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Adelanto council approves notice to withdraw from ICRMA after insurance costs rise to $1.3 million
Summary
On July 1, 2024 the Adelanto City Council approved Resolution 24-61 authorizing the city manager to notify ICRMA of the city's intent to withdraw, citing a rise in the city's annual pool contribution from about $312,000 in 2019 to $1.3 million today and giving staff time to seek alternatives with an option to rescind.
On July 1, 2024, the Adelanto City Council voted to approve Resolution 24-61, authorizing the City Manager to provide formal notice to the Inland Cities Risk Management Authority (ICRMA) of Adelanto's intent to withdraw, with an effective termination date set under the pool's bylaws for June 30, 2025.
City Manager (speaker) described a multi-year increase in the city's pool contributions and said staff's recommendation was driven by a need to identify potential cost savings. "In 2019 our cost was approximately $312,000 a year," the City Manager said, later summarizing that the city's ICRMA share moved to $374,000 in 2020, $680,000 in 2021, $967,000 in 2022 and stands at $1,300,000 today. He said the pool spreads liabilities…
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