JAY/LIVERMORE FALLS — Jay and Livermore Falls received dividend checks from the Maine Municipal Association as a result of their good loss experience and loss prevention programs.
Livermore Falls Town Manager Kristal Flagg told Livermore Falls selectmen on Tuesday that the town’s check is for $4,943. The money will go into the general fund, she said.
Jay’s dividend check is for $8,017.
The MMA offers three self-funded pools for municipal and quasi-public entities in Maine: the Workers’ Compensation Fund, the Property and Casualty Pool and the Unemployment Compensation Fund.
The programs are overseen by governing boards of elected and appointed municipal officials.
Each year, the boards review the program’s loss experience to determine if dividends may be paid, according to an MMA release.
The three programs have returned more than $15 million in dividends to participating members since 1997.
dperry@sunjournal.com
Send questions/comments to the editors.
Comments are no longer available on this story