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Palos Park approves $156,320 insurance-pool contribution for 2026
Palos Park Village Council · January 13, 2026
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Summary
Council voted unanimously to approve a $156,320 contribution for the Village’s 2026 IRBA insurance pool, using $116,320 in surplus-credit reserve funds and $40,000 from village funds to pay the premium.
The council approved the Village’s 2026 contribution to its insurance risk pool (IRBA) in a unanimous roll-call vote. A motion to "approve the 2026 IRBA annual contribution of $156,320 and net surplus credit reserve funds in…
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