Monona told workers' compensation costs rose unexpectedly; officials say it will affect 2027 budget

At the Sept. 8 committee meeting, staff reported a recent increase in workers' compensation claims and costs. "Our workers comp insurance came in $70,000 higher than what we budgeted for this year," the presenter said, and added the most recent insurance estimate was "over 200,000" with a three-year mod factor as high as 1.48.

The committee was told the higher claims history and elevated mod factor will affect premium calculations for 2027 and that staff will include the updated figures in the next operating-budget discussions. No separate motion was taken specifically on insurance at the meeting.