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Requesting the appropriation of $21,000 from the Unreserved Fund Balance (Free Cash) to the Health Insurance Opt-Out Budget, in order to correct a year end deficit.
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Official Text
To the Honorable City Council:I respectfully request an appropriation of $21,000 from the Unreserved Fund Balance (Free Cash) to the Health Insurance Opt out Account (0190151- 517050) to remediate a year end deficit. The deficit results from mid-year increases in enrollment allowable due to qualifying events. There has been a total of 13 additional enrollments in mid fiscal year; 3 at the individual level for a $2,000/year stipend and 10 at a family level for a $4,000/year stipend. My staff will be available to address any questions you may have. Thank you for your consideration of this item.Respectfully Submitted,Joseph A. Curtatone, Mayor