Risk Management 2024 Budget
Mission Statement and Description
To protect Mesa County resources and assets on behalf of citizens, taxpayers, and employees by preventing or minimizing the adverse effects of a possible loss or exposure to loss.
Risk Management administers the County’s self-insurance retention, policies, and claims for worker’s compensation, liability, and property insurance. In order to minimize the risk of claims and losses, the department identifies areas of exposure and steps to avoid and/or limit the frequency and severity of accidental losses, including by providing safety training to employees.
2024 Goals, Objectives, and Performance Indicators
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Assess current departmental safety trainings and address gaps by implementing additional training opportunities, as necessary.
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Work with the County Attorney to identify opportunities to reduce costs for external legal services.
| Indicator | 2022 Actual | 2023 Projected | 2024 Target |
|---|---|---|---|
| General Liability claims | 28 | 24 | 21 |
| Law Enforcement Liability claims | 11 | 22 | 16 |
| Severe Worker's Compensation claims | 11 | 6 | 11 |
| Worker's Compensation claims | 110 | 104 | 91 |
Budget and Staffing
Total Budget
| Fiscal Year | Expenses | Revenues |
|---|---|---|
| 2018 Actual | $11,650,472 | $11,394,356 |
| 2019 Actual | $13,315,059 | $13,146,980 |
| 2020 Actual | $13,273,930 | $14,853,505 |
| 2021 Actual | $13,582,122 | $16,584,045 |
| 2022 Actual | $15,009,116 | $15,958,901 |
| 2023 Actual | $19,378,800 | $16,312,835 |
| 2024 Adjusted | $18,866,501 | $18,521,378 |
| 2024 Adopted | $18,866,664 | $18,521,378 |
| 2025 Proposed Budget | $20,275,574 | $20,126,242 |
Total Budget by Division
| Fiscal Year | Insurance | Risk Administration |
|---|---|---|
| 2018 Actual | $11,483,727 | $166,746 |
| 2019 Actual | $13,097,093 | $217,967 |
| 2020 Actual | $12,989,924 | $284,006 |
| 2021 Actual | $13,278,230 | $303,892 |
| 2022 Actual | $14,663,476 | $345,640 |
| 2023 Actual | $18,986,092 | $392,708 |
| 2024 Adjusted Budget | $18,436,281 | $430,220 |
| 2024 Adopted Budget | $18,436,281 | $430,383 |
| 2025 Proposed Budget | $19,842,133 | $433,441 |
Authorized Staffing Level
2022 Final - 2024 Adopted: 1