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Middlesex County Municipal Joint Insurance Fund introduces $1.69 million 2025 budget, approves interim payments after closed session

5846823 · September 29, 2025
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Summary

The Middlesex County Municipal Joint Insurance Fund introduced a $1,688,700 fund-year budget and certified member assessments at a Sept. 29, 2025 meeting in Bridgewater, then approved interim payments after a closed-session discussion, fund officials said.

The Middlesex County Municipal Joint Insurance Fund introduced a $1,688,700 fund-year budget and certified member assessments at a Sept. 29, 2025 meeting in Bridgewater, then approved interim payments after a closed-session discussion, fund officials said.

The budget introduction, presented as an action for adoption at the fund's next meeting, lists $1,688,700 in total fund-year expenditures and is primarily made up of operating costs, the fund's executive director, Barbara, said. The fund also distributed an assessments-by-member schedule that assigns $1,000,006.88 across active fund years as the basis for supplemental assessments and potential returns of surplus.

The budget matter matters because it establishes how member municipalities and participating entities will be assessed for the coming year and how prior-year activity (the fund noted active years 2001 through 2024) is allocated into the 2025 assessment calculation. Barbara, the…

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