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Council approves two-payment insurance option with 2% premium increase

Jerseyville City Council · November 12, 2024
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Summary

The Jerseyville City Council approved a min/max contribution agreement with the Illinois Municipal League Risk Management Association that allows two payments, with a 2% overall premium increase and payment due in December and May.

The City approved an agreement with the Illinois Municipal League Risk Management Association on Nov. 12 that allows the City's 2025 premium to be paid in two installments — with the first payment due in December and the second in May — and reflects a 2% increase in premium.

Commissioner Anthony Steckel moved to approve the min/max contribution agreement and payment option; Commissioner John Miles seconded the motion, which passed on a unanimous roll call. The council did not record additional debate.