Laserfiche WebLink
LSL:*: :: <br /> To the Board of Directors <br /> Santa Ana Police Officers Association <br /> Santa Ana, California <br /> 2. Operating Margins: This is a key indicator of financial health. The healthy range of operating margins for trust- <br /> based health plans is generally considered to be 1% to 5%. Margins below 1% indicate financial stress, while <br /> margins above 5% suggest underutilization of funds or overcharging. The Trust's operating margin is -11%, <br /> as calculated as the difference between Contributions from the City of Santa Ana ($10,145,241) less Health <br /> Related Expenses ($11,223,059) divided by Contributions. These negative margins have required the Trust to <br /> maintain significant reserves and investments in order to fund benefits for participants. <br /> This information is presented to provide further context regarding the financial activity of the Trust Fund and was <br /> not a subject of the agreed-upon procedures described above. Our procedures were not designed to address the <br /> causes or future implications of this deficit, and accordingly, we do not provide any opinion or conclusion thereon. <br /> LS L_J L_L_ P <br /> Irvine, California <br /> July 29, 2025 <br /> 6 <br />