Cost Allocation and Public Entity Budgeting

David Parker, ARM-P, CPM, IPMA-SCP, Director, Enterprise Risk Management, Pima Community College

background image
January 19 | 12:00 pm – 1:00 pm EST

Nothing in government has the reach of the budgetary process. A solid understanding of governmental funding principles and risk management cost allocation methods can be a powerful tool. Spotlight the importance of your program and focus decision makers upon the generators of loss. You may also be a hero who effectively defends the general fund, your elected official’s most flexible dollars. This session begins with budgeting principles, evaluates loss funding methods and options and examines several models for allocating risk management costs.

Attendee Takeaways:
1. Understand governmental funding basics under GASB
2. Evaluate GASB loss reserving and funding requirements and options
3. Learn several effective strategies for cost allocation

-

Presenter

David Parker, ARM-P, CPM, IPMA-SCP, Director, Enterprise Risk Management, Pima Community College

David has worked to further the practice of public risk management for over 30 years as a risk manager, regulator, and practice leader, and by actively supporting and serving on the boards of directors of both PRIMA and his local chapter.  David has managed risk for state and local government, higher education and special districts, and has worked with and supported risk managers across the country in many different types and sizes of organization and leadership philosophies.  Leadership development includes the Certified Public Manager designation, leadership in police organizations, master continuity practitioner, and senior executives in state and local government programs.

He has been recognized by PRIMA several times for his commitment to the practice of public risk management including PRIMA’s Certificate in Advanced Risk Management and International Exchange, and Public Risk Manager of the Year awards.

Sign Up for Our Education Newsletter

You Might Also Be Interested In

Cultivating Relationships to Enhance a Culture of Safety

March 20, 2024
This webinar will present methods to develop relationships to enhance a culture of safety across your organization to foster employee engagement and trust while also preventing and mitigating employee injuries.

Read More
Artificial Intelligence: Strengths, Concerns, Opportunities, Impacts and Value to Public Entity Risk Management Professionals

April 17, 2024
This webinar will look at ways to make AI work for you and your staff. We will also discuss the risk associated with utilizing AI tools, and how to identify the “sweet spot” where AI and human interaction work in tandem for maximum efficiencies and results. Finally, we will discuss ways to measure effectiveness and value of AI platforms.

Read More
Enjoying Actuarial Results: It’s as Easy as 3.14159265…

May 15, 2024
This session will not only provide attendees with a firm understanding of key actuarial results such as outstanding liabilities and projected funding rates, but also important actuarial concepts including loss development, inflationary trends, claim frequency and severity, reserve discounting, and confidence levels. Current industry trends will also be discussed.

Read More
Fraud in Risk Management

June 26, 2024
What happens when an issue is shrouded in misinformation or subterfuge? What happens when you rely on information provided that is not what it appears to be. This session focuses on managing the integrity of risk and its governance and learning how to let go of what you can’t control.

Read More
Succession Planning: Your People, Your Board and Growing Your Own

July 17, 2024
This session is intended to provide attendees with the steps to identify (potential) gaps in their organization’s succession planning for both internal staff as well as their committees/board. Additionally, attendees will also be provided with a template form and other resources that are key to establishing an effective succession plan.

Read More
Driver Management Essentials

August 21, 2024
In order to get ahead of the curve of disaster impact, communities must have a change in mindset and focus time, energy and funds proactively. Disaster risk reduction involves tipping the scales in favor of preparedness, mitigation and capability growth.

Read More
Storytelling: How to Tell Your Organization’s Story to Gain Support and Drive the Narrative

September 25, 2024
In this session, learn how taking a strategic approach toward storytelling can help you identify stories within your organization, tie them to your organizational goals, and develop them for various platforms and audiences.

Read More
Incorporating Data Analytics into Enterprise Risk Management

October 16, 2024
Data drives decision-making in most institutions and can be a significant factor in how effective or ineffective an organization’s enterprise risk management program can be. The University of Massachusetts will share how they are enhancing the quality and aggregation of data to inform their enterprise risk management program.

Read More
Enhancing Community Fire Safety

November 20, 2024
This webinar emphasizes the critical importance of fire safety in preserving lives and property. It provides statistical insight into fire incidents, highlighting their profound impact on communities.

Read More