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Assembly committee introduces ordinance to appropriate funds for insurance premium increases; executive session planned for details
5707370 · September 2, 2025
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Summary
The finance committee introduced an ordinance to appropriate funds from the insurance and litigation fund balance to cover increased insurance premiums and claim reserves; staff described a 132% increase and said an executive session will be scheduled to discuss details.
The Kenai Peninsula Borough Finance Committee on Sept. 2 introduced Ordinance 2025-19-12 to appropriate funds from the insurance and litigation fund balance to cover additional insurance premiums and claim reserves for the year. Borough…
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