Village of Swansea Draft Budget FY27 March 2026
IMLRMA Municipal Insurance Coverage Funded
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Description
Swansea’s FY27 budget continues coverage with IMLRMA, estimating $240,000 in premiums plus a $60,000 prior-year overage. The insurance covers general liability, workers’ compensation, and other municipal risks.
Contract Details
Contract Amount
est. $240,000 plus est. $60,000 overage
Vendor
IMLRMA
Agency
Swansea village, IL
Contract Type
INSURANCE
Document Date
March 16, 2026
Contract Term
annual
Renewal Date
2027-04-30
Renewal Info
Annual insurance pool participation renewed via FY27 budget; cost allocation split by fund.
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