618, , Amador County Transportation Commission , , , Amador County Transportation Commission , , , Amador Transit ,673, ,067, , Amador Water Agency , , , Amador Water Agency , , , Amador Water Agency ,896, ,179, , American Canyon Fire Protection District , , , American River Flood Control District ,679, ,159, , Anderson Cemetery District , , , Anderson Fire Protection District , , , Angiola Water District ,018, ,016, , Antelope Valley Mosquito and Vector Control District , , ,

6 Fiduciary Net Position Antelope Valley Mosquito and Vector Control District 985 1,794, ,460, , Antelope Valley Transit Authority , , , Antelope Valley Transit Authority ,025, ,509, , Apple Valley Fire Protection District ,590, ,543, , , Aptos/La Selva Fire Protection Agency , Aptos/La Selva Fire Protection Agency ,939, ,603, , Arcade Creek Recreation and Park District ,163, , , Arcata Fire Protection District , , , Area 12 Agency On Aging , Area 12 Agency On Aging ,550, ,855, , Armona Community Services District , , , Aromas Water District ,315, , , Arrowbear Park County Water District , , , Arrowbear Park County Water District ,809, ,100, , Arroyo Grande District Cemetery ,849, ,473, , Associated Students California State University San Bernardino , , , Associated Students Inc. California State University East Bay , , , Associated Students Inc. California State University East Bay ,971, ,956, , Associated Students Incorporated of California State University Stanislaus , , , Associated Students Incorporated of California State University Stanislaus , , , Associated Students of California State University, Chico , , , Associated Students of California State University, Chico ,679, ,443, , Association of Bay Area Governments , , , Association of Bay Area Governments ,543, ,747, ,241, Association of California Water Agencies , , , Association of California Water Agencies ,227, ,576, , Association of California Water Agencies - Joint Powers Insurance Authority , , , Association of California Water Agencies - Joint Powers Insurance Authority ,104, ,805,365 3,100, , Association of Monterey Bay Area Governments , , , Association of Monterey Bay Area Governments ,033, ,667, , Atascadero Cemetery District ,163, , , Auburn Area Recreation and Park District , , , Auburn Area Recreation and Park District ,311, ,852, , Auburn Public Cemetery District , , Auburn Public Cemetery District ,295, ,026, , Avila Beach Community Services District , , , Aztec Shops, Ltd , , , Aztec Shops, Ltd ,563, ,253, , Bard Water District , , , Bard Water District ,511, ,536, , Bardsdale Cemetery District , , Bardsdale Cemetery District , , ,

7 Fiduciary Net Position Barstow Cemetery District , , , Bay Area Water Supply and Conservation Agency , , , Bay Area Water Supply and Conservation Agency ,124, ,862, , Beach Cities Health District , , , Beach Cities Health District ,134, ,861, , Bear Mountain Recreation and Park District ,196, ,275, , Bear Valley Community Services District , , , Bear Valley Community Services District ,453, ,040, , Beaumont District Library , , , Beaumont District Library ,536, ,990, , Beaumont-Cherry Valley Recreation and Park District Beaumont-Cherry Valley Recreation and Park District , , , Beaumont-Cherry Valley Recreation and Park District ,386, ,995, , Beaumont-Cherry Valley Water District , , , Beaumont-Cherry Valley Water District ,616, ,336,607 1,072, , Bella Vista Water District , , , Bella Vista Water District ,162, ,248, , Belmont-San Carlos Fire Department ,745, ,125, , Belvedere-Tiburon Library Agency , , , Belvedere-Tiburon Library Agency ,887, ,358, , Benicia City Housing Authority ,339, ,845, , Berkeley Housing Authority , Berkeley Housing Authority ,500, ,849, , Beta Healthcare Group Risk Management Authority , , , Beta Healthcare Group Risk Management Authority ,974, ,801, , Big Bear Area Regional Wastewater Agency , Big Bear Area Regional Wastewater Agency ,273, ,613, , , Big Bear City Airport District , , , Big Bear City Airport District ,580, ,189, , , Big Bear City Community Services District , , , Big Bear City Community Services District , , , Big Bear City Community Services District ,669, ,242, , Big Bear Municipal Water District ,775, ,218, , Bighorn-Desert View Water Agency ,043, ,652, , Black Gold Cooperative Library System ,847, ,408, , Blanchard/Santa Paula Public Library District , Blanchard/Santa Paula Public Library District 817 2,060, ,708, , Bodega Bay Fire Protection District , , , Bolinas Community Public Utility District ,405, ,061, , Bonita-Sunnyside Fire Protection District , , , Bonita-Sunnyside Fire Protection District , , , Boron Community Services District ,897, ,503, ,

