Resolution WC-013

RESOLUTION NO. WC-013 
 
A 
RESOLUTION 
OF 
THE 
CITY 
OF 
CHANDLER 
WORKERS’ 
COMPENSATION 
AND 
EMPLOYER 
LIABILITY 
TRUST 
BOARD 
RECOMMENDING WORKERS’ COMPENSATION CONTRIBUTION AND 
RESERVE LEVEL FOR FISCAL YEAR 2026-27 
 
WHEREAS, the City of Chandler Workers’ Compensation and Employer Liability Trust 
Fund (“the Fund”) was created by the City of Chandler through Ordinance No. 4415, 
adopting City Code § 2-16 et seq., on December 10, 2012; and 
 
WHEREAS, City Code § 2-16.3, established the City of Chandler Workers’ 
Compensation and Employer Liability Trust Fund Board (“the Board”); and 
 
WHEREAS, City Code § 2-16.4(a)(2), provides that the Board shall provide financial 
oversight by evaluating claim expenses and reserve amounts; and 
 
WHEREAS, the Chandler Workers’ Compensation and Employer Liability Trust (the 
Trust”) was established by the Chandler Workers’ Compensation and Employer 
Liability Trust Document (“the Trust Document”) authorized and approved by the City 
of Chandler through Resolution No. 4658, adopted on January 24, 2013, and 
amended by Resolution No. 4835, passed and adopted on February 26, 2015; and 
 
WHEREAS, Article IV, Section 4.03(d), of the Trust Document provides that the Board 
shall have the authority and responsibility to determine the appropriate amount of 
Funds that the Trust should hold as Restricted Reserve, provided that the Restricted 
Reserve shall be no less than the minimum (or nominal) amount recommended and 
attested by the actuary engaged by the Council to provide services to the Trust. The 
actuarial report as of June 30, 2025, notes that the actuarial central (nominal) 
estimate represents the expected value over the range of reasonably possible 
outcomes (as opposed to all conceivable outcomes); and 
 
WHEREAS, Article V, Section 5.01(a), of the Trust Document provides that the Board 
shall make an annual recommendation to the City Council of funds anticipated to be 
needed for the following fiscal year to fulfill the needs and purposes of the Trust.  
The Council shall make an appropriation of funds to the Trust as part of the annual 
City budget; and

Resolution No. WC-013 
Page 2 
 
 
WHEREAS, the Board has determined that a contribution from the City in the amount 
of $4,111,300 will be sufficient to fund the Workers’ Compensation reserve and 
expenditure requirements for Fiscal Year 2026-27.  
 
NOW THEREFORE, BE IT RESOLVED that the City of Chandler Workers’ 
Compensation and Employer Liability Trust Board hereby recommends a 
contribution from the City in the amount of $4,111,300 to fund Workers’ 
Compensation reserve and expenditure requirements for FY 2026-27. 
 
PASSED AND ADOPTED by the City of Chandler Workers’ Compensation and 
Employer Liability Trust Board on this 28th day of January 2026. 
 
 
__________________________________________ 
Chairperson 
City of Chandler Workers’ Compensation  
   and Employer Liability Trust Board 
 
 
Attest: 
 
 
_________________________________________ 
City Clerk 
 
 
 
Approved as to Form: 
 
 
_________________________________________ 
City Attorney