Town of Boothbay Harbor officials have announced that the town has received a $5,478 dividend check from the Maine Municipal Association as a result of its good loss experience and loss prevention programs.

The MMA offers three self-funded pools for municipal and quasi-public entitites in Maine: the Workers Compensation Fund formed in 1978, the Property and Casualty Pool formed in 1987, and the Unemployment Compensation Fund formed in 1978.

The programs are overseen by governing boards of elected and appointed municipal officials. At its May meeting, the board approved another dividend distribution. Actual allocation and eligibility is based on the individual member’s own loss experience.

Michelle Pelletier, director of Risk Management Services for MMA, said more than 79% of program participants received a dividend this year for their good risk management practices and favorable loss experience. Total payments of just over $1.2 million was returned directly to MMA members.