A. Purpose. To account for the financial administration of the City’s comprehensive risk management program. This fund assures that the revenues and assets of the City are protected through an established risk control and risk finance program including risk management goals and objectives, a formalized risk assessment process and methodology for reviewing and monitoring the effectiveness of the risk management program.

B. Revenue Sources. Revenues supporting this fund’s activities include interfund charge to the benefiting or user fund. Other revenues may include interest earnings and other revenue sources designated by the City Council. [Ord. 599 § 6, 2014.]