(a) Subject to the limitations imposed by this chapter, the payments of claims and judgments, approved for payment, where the City or a public employee is or may be liable, shall be limited to available, unencumbered funds that have been specifically appropriated on an annual basis for payment of claims and judgements. Partial payments of claims or judgments may be made over successive years from funds subsequently appropriated. Priority of payment of claims carried over shall be given based on the date of the occurrence giving rise to liability.
(b) The Director of Law shall annually submit to Council a recommended appropriation for payment of claims and judgments. In making such recommendation, the following information may be considered as well as any other information relevant to such
appropriation:
(1) Payments by the City of past judgments and claims;
(2) The monetary risk of all litigation against the City;
(3) The reasonable value of known unasserted claims and litigation;
(4) Cost of the delivery of City services;
(5) Projected growth or reduction of City income;
(6) Comparative data relative to payment of claims and judgments of the eight most populous cities of the State of Ohio;
(7) Unsatisfied judgments and claims approved for payment in previous years;
(8) Overall financial stability of the City.
(Ord. 139-1985. Passed 9-23-85. )