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The Liability Management and Reduction Fund is used to pay costs that departments incur as a result of tort claims. Tort claims are claims for damages or loss of property, personal injury or death caused by the negligence, wrongful act or omission of a state or special employee (s) acting within the scope of their authority. 

The Office of the Comptroller submits an annual financial plan and report to present the activities of the Liability Management and Reduction Fund to the House and Senate Committees on Ways and Means, the Secretary of Administration and Finance, and the Attorney General. 

FY2024

Financial Plan
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FY2023

Financial Plan
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FY2022

Financial Plan
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Financial Report
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FY2021

Financial Plan
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Financial Report
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FY2020

Financial Plan
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Financial Report
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FY2019

Financial Plan
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Financial Report
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FY2018

Financial Plan
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Financial Report
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FY2017

Financial Plan
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Financial Report
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