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Oa) ry <br /> ««anMTi'Ya+�:onw.:e.;xwoa:�f...wusGRa�'ewwK.•..r. ,� <br /> yyyyn}}%<�.ppx«,wyyeN�Y <br /> .\J..'M6MtM••iM:•531f ft0f(0?.}%31i•i.�. n e:n �• ✓ <br /> I. The City Will maintain a Risk Management Program that will minimize the impact <br /> of legal liabilities, natural disasters or other emergencies through the following <br /> activities: <br /> a. Loss Prevention. Prevent negative occurrences. <br /> b. Loss Control. Reduce or mitigate expenses of a negative occurrence. <br /> c. Loss Financing. Provide a means to finance losses. <br /> d. Loss Information Management. Collect and analyze relevant data to make <br /> prudent loss prevention, loss control and loss financing decisions. <br /> 2. The City's Risk Management Program will: • <br /> a. Analyze all of the City's risks. <br /> b. Avoid risks—whenever-possible. <br /> c. Reduce risks whenever possible. <br /> d. Transfer risks to other entities when possible. <br /> e. Of those risks that must be retained, it shall be the City's policy to fund risks <br /> which the City can afford and transfer all other risks to insurers. <br /> 3. The City will maintain an active Safety Committee comprised of City employees. <br /> 4. The City will periodically conduct educational safety and risk avoidance programs, <br /> through its Safety Committee and with the participation of its insurers, within its <br /> various departments. <br /> . <br /> 5. The Safety Committee will report to the City Manager, at least annually, on the <br /> results and costs of the City's Risk Management Program for the preceding year. <br /> The City Manager shall report annually to the City Council. <br /> r �, 0p < �, :� yam•:. <br /> r <br /> 1. In accordance with Chapter 7, Section 7.06 of the City Charter, the total sum <br /> appropriated in the General Fund annual budget shall be equal to the total <br /> estimated General Fund revenue and the allocated General •Fund balance. <br /> 2. The City will pay for all current expenditures with current revenues. The City will <br /> avoid budgetary procedures that balance current expenditures at the expense of <br /> meeting future year's revenues, or rolling over short-term debt, or that rely on <br /> accumulated fund balances to meet current obligations. <br /> 3. The City will annually appropriate a contingency appropriation in the General Fund <br /> budget, not to exceed five percent of the total budget, to provide for unanticipated <br /> expenditure of a non-recurring nature. <br /> 4. The City Manager, when submitting the Proposed Budget to the City Council, shall <br /> submit a balanced budget in which appropriations shall not exceed the total of the <br /> June 8, '1992 <br /> • <br /> TOTAL P.03 <br />