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2016 Approved Budget and CIP
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2016 Approved Budget and CIP
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Department / Program:General Insurance <br /> <br />Organizational Responsibility: Finance Director <br />Department Description <br />The General Insurance Program provides for the protection of capital assets and employees. Insurance is <br />maintained through the League of Minnesota Cities Insurance Trust.The Department’s activities are <br />accounted for in the General Fund. <br />2016Goals and Objectives <br />Continue to protect the City’s assets by maintaining appropriate risk management programs and <br />insurance coverage. <br />Financial Summary <br />20122013201420152016$ Increase% Increase <br />ActualActualActualBudgetBudget(Decrease)(Decrease) <br />Personal Services$-$-$-$-$-$-0.0% <br />Supplies & Materials------0.0% <br />Other Services & Charges60,29061,50061,50061,50061,500-0.0% <br />Capital Outlay------0.0% <br />Total$60,290$61,500$61,500$61,500$61,500$-0.0% <br />FTE's----- <br />2016Budget Impact Items <br />Not applicable. <br />2014/2015Achievements <br />General Fund’s share of property/liability and workers compensation costs have remained flat for <br />three consecutive years. <br />Workers Compensation claims have fallen two consecutive years and remain well below the City’s <br />six-year average. <br />39 <br /> <br />
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