File #: ID 2018-621    Version: 1 Name:
Type: Resolution Status: Filed
File created: 11/2/2018 In control: Regular City Commission Meeting
On agenda: 11/7/2018 Final action: 11/7/2018
Title: AUTHORIZING ELECTED OFFICIALS TO RECEIVE COMPENSATION IN AN AMOUNT EQUAL TO THE LOWEST LEVEL OF SINGLE COVERAGE OF EMPLOYER PAID PREMIUM IN LIEU OF RECEIVING HEALTH INSURANCE BENEFITS AND PROVIDING FOR AN EFFECTIVE DATE.
Attachments: 1. RESOLUTION, 2. BACKGROUND - Excerpt from July 16, 2018 Budget Workshop

 

TO:                     Mayor and City Commission

 

FROM:                     Samuel A. May, City Manager

 

DATE:                     November 7, 2018

 

 

Title

AUTHORIZING ELECTED OFFICIALS TO RECEIVE COMPENSATION IN AN AMOUNT EQUAL TO THE LOWEST LEVEL OF SINGLE COVERAGE OF EMPLOYER PAID PREMIUM IN LIEU OF RECEIVING HEALTH INSURANCE BENEFITS AND PROVIDING FOR AN EFFECTIVE DATE.

 

Body

 

 

BACKGROUND:                     Pursuant to direction given at the July 16, 2018, Budget Workshop, the accompanying Resolution provides for the authorization of the elected officials to receive compensation in lieu of health insurance benefits. The amount of compensation received will be equal to the premium of lowest level of employer paid single coverage (approx. $7,800).                     

 

 

RECOMMENDATION:                     For approval.

 

 

FISCAL IMPACT:                     Approximately $7,800 per eligible elected official. Amount is based on current plan premium cost. Amount will fluctuate based on future plan premiums.

 

 

CONTACT PERSON:                     Samuel A. May, City Manager