FY 26 Approved Operating Budget

LAW

Risk Management Cost Center 054000

ORIGIN & PURPOSE : The Risk Management Division , established by Bill No . 88 - 6 is now a division of the Law Department pursuant to Executive Order 14 - 08 . Duties include managing claims pertaining to property and vehicle damage and general liability claims . Working in concert with the Law Department , information is shared concerning County responsibility for accidental occurrences . The self - insurance fund , which is actuarial determined annually , is the monetary source by which all claims are paid . The fi nancial welfare of the County is further protected by the purchase of an excess insurance contract that can be triggered and the fi nancial obligation is then transferred and paid by that entity .

GOAL : Minimize the County ' s exposure for fi nancial loss

DIVISION SUMMARY BY CHARACTER

Risk Management by Character

FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Approved Budget

SALARIES AND WAGES

$185,158

$392,465

$521,182

$505,434

CONTRACTUAL SERVICES

$1,408

$1,950

$7,575

$30,075

SUPPLIES AND MATERIALS

$1,550

$80,581

$4,075

$5,575

BUSINESS AND TRAVEL

$5,235

$3,285

$14,125

$15,625

$193,352

$478,281

$546,957

$556,709

TOTAL

291