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Who manages the city funds—i.e. investments, insurance (City of San Diego is self insured for liability)- how is this addressed?

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Who manages the city funds—i.e. investments, insurance (City of San Diego is self insured for liability)- how is this addressed?

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Most government agencies in San Diego County have their investments in a “pool” which maximizes returns and ensures additional oversight and security. Small liabilities are usually paid with reserves. Cities are not required to have “insurance” the way private businesses and individuals are.

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