City of Tempe
Dataset Description
The Cost of Risk metric shows how much the city spends on handling risks (like insurance, legal expenses, or accident payouts) compared to how much money it collects overall.
The following historical data was corrected:
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2022 cost of risk percent was corrected from 1.49 to 1.84
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2023 cost of risk percent was corrected from 1.36 to 1.34
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2024 cost of risk percent was corrected from 1.47 to 1.30
The performance measure dashboard is available at 5.17 Total Cost of Risk.
Additional Information
Source: Peoplesoft and ACFR
Contact: Laura Calder
Contact E-Mail: laura.calder@tempe.gov
Data Source Type: Excel
Preparation Method: The total expenses in Fund 2661 (The Risk Management cost center) is divided by the total revenue from Annual Comprehensive Financial Report to calculate the total cost of Risk.
Publish Frequency: Annual
Publish Method: Manual
Data Dictionary (pending update)
Organization: City of Tempe
Organization URL: https://catalog.data.gov/organization/tempe-az
Last updated: 2025-11-14T18:35:22.667Z
Tags: Cost of Risk, Financial Stability and Vitality