8 Fiduciary Net Position Borrego Springs Fire Protection District , , , Borrego Water District ,930, ,321, , Brannan-Andrus Levee Maintenance District , , , Brannan-Andrus Levee Maintenance District , , , Broadmoor Police Protection District , , Brooktrails Township Community Services District , , , Brooktrails Township Community Services District ,610, ,356, , Browns Valley Irrigation District , , , Browns Valley Irrigation District ,699, ,929, , Buena Park Library District , , Buena Park Library District , , , Buena Park Library District ,305, ,189, , Burney Basin Mosquito Abatement District , , , Burney Fire District , , , Burney Water District , , , Burney Water District ,748, ,257, , Butte County Air Quality Management District ,481, ,705, , Butte County Association of Governments , , , Butte County Association of Governments ,931, ,457, , Butte County In-Home Supportive Services Public Authority , , , Butte County In-Home Supportive Services Public Authority , , , Butte County Mosquito and Vector Control District , , , Butte County Mosquito and Vector Control District ,197, ,100, , Butte Local Agency Formation Commission , , , Butte Schools Self-Funded Programs , , , Byron-Bethany Irrigation District 951 3,317, ,239, , Cabrillo College Foundation , , , Cabrillo College Foundation ,175, ,018, , Cachuma Operation and Maintenance Board , Cachuma Operation and Maintenance Board 364 6,088, ,106, , Cal Poly Pomona Foundation, Inc , , , Cal Poly Pomona Foundation, Inc , , , Cal Poly Pomona Foundation, Inc ,229, ,102, , Calaveras Council of Governments , , , Calaveras Council of Governments , , , Calaveras County Water District , , , Calaveras County Water District , , , Calaveras County Water District ,517, ,510, , Calaveras Public Utility District , , , Calaveras Public Utility District ,518, ,825, , California Association For Park and Recreation Indemnity , , , California Association For Park and Recreation Indemnity ,984, ,514, ,

9 Fiduciary Net Position California Authority of Racing Fairs ,089, ,798, , California Bear Credit Union , , , California Bear Credit Union ,288, ,896, , California Central Valley Flood Control Association , , , California Fair Services Authority , , , California Fair Services Authority ,173, ,517, , California Fairs Financing Authority ,418, ,015, , California Firefighter's Joint Apprenticeship Committee , , , California Firefighter's Joint Apprenticeship Committee ,768, ,927, , California Interscholastic Federation North Coast Section , , , California Interscholastic Federation North Coast Section ,953, ,994, , California Interscholastic Federation, Central Coast Section , , , California Interscholastic Federation, Central Coast Section ,124, ,547, , California Interscholastic Federation, Central Section , , , California Interscholastic Federation, Northern Section , , , California Interscholastic Federation, Sac-Joaquin Section ,255, ,900, , California Interscholastic Federation, San Diego Section ,022, ,310, , California Interscholastic Federation, Southern Section ,030, , , California Interscholastic Federation, Southern Section ,319, ,723, , California Interscholastic Federation, State Office ,469, ,674, , California Joint Powers Insurance Authority ,985, ,193, , , California Joint Powers Risk Management Authority , , , California Joint Powers Risk Management Authority ,957, ,412, , California Maritime Academy Foundation, Inc , , California Municipal Utilities Association ,178, ,211, , California Pines Community Services District , , , California Pines Community Services District , , , California Redevelopment Association Foundation ,696, ,109, California School Boards Association , , , California School Boards Association ,939, ,123, , California Special Districts Association , , , California Special Districts Association ,769, ,613, , , California State and Federal Employees #20 Credit Union ,408, ,945, , California State University East Bay, Foundation Inc , , California State University East Bay, Foundation Inc ,806, ,014, , California State University, Bakersfield Foundation , , , California State University, Bakersfield Foundation ,578, ,766, , California State University, Fresno Athletic Corporation , , , California State University, Fresno Athletic Corporation ,687, ,261, , California State University, Stanislaus Auxiliary and Business Services 800 4,638, ,709, , California State University-Fresno Association, Inc , , , California State University-Fresno Association, Inc ,948, ,964, ,

