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CITY OF MORGAN HILL
FY 15-16
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 15-16
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 15-16
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY15-16
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 15-16
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 15-16
OPERATING AND CIP BUDGET
CITY OF MORGAN HILL
FY 15-16
OPERATING AND CIP
General Liability
(continued)
FY 15-16 ACTIVITY GOALS
City operations will continue to emphasize safety issues and best business practices to minimize situations
that cause insurance claims
The City will continue to work with the ABAG PLAN Risk Control Consultant to implement best practices and
procedures for risk management, and will meet or exceed the minimum risk management program threshold
ABAG PLAN has set for member cities
FINANCIAL COMMENTS
The City manages its risk through a shared pool of liability coverage with other similar legal entities through the
ABAG PLAN. This enhances efficiency as ABAG is very familiar with the types of issues that confront local govern-
ment and the appropriate response to these situations. The fiscal policy of City is to maintain a minimum reserve
level for general liability equal to four times City's self-insured retention amount for general liability claims, which
minimum reserve level equals $400,000. The City currently maintains approximately $575,000 in available assets
within the General Liability internal service fund to cover its self-insured retentions for claims related to general
liability and property damage, which amount equals approximately 144 percent of the reserve policy level for this
fund.