Macoupin County Board Finance Committee met Nov. 28.
Here are the minutes provided by the committee:
I. CALL TO ORDER
PRESENT: Thomas, Armour, Dragovich, Stayton, Duncan
ABSENT: Payne, Heuer, Kiel
II. AGENDA ITEMS
1. Liability and Work Comp Insurance Renewal Presentation with Matt Gazda Matt Gazda and Kyle Snell said this was a rough renewal as work comp is up 27% and liability insurance has a major increase due to a lawsuit involving a law enforcement involved shooting. Snell said that his company offers trainings and workshops that could hopefully help keep claims down. Gazda walked through the renewal.
197,852 was last year’s work comp renewal premium which increased to 252,826 this year.
412,949 was last year’s liability renewal premium which increase to 462,563 this year.
The Highway, Health, and E911 all pay their share of the premium which totals up to 181,214.
Overall there was a 17% increase on the total package.
III. EXECUTIVE SESSION
1. Personnel
Thomas said that the Public Defender could not attend due to illness and so they would have the executive session at next week's meeting.
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