Page 88 - Grapevine Budget FY21

FY 2020-21 APPROVED OPERATING BUDGET
GENERAL FUND - FISCAL SERVICES
RISK MANAGEMENT DIVISION SUMMARY
100-109-001

2017-18 2018-19 2019-20 2019-20 2020-21
EXPENDITURES BY OBJECT Actual Actual Budget Estimate Approved

Personnel 249,835 264,336 267,617 273,948 291,584
Supplies 18,592 12,631 14,900 5,810 14,900
Services 102,330 123,988 169,900 78,606 169,900
Insurance 12,125,820 6,700,060 8,891,956 8,608,454 8,460,337

Total 12,496,577 7,101,015 9,344,373 8,966,818 8,936,721

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.

2017-18 2018-19 2019-20 2019-20 2020-21
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
Experience 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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