INSURANCEONGOING

Butner Adjusts Budget for Insurance Premium Increase

The Town of Butner continues its property and casualty insurance coverage through the Risk Management Services Property and Casualty Trust with the North Carolina League of Municipalities, with a FY 2026-2027 premium of $186,102.23. Council is asked to approve Budget Amendment 005-2027 to add $16,102.23 from the General Fund to fully fund the increased insurance premium.

Document date · September 3, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$186,102.23 (budget amendment of $16,102.23 to cover shortfall)
Contract type
INSURANCE
Contract term
Fiscal Year 2026-2027; current renewal period
Renewal date
2027-06-30
Renewal
Coverage is renewed for the Fiscal Year 2026-2027 term, with the RMS Board approving an 8.5% rate increase for the Property and Casualty Trust. Future renewals will be subject to updated appraisals, building value adjustments, vehicle additions, and claims experience.
Document type
Agenda
Source document
Butner Town Council Agenda 2026-09-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Butner?

Risk Management Services (rms) Property and Casualty Trust with the North Carolina League of Municipalities was awarded this insurance contract by Town of Butner, as recorded on September 3, 2026. The contract value is $186,102.23 (budget amendment of $16,102.23 to cover shortfall).

How much is the Risk Management Services (rms) Property and Casualty Trust with the North Carolina League of Municipalities contract with Town of Butner worth?

The Risk Management Services (rms) Property and Casualty Trust with the North Carolina League of Municipalities contract with Town of Butner is valued at $186,102.23 (budget amendment of $16,102.23 to cover shortfall), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Butner Town Council Agenda 2026-09-03 (Agenda), dated September 3, 2026 from Town of Butner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Risk Management Services (rms) Property and Casualty Trust with the North Carolina League of Municipalities hold?

Risk Management Services (rms) Property and Casualty Trust with the North Carolina League of Municipalities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Risk Management Services (rms) Property and Casualty Trust with the North Carolina League of Municipalities's profile

What is Town of Butner currently buying?

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