Page 263 - FortWorthFY22AdoptedBudget
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Internal Service Funds





            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 financing 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.


            FY2022 DISCUSSION
            For FY2022, the department anticipates Property Insurance to continue to rise exponentially in addition to an
            increase in the cost of deductibles related to wind and hail damage.


            Overall the expense budget includes an increase in funding associated with rising Workers’ Compensation costs
            and Property Insurance costs.


























































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