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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 is <br />maintained through the League of Minnesota Cities Insurance Trust.The Department’s activities are <br />accounted for in the General Fund. <br />2018Goals and Objectives <br />Continue to protect the City’s assets by maintaining appropriate risk management programs and <br />insurance coverage. <br />Financial Summary <br />20142015201620172018$ Increase% Increase <br />ActualActualActualBudgetBudget(Decrease)(Decrease) <br />Personnel Services$-$-$-$-$-$-0.0% <br />Supplies & Materials------0.0% <br />Other Services & Charges61,50061,50061,50061,50070,0008,50013.8% <br />Capital Outlay------0.0% <br />Total$61,500$61,500$61,500$61,500$70,000$8,50013.8% <br />FTE's----- <br />2018Budget Impact Items <br />Increase due to higher property/liability insurance premiums. <br />2016/2017Achievements <br />General Fund’s share of property/liability and workers compensation costs have remained flat for <br />fiveconsecutive yearsleading up to 2018. <br />37 <br /> <br />