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Board signs off on FY26 adjustments, FY27 appropriations and insurance renewals; cyber coverage doubles
Summary
The board approved final FY26 budget adjustments, the FY27 certificate of estimated resources and appropriations, and renewed insurance policies; the CFC cyber policy doubled to $21,015.75 for the July 1, 2026–June 30, 2027 policy year.
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The board approved final FY26 expenditure and revenue adjustments and authorized the Treasurer/CFO to update the Certificate of Estimated Resources and Appropriations with the County Budget Commission for FY27.
As part of the Treasurer recommendations, the board approved annual property, casualty, liability and crime insurance through SORSA and a cyber insurance policy through CFC. The meeting materials specified the CFC cyber policy cost as $21,015.75 for the July 1, 2026–June 30, 2027 policy year; the board approved the insurance package unanimously.
Board members noted the property and liability costs rose only minimally while the cyber premium increased significantly and will require security improvements. The motions carried 5-0.
