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CITY-WIDE OVERVIEW <br />THE COST OF RISK 5.~, <br />The Cost of Risk includes actual claims expenditures per <br />year, insurance premiums, risk management staff salaries 4.0°% <br />and benefits, materials and supplies, consultants and <br />contractors as a percentage of the City's total operating 3'00 <br />expenditures. Claims expenditures are all expenditures 2.~, <br />made during the fiscal year, regardless of the year in which <br />the claim occurred. Claims expenditures do not include +.ooi <br />claims reserves. A five year history is shown in the graph <br />on the right. o.oo^r <br />Cost of Risk <br />AS A PERCENTAGE OF OPERATING EXPENDITURES <br />RISK INSURANCE PREMIUM HISTORY ~ Cdy of Eugene <br />Insurance Premium History <br />The graph on the right reflects the insurance costs ~fao,ooo ss7a,zt <br />for the City over the past five years for property, <br />liabilit ,excess workers' com ensation insurance ssoo,ooo sseae3a 5675,6,6 <br />Y p sezs,s7s ae4sa_aa <br />and employee bonds. ssoo,ooo <br />saao,ooo <br />In FY05 premium rates actually decreased for the first <br />time in five ears and have stabilized since then which is ~oo.o~ <br />Y <br />consistent with a nationwide improvement in market ~oo.ooo ~ _ <br />conditions. For FY08, the City purchased greater excess <br />liability limits which contributed to the premium increase 3,00,000 , ~ <br />over FY07. 30 - - ~~ <br />FY04 FY06 FY06 FY07 FY08 <br />PERFORMANCE MEASUREMENTS <br />Risk Services benchmarks the performance of our programs against more than 100 other jurisdictions <br />through ICMA's Center for Performance Management. The following graphs show the City of Eugene's <br />relative performance in key areas for the liability and workers' compensation programs. In both FY06 and <br />FY05 the City's liability program compared favorably in terms of both the total number of claims filed and the <br />total cost of those claims. For FY06, the ICMA jurisdictions' mean and median liability costs per capita were <br />nearly three times higher than the City of Eugene's. The number of workers' compensation claims filed is <br />slightly higher than ICMA's mean for both years however, claim expenditures per FTE are significantly lower <br />than the ICMA jurisdictions. <br />$6.00 <br />$4.00 <br />m <br />0 <br />~ $2.00 <br />$o.oo <br />City ofEugene - ICMA Benchmarks <br />Liability Claims Expend+tures Per Capita <br /> City of Eugene- ICMA Benchmarks <br />Number of Liability Claims Per 10,000 Citizen Population <br />8.00 7.5T <br /> 6.83 - <br /> 6.55 <br />6.00 ~~I <br />~. <br />~ <br />'v <br />C 4.00 - - <br />- 13.92 3.66 <br />i3 3.68 <br /> is <br />E F;. <br />z' 2:00 ~-- ;f <br /> <br />~ { <br />{ ~F <br /> <br />I <br />o.oo - -- - - _ . <br /> FY05 FY06 <br /> Mean Median Eug ene <br /> <br />FY03 FY04 FY06 FY06 FY07 <br />FY05 FYUti <br />Mean ~ Median ~ Eugene <br />