Rising insurance and retirement costs squeeze Brownsburg's general fund
September 10, 2026 | Town of Brownsburg, Hendricks County, Indiana
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Presenter warned that liability insurance costs rose sharply — staff cited a roughly 33.5% increase — and that state-mandated employer contributions for police and firefighter retirement plans rose to 26.5%, up from 23.3 percent. "General fund, is up 1% and some of that is... the police and firefighters retirement fund has increased to 26.5%. That is mandated by the state," the presenter said.
Council members asked how much the insurance increase added to the budget total; staff said the total budgeted insurance for 2027 is about $1.2 million and that carriers and coverage levels are being reviewed to seek lower rates where possible.
Council members asked how much the insurance increase added to the budget total; staff said the total budgeted insurance for 2027 is about $1.2 million and that carriers and coverage levels are being reviewed to seek lower rates where possible.
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