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City council saves money on insurance, denies raise
By MIKE GEORGE
Dayton City Council held a special called meeting last Friday, Sept. 19 to approve a new method of providing insurance to employees and their dependents that will save the city approximately $8,000 per year on not having to pay the majority of the State Premium Tax on its premiums.
In a nutshell, council created a trust that will handle the payment of insurance premiums for the city’s employees, their dependents and others who are covered under the city plan. Council appointed themselves as trustees of the trust account and as such will be able to effect payments without any changes in financial accounts other than some accounting entries.
Council had to pass a series of eight motions after discussions on the issue with Bob Treachy, a benefits specialist with City-County Benefits Service (CCBS) who had worked with city attorney Randy Gunter and Chris Contreras on the program.
Council will continue to pay that portion of the premium tax that protects the city should one of the insurance carriers become insolvent.
In the only other action, council approved the new budget for the Dayton Community Development Corporation, but the request for a raise for DCDC administrative assistant, Cary Lyons, proposed by Councilwoman Barbara Zaruba from $11 per hour to $12.5 per hour was denied. Votes to approve changes in the 2007-2008 budget that would have made it retroactive, as well as changes in the budget that would have seen it through the 2008-2009 budget year, went 4-1 against with Zaruba the only councilperson in favor.
Council felt the raise did not meet the criteria underwhich all city employees receive raises.
In a nutshell, council created a trust that will handle the payment of insurance premiums for the city’s employees, their dependents and others who are covered under the city plan. Council appointed themselves as trustees of the trust account and as such will be able to effect payments without any changes in financial accounts other than some accounting entries.
Council had to pass a series of eight motions after discussions on the issue with Bob Treachy, a benefits specialist with City-County Benefits Service (CCBS) who had worked with city attorney Randy Gunter and Chris Contreras on the program.
Council will continue to pay that portion of the premium tax that protects the city should one of the insurance carriers become insolvent.
In the only other action, council approved the new budget for the Dayton Community Development Corporation, but the request for a raise for DCDC administrative assistant, Cary Lyons, proposed by Councilwoman Barbara Zaruba from $11 per hour to $12.5 per hour was denied. Votes to approve changes in the 2007-2008 budget that would have made it retroactive, as well as changes in the budget that would have seen it through the 2008-2009 budget year, went 4-1 against with Zaruba the only councilperson in favor.
Council felt the raise did not meet the criteria underwhich all city employees receive raises.
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