Central Appropriations (995)
| Request Title | Adjust funding to agencies for changes in Division of Risk Management premiums |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Category | Other spending or initiatives |
| Region | None |
Description
|
Adjusts funding to agencies for changes in Division of Risk Management premiums. The division will reallocate premiums charged to agencies based on the agencies' latest claims experience and adjust the total premiums charged. Due to the cash balance in the program, the medical malpractice liability program will not charge premiums in 2025 or 2026. The automobile liability program will not charge premiums in 2025 and will charge a lower total premium in 2026. The general liability program will charge a higher total premium in 2025 and 2026, but the increase will be offset by the premium reductions in the medical malpractice and automobile liability programs. |
Funding Summary
| Object Type | FY 2024 | FY 2025 | |
| General Fund Dollars | ($375,189) | ($356,395) | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
| 238 | Adjustments To Designated State Agency Activities | ($375,189) | ($356,395) | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | ($375,189) | ($356,395) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 06:24:58
