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City moves risk management out of HR into dedicated internal fund; departments to carry per‑employee allocation

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Administration said it created a distinct risk management function and internal fund in FY26 so the city can allocate risk costs on a per‑employee basis. Mandy Green and other staff described the change as a move to ‘‘best practice.’’ Council members were shown a recurring line item labelled "risk management allocated cost."

The administration told council it has reorganized risk management — moving the function out of Human Resources and into its own internal fund and department — and will start allocating a per‑employee risk charge across departmental budgets.

"When I came into the city in, 2021, we didn't have a designated risk department or, function. And so we created that…

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