FY12 Adopted Operating Budget & Capital Improvement Budget

City of St. Petersburg, Florida – FY 2012 Adopted Fiscal Plan
- In the insurance funds: Health Insurance - based upon our consultant's recommendations we are assuming a 15% increase in the Humana
Medicare Supplemental Plans and a 7% increase in the United Health Plans, effective April 2012. Life - reduction in our group life insurance
rates bid this year results in an approximate 14.3% decrease in this fund for FY12; however, the decrease in revenue is only 4.4%, as the amount
budgeted for City contribution in FY11 was erroneously posted and needed to be adjusted this year as a correction; Self - adjustments to services
and commodities line items ($55,950). Commercial Insurance - In FY12 a budget with net zero changes from FY11 was submitted. While we
were able to realize an 8% reduction in property insurance premiums for FY11/FY12, we feel it prudent to build in an anticipated increase for
next year, as there is (1) some expectation that current regulations and subsidies of insurance rates will be relaxed, and (2) that the effects of
several large scale disasters around the world will cause an increase in the upcoming year due to claims payments; Workers Compensation -
adjustments to other special services line item ($1,000).
Objective and Performance Measure
Unit Of
Measure
FY 2009
Actual
FY 2010
Actual
FY 2011
Target
FY2011
Estimate
FY 2012
Adopted
Advocate for Program Access for Persons with Disabilities
To distribute an accessibility checklist and application to each co-sponsored event planner, and to ensure that 90% of the applications are
returned and approved prior to the event. This objective fulfills the Mayor's goal of Service.
Cosponsored Events Accessibility Checklist & App. % 70 80 90 80 80
Control of Insurance Costs
To utilize loss control, risk retention, risk transfer, and loss prevention methods to minimize costs. This objective fulfills the Mayor's goal of
Sustainability.
Property Insurance Costs per Insured Value $ 623.7 541 536.5 491 550
Control of Workers' Compensation Claims
To reduce the frequency of Workers' Compensation claims and claim costs through loss control, safety, loss prevention, light duty programs, and
Drug Free Workplace program. This objective fulfills the Mayor's goal of Sustainability.
Workers' Compensation Claims per 100 FTE # 13 15 16 16 16
Employee Benefits - Health Insurance
To provide a cost-effective funding mechanism for the health care, dental care, and vision coverage provided to City employees and retirees.
This objective fulfills the Mayor's goal of Sustainability.
Dental Insurance Coverage / Active Employees # 1,800 1,851 1,855 1,908 1,908
Dental Insurance Coverage / Retirees # 270 279 305 336 336
Flexible Spending Accounts / Active Employees # 250 250 262 262 413
Health Care Coverage / Active employee # 2,400 2,465 2,379 2,425 2,335
Health Care Coverage / Retirees # 1,000 1,097 1,125 1,113 1,196
Routine Vision Coverage / Active Employees # 1,300 1,495 1,523 1,540 1,622
Routine Vision Coverage / Retirees # 145 194 223 211 270
Employee Benefits - Life Insurance
To provide a cost-effective funding mechanism for life insurance coverage, AD&D, PAI and Long Term Disability benefits provided to City
employees and/or retirees. This objective fulfills the Mayor's goal of Sustainability.
Life Insurance - Active Employees Dependents # 225 244 247 248 290
Life Insurance - Active Employees' Spouses # 245 268 258 261 343
Life Insurance Coverage - Active Employees # 4,500 4,688 4,609 4,648 4,705
Life Insurance Coverage - Retirees # 1,100 1,132 1,151 1,130 1,144
Long Term Disability Coverage - Active Employees # 155 160 154 155 177
Fiscal Year 2012 H-23 Summary Reports