Risk Management Trust Fund Revenue, Expenses, and Fund Balance
Summary
The fund holds about $22 million — well above the $13 million required confidence level — even after expected losses of roughly $4 million, and the balance is projected to trend down toward target through 2027. Staff also proposed benchmarking liability trends against other Arizona cities.
At a glance
- Total mentions
- 2
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 29, 2026.
Impact analysis
The fund's roughly $22 million balance gives the city an $8 million cushion above its required minimum.
Residents, because a healthy fund means claims and lawsuits are covered without surprise costs to taxpayers.
Future budgets may face a noticeable cost jump when premium charging resumes, and departments could treat the holiday as permanent relief.
Mentions & discussions (2)
Workers' Compensation Trust Fund Board — October 29, 2026
The workers' comp trust fund has roughly $18-20 million more than the required minimum, so departments won't be charged premiums this year. Utility customers — especially water ratepayers — effectively benefit since those funds stay in department balances, though some worry about budget shock when charging resumes.
Risk Management Trust Fund Board — October 29, 2026
The fund holds about $22 million — well above the $13 million required confidence level — even after expected losses of roughly $4 million, and the balance is projected to trend down toward target through 2027. Staff also proposed benchmarking liability trends against other Arizona cities.
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