Money in the bank

The town has received a $23,403 check from Connecticut Interlocal Risk Management Agency, one of the town’s insurance carriers, for its share of this year’s CIRMA Members’ Equity Distribution Program.

“The town is delighted that CIRMA’s Members’ Equity Distribution Program will help members like the town of Fairfield achieve our mission of providing vital public services at a most economical cost,” First Selectman Mike Tetreau said.

The town has now received $126,642 through the program over the last five years.

In its letter, CIRMA said that the town’s “commitment to risk management and focus on loss reduction efforts have contributed to CIRMA’s financial strength,” according to a press release from the first selectman’s office.

The program is an unrestricted distribution, which means that members can use the funds as they choose–to fund a risk management initiative, make property improvements, or support public programs and services.

First Selectman Tetreau said, “The Town is delighted that CIRMA’s Members’ Equity Distribution Program will help members like the Town of Fairfield achieve our mission of providing vital public services at a most economical cost.”

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The photo of the check presentation ceremony shows from left to right, Human Resources Director Mary Carroll-Mirylees, Steven Bixler, CIRMA’s Vice President of Underwriting, Marketing, and Member Relations, and First Selectman Mike Tetreau.

 

Genny Reilly