10 Fiduciary Net Position Callayomi County Water District , , , Callayomi County Water District , , , Calleguas Municipal Water District , , , Calleguas Municipal Water District ,982, ,789, , Camarillo Health Care District , , , Camarillo Health Care District ,486, ,814, , Cambria Cemetery District , , , Cambria Community Healthcare District , Cambria Community Healthcare District , , , Cambria Community Services District , , , Cambria Community Services District , , , Cambria Community Services District ,487, ,636, , Cameron Park Community Services District , Cameron Park Community Services District ,874, ,255, , Camrosa Water District ,764, ,082, , Capitol Area Development Authority , , , Capitol Area Development Authority ,782, ,334, , Carmel Area Wastewater District , , , Carmel Area Wastewater District ,872, ,444, , , Carmichael Water District , , , Carmichael Water District ,736, ,759, , Carpinteria Sanitary District , , , Carpinteria Sanitary District ,207, ,035, , Carpinteria Valley Water District , , , Carpinteria Valley Water District , , , Carpinteria Valley Water District ,643, ,101, , Casitas Municipal Water District , , , Casitas Municipal Water District ,869, ,112, , Castaic Lake Water Agency , , , Castaic Lake Water Agency ,918, ,768, ,102, Castro Valley Sanitary District , , , Castro Valley Sanitary District , , , Castro Valley Sanitary District ,127, ,581, , Castroville Community Services District , , , Castroville Community Services District ,377, ,117, , Cawelo Water District , , , Cawelo Water District ,177, ,329, , Cayucos Sanitary District , , , Cayucos Sanitary District ,734, ,382, , Cayucos-Morro Bay Cemetery District ,647, ,311, , Centerville Community Services District , , , Centerville Community Services District ,564, ,360, ,

11 Fiduciary Net Position Central Basin Municipal Water District , , , Central Basin Municipal Water District , , , Central Basin Municipal Water District ,270, ,594, , Central Calaveras Fire and Rescue Protection District , , , Central Coast Computing Authority ,933, ,531, Central Coast Water Authority ,944, ,760, , Central Contra Costa Solid Waste Authority , , , Central Contra Costa Solid Waste Authority ,593, ,357, , Central County Fire Department , Central County Fire Department ,168, , , Central Fire Protection District of Santa Cruz County , , , Central Fire Protection District of Santa Cruz County ,713, ,180, , Central Marin Police Authority , , , Central Marin Police Authority ,180, ,658, , Central Marin Sanitation Agency , , , Central Marin Sanitation Agency ,749, ,302, , Central Sierra Child Support Agency , , , Central Sierra Child Support Agency ,910, ,949, , Central Sierra Planning Council , , Central Water District , , , Central Water District ,033, , , Chester Public Utility District ,997, ,483, , Chico Area Recreation and Park District , , , Chico Area Recreation and Park District ,237, ,766, , Children and Families Commission of San Luis Obispo County , , , Children and Families Commission of San Luis Obispo County , , , Chino Basin Water Conservation District , , , Chino Basin Water Conservation District ,677, ,480, , Chino Basin Watermaster , , , Chino Basin Watermaster ,540, ,830, , Chino Valley Independent Fire District 599 6,770, ,441, , Citrus Heights Water District , , , Citrus Heights Water District , , , Citrus Heights Water District ,851, ,927, , Citrus Pest Control District #2 of Riverside County ,517, ,256, , City and County of San Francisco ,721, ,057, , City of Adelanto , , , City of Adelanto ,533, ,361, , City of Agoura Hills ,781, ,492, , City of Albany , , , City of Albany , , , City of Albany ,319, ,014, ,

