Title 3 REVENUE AND FINANCE

Chapters: 

   Chapter 3.04 - RISK MANAGEMENT

   Chapter 3.05 - MANDATORY SET-ASIDE IN EACH YEAR'S BUDGET

   Chapter 3.06 - BONDING DISCLOSURE, ACCOUNTABILITY AND IMPLEMENTATION

Chapter 3.04 RISK MANAGEMENT

Sections: 

3.04.010   Objectives.

3.04.020   Policy.

3.04.030   Authority of county manager.

3.04.040   Manuals.

3.04.050   Trust fund-Established.

3.04.060   Trust fund-Purpose.

3.04.070   Designation of risk management consultant or insurance administrator.

3.04.080   Administration of trust.

3.04.090   Trust fund not subject to budget law.

3.04.100   Lapse of trust fund.

3.04.110   Payment of benefits, losses and claims.

3.04.120   Settlement of claims.

3.04.130   Limitation of liability.

3.04.140   Indemnification of officers and employees.

3.04.010 Objectives.

   A.   The objectives of the county risk management program are to maintain continuity of the various services which the county provides and to maintain budget integrity. These primary objectives shall be accomplished by:

      1.   Investing in long-term loss reduction through a comprehensive safety program designed for loss control;

      2.   Providing adequate funds for timely replacement of losses incurred without distortion of the budget plan;

      3.   Insuring the catastrophic loss potential; and

      4.   Minimizing the net cost of the total program.

   B.   The policy of the board of supervisors is established and implemented with these objectives in mind.

(Prior code § 33.04.020(A))

3.04.020 Policy.

   A.   Pima County is to be protected against fortuitous loss or losses which, in the aggregate during any financial period, would significantly affect personnel, property, the budget or the ability of the board of supervisors to continue to fulfill its responsibilities to taxpayers and the public. In no event shall loss of life, major personal injury to employees or members of the public, or damage to property attributable to county activities be acceptable to the board of supervisors.

   B.   Pima County will apply to risks of fortuitous loss the risk management process which includes a systematic and continuous identification of loss exposures, the analysis of these exposures in terms of frequency and severity probabilities, the application of sound risk control procedures, and the financing of risks consistent with the county's financial resources.

   C.   In recognition of its financial resources and the geographical dispersion of its physical assets. the county will accept retention of uninsured losses up to the limits that are deemed to be prudent by the board, in consultation with the staff.

(Prior code § 33.04.020(B))