Page 96 - Grapevine FY20 Approved Budget

Fiscal Services - Risk Management
100-109-001

Expenditures By 2016-17 2017-18 2018-19 2018-19 2019-20
Major Object Actual Actual Budget Estimate Approved

Personnel Services 235,427 249,835 264,579 252,845 267,617
Supplies 17,880 18,593 14,900 12,630 14,900
Services 147,925 125,330 129,900 124,051 169,900
Insurance 14,126,946 11,724,603 8,860,466 5,975,403 8,891,956

Total 14,528,178 12,118,361 9,269,845 6,364,929 9,344,373

Objectives
- Initiate self-funded Workers Compensation Program to reduce costs and effectively manage employee injuries
- Direct the City's self-funded major medical health plan for employees and their families

- Implement new plan design for HSA and HRA programs in the City's self-funded health plan.
- Manage prescription benefit plan
- Manage and direct expansion of the SIR liability and property protection program.
- Reduce legal and expert witness fees by contracting with excess liability carriers and third parties.
- Provide LTD insurance for employees and their families while stabilizing premiums.
- Provide cost effective life insurance for City employees and their families.

- Continue Citywide HIPAA program and privacy compliance office.

2016-17 2017-18 2018-19 2018-19 2019-20
Performance Indicators Actual Actual Budget Estimate Approved

Paid liability claims vs. total claims 18% 16% 30% 30% 30%
Recover subrogation revenue $127,068 $59,535 $130,000 $130,000 $90,000
Vehicle accidents 23 20 28 28 25
Fleet accidents as percentage of total fleet 7% 5% 7% 7% 6%
Worker's Compensation:
Texas Standard premium states rated $1,292,149 $1,486,072 $1,342,000 $1,342,000 $1,622,401
Experience rated discounted premium $279,174 $309,173 $352,000 $352,000 $480,231
Experience rates W/C premium savings $1,012,975 $1,176,899 $990,000 $990,000 $1,142,170
Expereince Modifier 0.27 0.26 0.29 0.29 0.37
Worker's Compensation Injuries:
Medical only injuries 40 20 35 35 35
Medical only injuries to total staff 5% 4% 5% 5% 5%
Lost time injuries 17 14 15 15 15
Lost time injuries to total staff 4% 2% 2% 2% 2%

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