12 Fiduciary Net Position City of Aliso Viejo , , , City of Aliso Viejo ,830, ,340, , City of Alturas 324 6,346, ,069, , City of American Canyon , , , City of American Canyon ,278, ,694, , City of Anderson , , , City of Anderson ,854, ,503, , City of Angels , , , City of Angels ,290, ,240, , City of Arcata , , , City of Arcata , , , City of Arcata ,874, ,377, ,055, City of Arroyo Grande , , , City of Arroyo Grande , , , City of Arroyo Grande ,922, ,111, , City of Artesia , City of Artesia ,098, ,536, , City of Arvin , , , City of Arvin ,770, ,159, , City of Atascadero , , , City of Atascadero , , , City of Atascadero ,388, ,185, , City of Atwater , , , City of Atwater , , , City of Atwater ,167, ,917, , City of Auburn , , , City of Auburn ,946, ,202, , City of Avalon , , , City of Avalon ,478, ,615, , City of Avenal , , , City of Avenal ,685, ,427, , City of Barstow , , , City of Barstow ,762, ,133, , City of Beaumont , , , City of Beaumont ,846, ,139, , City of Bell , , , City of Bell 66 33,222, ,101, , City of Bell Gardens , , , City of Bell Gardens , , , City of Bell Gardens ,098, ,915, , City of Bellflower , , , City of Bellflower ,872, ,019, ,

13 Fiduciary Net Position City of Belmont , , , City of Belmont , , , City of Belmont ,161, ,604, ,109, City of Belvedere , , , City of Belvedere ,385, ,906, , City of Biggs ,051, ,759, , City of Bishop , , , City of Bishop , , , City of Bishop ,453, ,223, , , City of Blue Lake , , , City of Blue Lake ,697, ,047, , City of Blythe , , , City of Blythe ,173, ,729, , City of Bradbury , , , City of Brawley , , , City of Brawley ,488, ,229, , City of Brisbane , , , City of Brisbane , , , City of Brisbane ,073, ,765, , City of Buellton , City of Buellton ,304, ,119, , City of Calabasas , , , City of Calabasas ,783, ,338, , City of California City , , , City of California City , , , City of California City ,003, ,599, , City of Calimesa ,045, ,643, , City of Calipatria ,887, ,948, , City of Calistoga , , , City of Calistoga , , , City of Calistoga ,900, ,439, , City of Canyon Lake , City of Canyon Lake ,280, ,088, , City of Capitola , , , City of Capitola ,069, ,338, , City of Carmel-By-The-Sea , , , City of Carmel-By-The-Sea , , , City of Carmel-By-The-Sea ,392, ,870, , City of Carpinteria , , , City of Carpinteria ,434, ,968, , City of Cathedral City , , , City of Cathedral City , , ,

