EXPLANATORY STATEMENT - (Continued)
BUDGET MESSAGE
RECAP OF GROUP INSURANCE APPROPRIATION
Following is a recap of the Municipality's Employee Group Insurance
| Estimated Group Insurance Costs - 2022 | $ 1,448,000.00 | |
| Estimated Amounts to be Contributed by Employees: | ||
| Contribution from all eligible emp. | 273,000.00 | |
| 1,175,000.00 | ||
| Budgeted Group Insurance - Inside CAP | 1,065,000.00 | |
| Budgeted Group Insurance - Utilities | 110,000.00 | |
| Budgeted Group Insurance - Outside CAP | ||
| TOTAL | 1,175,000.00 | |
Instead of receiving Health Benefits, 17 employees
have elected an opt-out for 2022. This opt-out amount
is budgeted separately.
have elected an opt-out for 2022. This opt-out amount
is budgeted separately.
| Health Benefits Waiver | ||
| Salaries and Wages | $ 85,000.00 | |