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Cluster · revenue · FY 2024
Dividend payment from League of Minnesota Cities Insurance Trust to the City of Nowthen.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
6docs
Consensus
86%
Votes attached
0
Date range
2024-01-09 — 2024-01-09
All clusters with the same fund, department, revenue source, matter, and purpose fingerprint as this one — different fiscal years.
| FY | Amount | Δ from prior | Mentions |
|---|---|---|---|
| 2023 | $1,127 | — | 1 |
| 2024 | $1,127 | 0% | 6 |
Dividend payment from League of Minnesota Cities Insurance Trust to the City of Nowthen.
WHEREAS, the League of Minnesota Cities Insurance Trust's property/casualty program has sent a check to the city of Nowthen in the amount of $1, 127.00 as the city's share of a $3 million dividend, and; WHEREAS, the staff recommends accepting this dividend check in the amount of $1, 127.00.
Reasoning: Explicitly described as a dividend check received by the city.
Dividend payment from League of Minnesota Cities Insurance Trust.
WHEREAS, the League of Minnesota Cities Insurance Trust's property/casualty program has sent a check to the city of Nowthen in the amount of $1,127.00 as the city's share of a $3 million dividend, and; WHEREAS, the staff recommends accepting this dividend check in the amount of $1,127.00.
Reasoning: Explicitly a dividend payment to the city.
Dividend payment from League of Minnesota Cities Insurance Trust to the City of Nowthen.
Approval of Resolution 2024-XX Accepting a Dividend of $1,127.00 from the League of MN Cities Insurance Trust. ...WHEREAS, the League of Minnesota Cities Insurance Trust's property/casualty program has sent a check to the city of Nowthen in the amount of $1, 127.00 as the city's share of a $3 million dividend...
Reasoning: Explicitly described as a dividend check received by the city.
Dividend payment from League of Minnesota Cities Insurance Trust.
City Council thankfully acknowledges and accepts the $1,127.00 dividend check from the LMC Insurance Trust.
Reasoning: Explicitly a dividend payment to the city.
Dividend payment from League of Minnesota Cities Insurance Trust.
Nowthen GROSS EARNED PREMIUM $440,829 ADJUSTED LOSSES $122,248 MEMBERS DIVIDEND PERCENTAGE 0.00037556000 DIVIDEND AMOUNT $1,127
Reasoning: Explicitly a dividend payment to the city.
Dividend payment from League of Minnesota Cities Insurance Trust.
Approval of Resolution 2024-XX Accepting a Dividend of $1,127.00 from the League of MN Cities Insurance Trust.
Reasoning: Explicitly a dividend payment to the city.