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Garfield County approves $105,615 budget supplement for cap insurance premium
Board of County Commissioners of Garfield County
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Summary
County finance staff requested and the board approved a $105,615 budget supplement to cover a higher-than-estimated CTSI cap insurance premium for 2026; staff said the increase reflected stronger revenue in 2022–23 used by underwriters and higher loss runs.
County finance staff requested a budget supplement of $105,615 to cover the final 2026 cap (property/liability) insurance premium billed through CTSI. Brian Lee told commissioners the final invoice arrived after budget work and was higher than initial estimates; he said the insurer…
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