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2025 Budget Book
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2025 Budget Book
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5/5/2025 10:01:39 AM
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a.Loss prevention ‐ prevent losses where possible <br />b.Loss control ‐ reduces or mitigates losses <br />c.Loss financing ‐ provide a means to finance losses <br />d.Loss information management ‐ collects and analyzes data to make prudent prevention, control <br />and financing decisions <br />2.The City will review and analyze all areas of risk in order to, whenever possible, avoid and reduce risks <br />or transfer risks to other entities. Of the risks that must be retained, it shall be the policy to fund the <br />risks 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 within its various <br />divisions. <br />79
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