FY26 Proposed Budget

Risk Management

The Risk Management Division strives to: •

Promote a safe and healthy work environment. • Reduce costs related to accidents and injuries. • Protect the resources and assets of the City of Iowa City. • Manage in an efficient manner the City’s self - insured workers’ compensation, liability, and property claims.

Risk Management Fund Activities:

• The Risk Management division is responsible for managing the City’s property and casualty risks and selecting prudent and cost-effective solutions to minimize the financial impact of losses to the City. Risk Management also coordinates the City’s safety and OSHA programs.

Recent Accomplishments:

• Implemented a Return-to-Work Program for workers’ compensation injuries. • Revised the City’s property values listing for insurance purposes. • Completed property appraisal of the Wastewater Plant that assigned replacement cost values to each building.

Upcoming Challenges:

• Close out the March 2023 tornado claim. • Insurance renewals. • Maintain Safety Certifications for existing divisions.

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