The Utah Local Governments Trust held a meeting on April 26, 2025, where CEO Steve Hansen addressed local government leaders, emphasizing the Trust's commitment to supporting Utah's municipalities and service districts. Hansen expressed gratitude for the leaders' roles in shaping their communities and highlighted the Trust's mission to protect essential services and operations.
Hansen reported that the Trust currently serves 620 local governments across Utah, managing over $9.2 billion in member property and hundreds of millions in liability risk. He noted that the Trust operates 35% more efficiently than national benchmarks, resulting in annual savings of over $2.5 million for its members. The organization also holds $180 million in assets to ensure financial stability and the ability to fulfill its commitments.
In his remarks, Hansen outlined several programs designed to enhance local government operations and employee development. These include the Trust Book Club, which provides leadership insights, and the Trust Legal Brief, offering timely legal updates. He introduced the new Good Energy Wellness Series, set to launch in July, aimed at improving employee well-being and decision-making. Additionally, the Mind Body Bridging program focuses on enhancing individual and team performance.
Hansen emphasized that these initiatives not only build capacity within local governments but also contribute to reducing injuries and saving taxpayer money. He also announced the Trust Integrity Promise, which offers qualifying members a premium rebate as an incentive for long-term commitment.
In closing, Hansen reiterated the Trust's dedication to paying claims, reducing losses, and fostering better organizations across the state. He invited attendees to the annual competition-grade pit barbecue event, which was relocated to the Dixie Center's Exhibition Hall due to weather concerns.