Page 291 - Fort Worth City Budget 2019

Internal Service Funds

Risk Financing

FUND SUMMARY

FY2017 FY2018 FY2018 FY2019 Change from Adopted
Final Adopted Adjusted Adopted Amount %
Use of Money & Property 146,003 168,000 168,000 120,000 (48,000) -28.57%
Other 17,211,167 19,224,324 19,523,731 20,196,823 972,499 5.06%
Transfer In 1,500 - - - - 0.00%
Use of Fund Balance - - 693,626 166,378 166,378 0.00%
Revenue $ 17,358,670 $ 19,392,324 $ 20,385,357 $ 20,483,201 $ 1,090,877 5.63%

Salaries & Benefits 1,633,782 1,686,359 1,686,359 1,854,562 168,203 9.97%
Gen Operating & Maintenance 16,554,377 17,697,713 18,690,746 18,625,707 927,994 5.24%
Transfer Out & Other 18,359 8,252 8,252 2,932 (5,320) -64.47%
Expenses $ 18,206,518 $ 19,392,324 $ 20,385,357 $ 20,483,201 $ 1,090,877 5.63%

FTE 15.00 17.00 2.00 13.33%

AP 15.00 17.00 2.00 13.33%

FUND PURPOSE AND GOALS

The Risk Financing Fund was established in FY2016. It is responsible for maintaining the commercial and self-
insurance programs, claims management, and safety risks for the city. The Risk Financing Fund is comprised of
two functions: Workers’ Compensation and Risk Management. The Risk Management function is comprised of
the Property & Casualty division and the Employee Health & Safety division. Within these functions, there are
personnel who promote return to work, safety, and subrogation interests.

The Workers’ Compensation division is responsible for providing statutorily-mandated benefits to city employees
who are injured in the course and scope of employment, provided the claims are deemed compensable under the
Texas Workers’ Compensation Act. The division also harbors specialists responsible for employee return to work
efforts.

The Property & Casualty (P&C) division maintains all other aspects of the city’s insurance program. Utilizing both
self-insured and outside commercial insurance programs, the P&C division focuses on controlling costs from
property and casualty claims and/or litigation. It also strives to preserve and protect the city’s assets through loss
prevention, loss control, and risk financings mechanisms.

The Employee Health & Safety division helps to educate our city’s workforce on the importance of maintaining
safety processes and controls. Both Workers’ Compensation and Risk Management pursue subrogation when
possible, recovering funds from third parties who are liable for losses paid by the city.

MAJOR ACCOMPLISHMENTS

Workers’ Compensation Health Care Network – in FY2015, the city authorized the establishment of a direct care
network of health care providers (M&C C-27435). The BlackStone 504 Network went into effect in FY2016.
Blackstone is an exclusive network of healthcare providers that administers care and treatment to employees who

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