Sept. 8-CEDAR FALLS – When discussing the big loss in the health insurance fund, the two top employees of the city said that they need to discuss the problems in advance to make his next budget.
The city is looking at a loss in the self-insured health insurance fund
These are examples of discussions that could lead to “difficult” decisions for officials in November when they set goals for the coming year.
“This is the beginning, we have big things that will be in front of us in the coming session,” said the City Administrator.
Despite the difficulties, Rodenbeck said after the meeting that the city has not reached the point where it decides to leave the fund established by the employer to cover the financial risk of providing health care to employees, and is not looking for another insurance “system”. structural change.”
The city has operated under its own self-insured fund for years. And any change would also mean agreeing to changes in collective bargaining agreements with labor unions, he said.
At the meeting, Rodenbeck said the city has avoided buying insurance from dealers because it believes the coverage is cheaper.
“We (the city) don’t have a profit margin,” he said. “When you buy insurance, you have to pay the company to make money, so we’ve always thought it’s very difficult to insure yourself.”
Additionally, Rodenbeck said management is hesitant to ask employees to add more to the health insurance fund because of “the market we’re in right now.”
“Benefits are very important to employees,” he said in explaining his one tool he uses in competing with employers to recruit and retain employees.
Before the council approved the transfer by a 6-1 vote, Councilor
He told me “
The council’s vote allowed the money to be sent to the recreation fund to help pay for water park operations or other recreational activities.
The money makes up for the money that cities, counties and schools lost when the state cut the business and industrial property tax in 2013. The money is running out and the agency has already asked for just one job.
Similarly, the remaining approx
Sires countered this by keeping some of them
But Rodenbeck disputed his claims, saying it would be to the taxpayer’s best interest if they chose to transfer.
“Whether you use the money for projects and health insurance now, and reduce future taxes in your CIP or your trust and agency levy, or you keep the money in a general fund and remove property taxes in next year’s budget, it’s the same,” said Rodenbeck. “It’s still a property tax break.”
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