✖ Close Social Content
Finance
  • Contact Information
    Location:
    One Civic Plaza, NW
    Albuquerque NM 87102

    Phone:
    (505) 468-7000

    Fax:
    (505) 462-9813

    Hours:
    Monday - Friday
    8 a.m. - 5 p.m.

    Email:
     
    ✖ Close Menu
  • Most Popular Pages
      Could not load file or assembly 'Microsoft.Threading.Tasks, Version=1.0.12.0, Culture=neutral, PublicKeyToken=b03f5f7f11d50a3a' or one of its dependencies. The system cannot find the file specified.
      ✖ Close Menu
    • Search Finance
      ✖ Close Menu

    Measure Overview

    # Performance Measure Strategic Plan Goal Business Strategy
    P122

    Total cost of risk as a percent of county's operating budget (this is an industry standard of measurement) (%)

    Government Accountability

    Increased Efficiency

    Why is this measure important?

    This normalized measure is used industry-wide to compare between departments, organizations, or time periods the cost borne by an entity as a result of managing, reducing, or reacting to risk and risk-associated issues within an entity.

    Where does the data come from?

    Information is derived from SAP at beginning of year for total county budget amount and A&E reports showing quarterly expenses; Excel SS - Compilation of budget, salary, claims data, training and premiums.

    How is the measure calculated?

    The calculations are based on the Risk Management’s Liability expenses per quarter divided by the County budget for a combined total cost of Risk.

    Who to contact if you have questions?

    Veronica Espinosa

    Additional Information

     


     

    FY17 Target

    2.99%

    or less

    FY 18 Target

    2.99%

    or less

    Trend Analysis

    View All Events
      Powered by Real Time Solutions - Website Design & Document Management