2013 Annual Budget - City of Bremerton

Risk Management
Internal Service Fund
Summary:
The Risk Management Fund was established
to consolidate the financial recording and administrative
tracking of all property and casualty
insurance activities in one cost center
with joint costs to be shared by all funds as
appropriate. Funds are provided for selfinsured
claims investigation and payment, litigation
costs, insurance specification preparation,
excess insurance premiums, risk identification
and loss control, safety education, and
workers compensation.
Risk Management
Actual Actual Budget Budget
2010 2011 2012 2013
Revenue
Taxes $0 $0 $0 $0
Licenses & permits 0 0 0 0
Intergovernmental 0 0 0 0
Charges for services 0 0 0 0
Fines & forfeits 0 0 0 0
Other revenue 1,776,504 1,411,370 1,429,900 1,533,513
Debt Proceeds 0 0 0 0
Total revenue 1,776,504 1,411,370 1,429,900 1,533,513
Expenditures
Personnel 224,788 156,317 240,000 240,000
Supplies, services & taxes 1,540,042 956,747 1,189,900 1,289,177
Capital expenditures 0 0 0 0
Debt service 0 0 0 0
Transfers 0 0 0 0
Total expenditures 1,764,830 1,113,064 1,429,900 1,529,177
Revenue over(under) expenditure 11,674 298,306 0 4,336
Beginning fund balance 1,567,684 1,579,358 1,793,583 1,861,723
Ending fund balance $1,579,358 $1,877,664 $1,793,583 $1,866,059
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