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2012 Approved Budget
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2012 Approved Budget
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6/19/2012 3:21:09 PM
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City of Roseville — 2012 Budget <br />Department /Program: General Insurance <br />Organizational Responsibility: Finance Director <br />Department Description <br />The General Insurance Program provides for the protection of capital assets and employees. Insurance <br />is maintained through the League of Minnesota Cities Insurance Trust. The Department's activities are <br />accounted for in the General Fund. <br />2012 Goals and Objectives <br />• Continue to protect the City's assets by maintaining appropriate risk management programs and <br />insurance coverage. <br />Financial Summary <br />2008 2009 2010 2011 2012 $ Increase % Increase <br />Actual Actual Actual Budget Budget Decrease Decrease <br />Personal Services $ - $ - $ - $ - $ - $ - 0.0% <br />Supplies & Materials - - - - - - 0.0% <br />Other Services & Charges 801000 801000 - 841000 601290 (23,710) -28.2% <br />Capital Outlay - - - - - - 0.0% <br />Total $ 801000 $ 801000 $ <br />FTE's - - <br />- $ 841000 $ 601290 $ (23,710) -28.2% <br />2012 Budget Impact Items <br />• Decrease due to a decrease in the General Fund's portion of insurance premiums charged by the <br />City's property /liability insurance carrier. <br />2010/2011 Achievements <br />• Transitioned to a new third -party administrator achieving $10,000 in annual savings. <br />.l <br />
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