Forsyth County will be getting a credit for some of their insurance needs next year.
The county will receive $112,702 as part of a nearly $3 million dividend declared by the trustees with the lnterlocal Risk Management Agency of the Association County Commissioners of Georgia, also known as ACCG.
"The $2.75 million dividend is the largest in the program's 30-year history," said Charlie Newton, chairman of the Board of Trustees in a news release. "This program provides an outstanding service to counties and authorities throughout the state and allows us to cost effectively manage our risk management and insurance needs."
Since 1987, the non-profit agency has provided property and liability insurance coverage to ACCG member counties and the insurance fund is owned by the counties and managed by a board of trustees.
Per the release, the agency helps county governments to “purchase insurance coverage at cost efficient rates that are typically better than a county could negotiate on its own.”
Forsyth County’s dividend will be credited to its property and liability premium for the 2016-2017 policy year.
ACCG is a nonprofit that helps provide leadership, services and programs for Georgia’s 159 counties. The policy committee reviews legislation and offers input to state lawmakers.