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Lost Trust Fund board recommends 80% confidence funding level to council
Scottsdale City Council · August 27, 2025
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Summary
The Lost Trust Fund Board told the council it will budget at an 80% actuarial confidence level for FY2025-26 after reviewing analyses from a new actuary; the board also recommended ordinance changes to departmental deductibles and continued monitoring of claims.
The Lost Trust Fund Board reported to the City Council on Aug. 26 that after reviewing a new actuarial analysis it unanimously recommended budgeting at an 80% funding-confidence level for fiscal year 2025-26.
Austin Brooker, vice chair of the Lost Trust Fund Board,…
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