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Moraine Council approves renewal of city insurance, adds $29,300 appropriation
Summary
City council authorized renewal of property and casualty coverage through the Public Entities Pool of Ohio and passed a supplemental appropriation to cover a higher-than-budgeted premium.
MORAINE, Ohio — The Moraine City Council on July 24 approved renewal of the city’s property and casualty insurance through the Public Entities Pool of Ohio and passed a supplemental appropriation to cover the higher premium.
The council adopted Resolution 8167-25 authorizing renewal of the PEP of Ohio policy at a cost not to exceed $257,530 and passed Ordinance 2193-25, a supplemental appropriation of $29,300 to fund the renewal for 2025. Both measures were approved by roll-call votes.
The actions were presented as necessary because the insurer’s annual renewal quote exceeded the amount budgeted. Council members moved to suspend the normal three-reading rule and take the second reading and final adoption at the July 24 meeting, citing the city charter’s emergency procedure to allow immediate effect.
Finance Director (name not specified in the public record for this meeting) told council earlier in the evening that the city had completed its annual audit in June “with no findings noted” and that the audit report had been submitted to the Government Finance Officers Association for award consideration. The finance director said the state would release the official report in August.
Council recorded unanimous affirmative votes on the insurance renewal and on the supplemental appropriation. The supplemental appropriation will be charged to the fund identified in Ordinance 2193-25 to permit timely payment of the insurance premium.
Background: The Public Entities Pool of Ohio (PEP of Ohio) is the pooled insurer identified in the resolution; the council authorized the city manager to execute the renewal and any needed change orders. The council also handled the related ministerial ordinance updating codified ordinance replacement pages in the same meeting.
Less-critical details: The mayor’s court monthly report for June 2025 was presented in the same meeting; gross mayor’s court revenue was $14,966.68, with $11,392.62 deposited into the general fund.