14 Fiduciary Net Position City of Cathedral City ,399, ,684,358 4,518, , City of Chowchilla , , , City of Chowchilla , , , City of Chowchilla ,308, ,111, , City of Citrus Heights , , , City of Citrus Heights , , , City of Citrus Heights ,890, ,617, ,083, City of Clayton , , , City of Clayton , , , City of Clayton ,578, ,267, , City of Clearlake , , , City of Clearlake ,383, ,256, , City of Cloverdale , , , City of Cloverdale ,021, ,233, , City of Coachella , , , City of Coachella , , , City of Coachella ,911, ,172, , City of Coalinga , , , City of Coalinga ,889, ,200, , City of Colfax , , , City of Colusa , , , City of Colusa , , , City of Colusa ,528, ,534, , City of Corcoran , , , City of Corcoran ,905, ,693, , City of Corning , , , City of Corning , , , City of Corning ,581, ,101, , City of Cotati , , , City of Cotati , , , City of Cotati ,369, ,200, , City of Crescent City , , , City of Crescent City ,477, ,845, , City of Cudahy , , , City of Cudahy , , , City of Cudahy 671 9,227, ,873, , City of Dana Point , , , City of Dana Point ,364, ,813, , City of Del Mar , , , City of Del Mar , , , City of Del Mar ,579, ,757, , City of Del Rey Oaks ,366, ,200, ,

15 Fiduciary Net Position City of Desert Hot Springs , , , City of Desert Hot Springs , , , City of Desert Hot Springs ,467, ,147, , City of Diamond Bar , , , City of Diamond Bar ,425, ,635, , City of Dinuba , , , City of Dinuba ,326, ,283, , City of Dixon , , , City of Dixon , , , City of Dixon ,236, ,161, , City of Dos Palos , , , City of Dos Palos 910 6,661, ,543, , City of Duarte , , , City of Duarte , , , City of Duarte ,974, ,565, , City of Dublin , , , City of Dublin ,146, ,342, ,073, City of Dunsmuir ,504, ,996, , City of East Palo Alto , , , City of East Palo Alto ,803, ,098, , City of Eastvale , , , City of Eastvale , , , City of El Cerrito , , , City of El Cerrito ,959, ,698, ,037, City of Elk Grove , , , City of Elk Grove , , , City of Elk Grove ,147, ,554, ,543, City of Escalon , , City of Escalon 716 9,944, ,431, , City of Etna , , , City of Etna , , , City of Exeter , , , City of Exeter ,415, ,615, , City of Farmersville , , , City of Farmersville ,545, ,051, , City of Fillmore , , , City of Fillmore ,832, ,848, , City of Firebaugh , City of Firebaugh ,496, ,370, , City of Fort Bragg , , , City of Fort Bragg ,035, ,569, , City of Fortuna , , ,

16 Fiduciary Net Position City of Fortuna , , , City of Fortuna ,055, ,686, , City of Fountain Valley , , , City of Fountain Valley , , , City of Fountain Valley ,802, ,915, ,489, City of Fowler ,601, ,736, , City of Goleta , , , City of Goleta ,792, ,471, , City of Gonzales , , , City of Gonzales ,889, ,970, , City of Grand Terrace , City of Grand Terrace , , , City of Grand Terrace ,125, ,643, , City of Grass Valley , , , City of Grass Valley ,125, ,926, , City of Greenfield , , , City of Greenfield ,416, ,202, , City of Gridley , , , City of Gridley , , , City of Gridley ,494, ,790, , City of Grover Beach , , , City of Grover Beach ,367, ,072, , City of Guadalupe , , , City of Guadalupe ,059, ,051, , City of Gustine 757 4,007, ,207, , City of Half Moon Bay , , , City of Half Moon Bay ,226, ,716, , City of Hawaiian Gardens , , , City of Hawaiian Gardens ,354, ,943, ,061, City of Healdsburg , , , City of Healdsburg , , , City of Healdsburg ,376, ,142, ,006, City of Hercules , , , City of Hercules ,380, ,180, , City of Hermosa Beach , , , City of Hermosa Beach , , , City of Hermosa Beach ,968, ,914, , City of Hesperia , , , City of Hesperia ,376, ,578, ,413, City of Hidden Hills ,753, ,543, , City of Highland , , , City of Highland ,820, ,122, ,