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City of Orono
<br />2026 Internal Service Fund Expenditure Budget - Line Item Budget
<br />Insurance
<br />49960
<br />2026
<br />Dollar
<br />%
<br />2023
<br />2024
<br />2025
<br />Preliminary
<br />Increase
<br />Increase
<br />Actual
<br />Actual
<br />Budget
<br />Budget
<br />Decrease
<br />Decrease
<br />Personal Services
<br />Full -Time Employees Regular
<br />15,006
<br />12,005
<br />13,700
<br />14,750
<br />1,050
<br />7.66%
<br />PERA
<br />978
<br />899
<br />1,050
<br />1,150
<br />100
<br />9.52%
<br />FICA
<br />911
<br />930
<br />1,050
<br />1,150
<br />100
<br />9.52%
<br />City Benefit Contribution
<br />2,058
<br />146
<br />2,100
<br />300
<br />(1,800)
<br />-85.71%
<br />Worker's Comp Insurance Prem
<br />233,726
<br />239,355
<br />235,000
<br />-
<br />(235,000)
<br />-100.00%
<br />Total Personal Services
<br />252,680
<br />253,336
<br />252,900
<br />17,350
<br />(235,550)
<br />-93.14%
<br />Insurance
<br />General Liability Ins
<br />265,764
<br />277,638
<br />235,000
<br />365,750
<br />130,750
<br />55.64%
<br />Umbrella Liability Ins
<br />-
<br />-
<br />-
<br />-
<br />-
<br />N/A
<br />Insurance Agent of Record
<br />8,000
<br />8,000
<br />8,000
<br />8,000
<br />-
<br />0.00%
<br />Other Insurance Related Exp
<br />(7,609)
<br />3,816
<br />3,500
<br />3,700
<br />200
<br />5.71%
<br />Insurance Deductibles
<br />93,423
<br />95,703
<br />50,000
<br />50,000
<br />-
<br />0.00%
<br />Automotive Equipment
<br />-
<br />-
<br />27,000
<br />-
<br />(27,000)
<br />-100.00%
<br />Total Insurance
<br />359,578
<br />385,157
<br />323,500
<br />427,450
<br />103,950
<br />32.13%
<br />Total Insurance Fund
<br />612,258
<br />638,492
<br />576,400
<br />444,800
<br />(131,600)
<br />-22.83%
<br />Page 95 of 96 250
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