District budgets higher property and liability insurance costs
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Description
Santa Fe Irrigation District’s FY27 administration budget includes $218,300 for property and liability insurance, reflecting substantial premium increases amid a hard California market and recent loss experience. The coverage protects District facilities and operations.
Contract Details
Contract Amount
$218,300 (FY27 administrative budget)
Vendor
PROPERTY & LIABILITY INSURANCE
Agency
Santa Fe Irrigation District, CA
Contract Type
INSURANCE
Document Date
May 16, 2026
Contract Term
FY27 policy period, likely one year
Renewal Date
2027-06-30
Renewal Info
Insurance policies renew annually and are subject to market conditions and carrier underwriting; the FY27 budget assumes a significant premium increase.
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