2) Recommend City Council approve a budget adjustment to reallocate transfers of $4.3 million from the Asset Management Plan Fund to the Insurance Fund to address higher-than-expected claims and increased self-insurance costs. - City of Irvine

Meeting: FINANCE COMMISSION REGULAR MEETING

Meeting Time: April 28, 2025 at 11:30am PDT

Where: City Council Chamber 1 Civic Center Plaza Irvine, CA 92606

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Agenda Item

2) Recommend City Council approve a budget adjustment to reallocate transfers of $4.3 million from the Asset Management Plan Fund to the Insurance Fund to address higher-than-expected claims and increased self-insurance costs.