Page 278 - City of Fort Worth Budget Book

Internal Service Funds Group Health and Life Insurance

FY2025 DISCUSSION AND SIGNIFICANT CHANGES
The Recommended Budget:

• Increases by $8,175,164 in Claims Payments/Settlements due to City’s claims costs to rise significantly.
• Increases by $438,757 in Stop Loss premium.

• Increases by $141,502 in General Operations and Maintenance due to higher allocations for Administrative
Costs.
• Increases by $150,000 in General Operations and Maintenance for childcare concierge services.

• Increases by $43,417 in salary and benefits for previously approved costs associated with pay for
performance, rising health care costs, and pension contributions.
• Increases by $45,179 in salary and benefits due to salary savings on new hires in 2024.

• Decreases by $(451,262) in Claims Administration Expenses.

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