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08-27-2025 Council Packet
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08-27-2025 Council Packet
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9/11/2025 12:52:17 PM
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INSURANCE <br /> <br />Overview <br />Insurance contains the property, liability, and worker’s compensation insurance premiums paid by the City of Little <br />Canada. Claims and losses are also paid from the insurance budget. <br /> <br />Service Areas <br /> General Liability Worker’s Compensation <br /> <br />2026 Departmental Goals <br /> Continue to use the Internal Service Fund for Health Insurance, General Liability, and Worker’s <br />Compensation. <br /> Continue to analyze cost-saving measures for insurance <br /> <br />Budgetary Commentary <br />No changes for General Liability and for Worker’s Compensation in the 2026 budget. <br /> <br />Insurance Budget Summary 2023 <br />Actual <br />2024 <br />Actual <br />2025 <br />Budget <br />2026 <br />Budget <br />General Liability $25,790 29,811 $29,811 29,811 <br />Worker’s Compensation 19,600 22,171 21,339 21,339 <br />Total $45,390 $51,982 $51,150 $51,150 <br />Percent Change 0.00% <br /> <br /> <br />64
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