The budget notes a "liability insurance increase" as a key FY27 assumption and allocates $5,596,870 for property and liability insurance across functions, including $4,953,520 within Operations and Maintenance of Plant and $643,350 within District Administration Support. Insurance is also cited as part of the Borough’s in-kind contribution (heating fuel and school building insurance). This suggests the district manages a large, complex risk portfolio covering remote facilities and employee housing, and is facing rising premiums. While the current insurer(s) may already be selected, insurers, brokers, and risk-management consultants can leverage this information to propose alternative structures, loss-control services, or longer-term risk strategies ahead of upcoming renewals. Additionally, facilities assessment and safety vendors can connect reduced risk and better data to future insurance cost containment.

Insurance costs are partially covered by the Borough’s in-kind contribution, so coordination with Bo...