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Council authorizes use of escrow with OMAG for 2026-27 workers' compensation premium
Summary
The council approved applying the city's escrow balance with OMAG to the 2026-2027 workers' compensation premium; the motion passed 5-0. No dollar amount or reserve balance is recorded in the minutes.
On June 16 the Grove City Council approved using the city's escrow balance with the Oklahoma Municipal Assurance Group (OMAG) toward the 2026-2027 OMAG workers' compensation premium. The motion was moved by Andy Stewart and seconded by Ivan Devitt; the minutes record the action as approved unanimously (AYE: Devitt, Dyer, Steed, Stewart, Trumbull; NAY: None).
The minutes do not specify the escrow figure applied, the premium total, or whether the action changes budgeted reserves; no fiscal staff detail or ordinance amendment is included in the meeting record. The minutes list the motion and the recorded vote but not associated dollar amounts.
