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Council votes to raise some insurance deductibles after renewal spike
Summary
Facing nearly a $10,000 increase in the annual insurance bill, the council voted unanimously to increase certain deductibles from $500 to $2,500 to reduce the cost impact.
Fiscal Officer Jeff Brucker told the council the village's annual insurance payment had increased by almost $10,000 and recommended raising deductibles to limit the cost impact.
Council voted in favor of raising deductibles from $500 to $2,500; the motion carried with six ayes and no opposition. The change was presented as a cost-mitigation step; council did not attach further changes to coverage levels at the meeting.
The vote was recorded in the minutes as part of the fiscal report for the July 21 meeting.
