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Committee approves 2027 workers' compensation budget at just under $4.4 million
Summary
Committee voted to approve the 2027 workers' compensation budget, estimated "just under 4,400,000," a roughly 5.1% increase over the 2026 budget of $4,100,000; staff cited tax assessment, payroll and experience claim costs in the formula.
The committee voted to approve the proposed 2027 workers' compensation budget after staff review. Gary presented the estimate, saying the "2027 workers' comp budget, which is estimated to be just under 4,400,000." He said the figure was calculated using a formula that includes tax assessment, payroll and experience claim costs and represents an approximately 5.1% increase from the 2026 budget of $4,100,000.
During discussion Gary noted claim costs have been increasing from prior years and that the county continues to settle wage-earning-capacity cases, which he said yielded roughly $940,000 in savings between 2024 and year-to-date 2026. He also said the workers' comp plan reserve has "been fully funded since 2019 and will remain fully funded." The chair called for the motion, the committee voted by voice and the motion carried.
No formal roll-call tally was recorded in the transcript; the chair announced "All in favor? Aye. Any opposed? Motion carried." The committee did not record additional conditions or amendments to the budget approval in the meeting transcript.
