The Ventura County Schools Self-Funding Authority (VCSSFA) is a Joint Powers Authority formed by the public school districts in Ventura County in 1982 as a State Regulated Public Entity under Title 1, Division 7, Chapter 5, Article 1, of the California Government Code.
Prior to 1982, there were two separate Joint Power Authorities (JPAs); one for Workers’ Compensation and one for Liability and Property. The formation of these two JPAs by the local educational agencies of Ventura County was a direct result of the inability of public school districts to purchase specific insurance coverages and/or the absence of affordable insurance coverages in the commercial market. The two JPAs were merged by their member districts in 1982 to form the VCSSFA.
The VCSSFA was established for the sole purpose of providing to its member school districts services and other programs necessary and appropriate for the establishment, operation, and maintenance of self-funded insurance programs to include, but not limited to, Workers’ Compensation, General Liability, Auto Liability, Public Officials’ Errors and Omissions, Property, Boiler & Machinery, Fiduciary Liability, and Risk Management and Safety Services relating to the aforementioned areas.
The VCSSFA is one of the best kept secrets within the educational community in our county. The VCSSFA deals with liability and property issues that would otherwise confound and potentially do irreparable harm to districts. The VCSSFA has a statewide reputation for excellence and ethical practices.