The Venice City Council held a budget workshop on June 19, 2025, focusing on the city's work compensation and health insurance funds. A key discussion point was the recent reduction in workplace accidents and claims, attributed to the efforts of a safety committee composed of city employees. This committee meets quarterly to enhance safety training and practices, which has led to a decrease in workers' compensation claims.

City officials explained the structure of the work compensation fund, noting that it operates as an internal service fund. Each department is charged based on the number of employees and the specific work compensation code associated with their job functions. For instance, departments with higher-risk roles, such as public works or emergency services, incur higher costs compared to those in lower-risk positions, like finance.

The council also discussed the self-insured nature of the health fund, which is similarly managed through an internal service fund. An actuarial study is conducted annually to assess both the health and work compensation funds, ensuring that the city can adequately cover incurred but not reported claims.

Overall, the meeting highlighted the city's proactive approach to employee safety and financial management within its insurance funds, aiming to maintain a sustainable budget while ensuring employee well-being.