HomeMy WebLinkAboutMINUTES Administrative Committee 1989-10-230
BRADFORD PUBLISHINGCO.RECORD OF PROCEEDINGS
Administrative Committee
October 23,1989
Committee of the Whole:Chairman Hix,Mayor Dannels and Board of Trustees
Attending:All
Also Attending:Town Administrator Klaphake,Finance Officer
Vavra,Department Supervisors,Clerk O’Connor
Absent:None
Chairman Hix called the meeting of the Administrative Committee to order at
2:02 P.M.
HEALTH INSURANCE PROPOSAL -PRESENTATION.
Town Administrator Klaphake briefed the Committee on the Town’s current
major medical health insurance plan versus a proposal of electing a par
tially self-funded 80/20 major medical health plan.Currently,employees
receive health benefits on a seniority system.The IRS is attempting to
standarize benefits for all employees.Staff anticipates the employee’s
family coverage be taken to a yet—to—be determined percentage,plus
allowing fully—vested employees (16+years)to be “grandfathered”in the
system.The Town’s contribution could be from 65%to a maximum of 75%.An
80/20 major medical plan would automatically lower expense to the Town,and
employees could afford to include their families.A component of the
partially self—funded plan is a “reserve”which is computed on an average
year’s expenditure.The Town typically has a low expenditure rate,thus
the reserve could be applied to the future year’s contribution.
The Town’s dental insurance plan,including an updated rate structure and
deductable was also discussed.
Following additional discussion,the Committee recommends the Town proceed
with the 20/20 partially-funded major medical plan,remaining with the
$25.00 deductable on the dental insurance plan,and eradicating the current
formula of participation based upon employee longevity.
CONFERENCE AND TRAVEL POLICY -DISCUSSION.
The Town is in receipt of a recent IRS ruling pertaining to employee
business expenses.In summary,unsubstantiated business expenses or
unreturned per diem are generally subject to income tax withholding,social
security taxes,and Federal Unemployment Tax.If,however,receipts are
submitted along with the travel expense report to substantiate these
expenses,employees should meet the reporting requirements.Following
discussion and amendment,the Committee recommends approval of the Confer
ence and Travel Policy,effective January 1,1990.
1990 BUDGET -REVIEW.
Staff presented copies of the 1990 Budget,and the Committee received their
first review of the Revenues and Expenses contained in the 1990 General
Fund Budget.Administrator Klaphake presented a list of General Fund
“Highliqhts”which addressed all items contained in the General Fund.
Subsequent Committee meetings to further consider the 1990 Budget are
November 6th and 20th,with the public hearing scheduled for the Town Board
meeting December 12th.
There being no further business,Chairman fix adjourned the meeting at 4:06
P.M.
,‘:(L.’
Vickie O’Connor,Town Clerk
OCT241989
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