City of Thomasville Council Meeting Agenda April 2026
City Receives Cyber Incident Insurance Proceeds
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Description
Thomasville recorded a $220,680 first installment of insurance proceeds from the North Carolina League of Municipalities tied to a 2025 cybersecurity incident. The funds will bolster General Fund contingency and support planned salary and celebration expenditures.
Contract Details
Contract Amount
$220,680 (first installment of insurance proceeds)
Vendor
NORTH CAROLINA LEAGUE OF MUNICIPALITIES
Agency
City of Thomasville, NC
Contract Type
INSURANCE
Document Date
April 20, 2026
Renewal Info
Ongoing insurance relationship implied; specific policy period or renewal terms are not provided in the amendment.
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